Posted by admin on Jul 23rd, 2022
Shares of Stella-Jones Inc. (TSE:SJ – Get Rating) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is C$49.71.
Several research firms recently weighed in on SJ. National Bankshares raised their price objective on Stella-Jones from C$51.00 to C$57.00 in a research note on Wednesday, July 13th. CIBC decreased their price target on shares of Stella-Jones from C$45.00 to C$41.00 in a report on Friday, July 8th. Royal Bank of Canada dropped their price objective on shares of Stella-Jones from C$43.00 to C$40.00 and set a “sector perform” rating for the company in a research note on Thursday, May 12th. Finally, TD Securities cut shares of Stella-Jones from an “action list buy” rating to a “buy” rating and decreased their target price for the stock from C$50.00 to C$45.00 in a research note on Saturday, June 25th.
TSE SJ opened at C$35.91 on Wednesday. The firm’s 50 day simple moving average is C$34.04 and its 200 day simple moving average is C$37.09. The firm has a market capitalization of C$2.24 billion and a price-to-earnings ratio of 10.66. The company has a current ratio of 6.85, a quick ratio of 1.66 and a debt-to-equity ratio of 74.12. Stella-Jones has a 1 year low of C$30.54 and a 1 year high of C$46.51.
Stella-Jones (TSE:SJ – Get Rating) last issued its earnings results on Wednesday, May 11th. The company reported C$0.73 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.66 by C$0.07. The business had revenue of C$651.00 million during the quarter, compared to analyst estimates of C$568.57 million. As a group, research analysts expect that Stella-Jones will post 3.73 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 22nd. Stockholders of record on Wednesday, June 1st were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, May 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.23%. Stella-Jones’s dividend payout ratio (DPR) is presently 21.96%.
Stella-Jones Inc produces and markets pressure-treated wood products in Canada and the United States. It offers railway ties and timbers for railroad operators; and wood utility poles for electrical utilities and telecommunication companies. The company also provides residential lumber and accessories to retailers for outdoor applications; industrial products, including bridge and crossing timbers, foundation and marine piling, construction timbers, crane mats, fence posts, and highway guardrail posts; and coal tar-based products.
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