Posted by admin on Aug 5th, 2022
Stella-Jones Inc. (TSE:SJ – Get Rating) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$36.86 and traded as high as C$38.04. Stella-Jones shares last traded at C$37.82, with a volume of 66,770 shares trading hands.
Several equities research analysts have recently weighed in on the stock. TD Securities cut shares of Stella-Jones from an “action list buy” rating to a “buy” rating and decreased their price objective for the stock from C$50.00 to C$45.00 in a research report on Saturday, June 25th. National Bankshares raised their price objective on shares of Stella-Jones from C$51.00 to C$57.00 in a research note on Wednesday, July 13th. Royal Bank of Canada dropped their price target on shares of Stella-Jones from C$43.00 to C$40.00 and set a “sector perform” rating on the stock in a research report on Thursday, May 12th. Finally, CIBC dropped their price target on shares of Stella-Jones from C$45.00 to C$41.00 in a research report on Friday, July 8th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$49.71.
The business’s 50-day moving average price is C$34.35 and its 200 day moving average price is C$36.86. The company has a quick ratio of 1.66, a current ratio of 6.85 and a debt-to-equity ratio of 74.12. The company has a market capitalization of C$2.36 billion and a P/E ratio of 11.22.
Stella-Jones (TSE:SJ – Get Rating) last announced its earnings results on Wednesday, May 11th. The company reported C$0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.66 by C$0.07. The company had revenue of C$651.00 million for the quarter, compared to the consensus estimate of C$568.57 million. Analysts anticipate that Stella-Jones Inc. will post 3.7300002 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 22nd. Stockholders of record on Wednesday, June 1st were issued a $0.20 dividend. 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 2.12%. Stella-Jones’s payout ratio is 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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