Stella-Jones Inc. (TSE:SJ) Receives Average Rating of “Moderate Buy” from Analysts

Stella-Jones Inc. (TSE:SJGet Free Report) has received an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$88.00.

SJ has been the subject of several recent analyst reports. National Bankshares raised their target price on shares of Stella-Jones from C$91.00 to C$99.00 and gave the stock an “outperform” rating in a report on Tuesday, July 16th. CIBC decreased their price objective on shares of Stella-Jones from C$99.00 to C$83.00 in a research note on Thursday, November 7th. TD Securities cut their target price on shares of Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Scotiabank decreased their target price on Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. Finally, Royal Bank of Canada dropped their price target on Stella-Jones from C$97.00 to C$81.00 in a research report on Thursday, November 7th.

Check Out Our Latest Report on SJ

Stella-Jones Trading Down 0.4 %

TSE:SJ opened at C$70.72 on Wednesday. The stock has a fifty day simple moving average of C$88.30 and a 200 day simple moving average of C$87.59. The company has a quick ratio of 1.20, a current ratio of 6.57 and a debt-to-equity ratio of 93.08. The firm has a market capitalization of C$3.99 billion, a price-to-earnings ratio of 11.42, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64. Stella-Jones has a 1-year low of C$69.76 and a 1-year high of C$98.00.

Stella-Jones Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Monday, December 2nd will be issued a dividend of $0.28 per share. The ex-dividend date is Monday, December 2nd. This represents a $1.12 annualized dividend and a dividend yield of 1.58%. Stella-Jones’s dividend payout ratio is 18.09%.

Insider Buying and Selling at Stella-Jones

In related news, Director James Augustus Manzi sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$92.92, for a total transaction of C$464,583.48. Corporate insiders own 0.14% of the company’s stock.

About Stella-Jones

(Get Free Report

Stella-Jones Inc produces and sells pressure-treated wood products in Canada and the United States. It operates through two segments, Pressure-Treated Wood; and Logs and Lumber. The company offers railway ties and timbers for short line and commercial railroad operators; and wood utility poles for electrical utilities and telecommunication companies.

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Analyst Recommendations for Stella-Jones (TSE:SJ)

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