Stella-Jones Inc. (TSE:SJ) Director Patrick Kirkham Purchases 2,035 Shares

Stella-Jones Inc. (TSE:SJ) Director Patrick Kirkham bought 2,035 shares of Stella-Jones stock in a transaction dated Thursday, December 19th. The stock was purchased at an average price of C$70.36 per share, with a total value of C$143,179.34.

Stella-Jones Stock Performance

TSE:SJ opened at C$70.73 on Friday. The business’s fifty day moving average is C$77.76 and its 200 day moving average is C$85.81. Stella-Jones Inc. has a 52-week low of C$67.13 and a 52-week high of C$98.00. The firm has a market cap of C$3.99 billion, a price-to-earnings ratio of 11.43, a PEG ratio of 2.40 and a beta of 0.64. The company has a debt-to-equity ratio of 93.08, a quick ratio of 1.20 and a current ratio of 6.57.

Stella-Jones Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Monday, December 2nd were given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 1.58%. The ex-dividend date was Monday, December 2nd. Stella-Jones’s dividend payout ratio (DPR) is currently 18.09%.

Wall Street Analysts Forecast Growth

SJ has been the subject of a number of recent research reports. Royal Bank of Canada decreased their price objective on Stella-Jones from C$97.00 to C$81.00 in a report on Thursday, November 7th. Scotiabank dropped their price objective on Stella-Jones from C$95.00 to C$85.00 in a research note on Thursday, November 7th. CIBC reduced their target price on shares of Stella-Jones from C$99.00 to C$83.00 in a research note on Thursday, November 7th. Finally, TD Securities dropped their price target on shares of Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$88.00.

Stella-Jones Company Profile

Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company’s procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets.