Key Points
- Stella-Jones director Kenner James bought 937 shares on May 12 at C$73.22 each, spending about C$68,607 and boosting his stake by 104.46% to 1,834 shares.
- The stock was trading up 3.0% at C$74.24, while the company reported quarterly earnings of C$1.12 per share on revenue of C$791 million.
- Analysts remain cautiously bullish: TD lowered its price target to C$93 but kept a Buy rating, and the consensus view is still Moderate Buy with a C$95.38 target.
Stella-Jones Inc. (TSE:SJ - Get Free Report) insider Marco Albanesi bought 206 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average price of C$73.00 per share, with a total value of C$15,038.00. Following the completion of the acquisition, the insider owned 826 shares of the company's stock, valued at C$60,298. This trade represents a 33.23% increase in their position.
Stella-Jones Price Performance
Stella-Jones stock opened at C$74.24 on Wednesday. Stella-Jones Inc. has a 1 year low of C$69.94 and a 1 year high of C$101.31. The firm has a 50 day moving average price of C$88.55 and a 200 day moving average price of C$88.10. The company has a market cap of C$4.05 billion, a price-to-earnings ratio of 13.45, a PEG ratio of 2.40 and a beta of -0.15. The company has a debt-to-equity ratio of 80.71, a quick ratio of 1.20 and a current ratio of 4.96.
Stella-Jones (TSE:SJ - Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported C$1.12 earnings per share (EPS) for the quarter. Stella-Jones had a net margin of 8.66% and a return on equity of 14.85%. The firm had revenue of C$791.00 million during the quarter. Sell-side analysts predict that Stella-Jones Inc. will post 6.4457565 earnings per share for the current year.
Wall Street Analysts Forecast Growth
SJ has been the subject of a number of recent analyst reports. Royal Bank Of Canada lowered their target price on shares of Stella-Jones from C$93.00 to C$85.00 and set a "sector perform" rating for the company in a report on Thursday, May 7th. Scotiabank lowered their target price on shares of Stella-Jones from C$99.00 to C$97.00 and set a "sector outperform" rating for the company in a report on Tuesday, April 28th. TD Securities lifted their price target on shares of Stella-Jones from C$97.00 to C$107.00 and gave the company a "buy" rating in a research report on Monday, March 2nd. Raymond James Financial reduced their price target on shares of Stella-Jones from C$100.00 to C$95.00 and set an "outperform" rating on the stock in a research report on Thursday, May 7th. Finally, Desjardins reduced their price target on shares of Stella-Jones from C$107.00 to C$104.00 and set a "buy" rating on the stock in a research report on Thursday, May 7th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$95.38.
Get Our Latest Stock Report on SJ
Trending Headlines about Stella-Jones
Here are the key news stories impacting Stella-Jones this week:
- Positive Sentiment: Several Stella-Jones directors and insiders bought shares in recent transactions, which investors often view as a bullish signal that leadership sees value at current levels.
- Neutral Sentiment: TD lowered its price target on Stella-Jones to C$93 from C$106, but kept a Buy rating, suggesting the stock still has upside despite a more cautious valuation view. Stella-Jones (TSE:SJ) Price Target Lowered to C$93.00 at TD
- Neutral Sentiment: The company’s latest quarterly results were solid, with earnings of C$1.12 per share on revenue of C$791 million, but analysts have recently trimmed targets across the sector, creating mixed sentiment for the stock.
About Stella-Jones
(
Get Free Report)
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. The vast majority of its revenue comes from the Pressure-treated wood segment.
Further Reading
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