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 the stock in a transaction on Thursday, December 19th. The shares were acquired at an average cost of C$70.36 per share, with a total value of C$143,179.34.

Stella-Jones Trading Up 0.7 %

Shares of TSE:SJ opened at C$70.73 on Friday. The company’s 50-day moving average price is C$77.36 and its two-hundred day moving average price is C$85.71. Stella-Jones Inc. has a one year low of C$67.13 and a one year high of C$98.00. The company has a debt-to-equity ratio of 93.08, a current ratio of 6.57 and a quick ratio of 1.20. The stock has a market capitalization of C$3.99 billion, a PE ratio of 11.43, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64.

Stella-Jones Announces Dividend

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

Wall Street Analyst Weigh In

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

About Stella-Jones

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.