Stella-Jones Q4 EPS Reduced by National Bank Financial

Stella-Jones Inc. (TSE:SJ) – Analysts at National Bank Financial decreased their Q4 2024 earnings per share (EPS) estimates for shares of Stella-Jones in a research report issued on Wednesday, January 22nd. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings of $0.74 per share for the quarter, down from their previous estimate of $1.01. The consensus estimate for Stella-Jones’ current full-year earnings is $6.45 per share. National Bank Financial also issued estimates for Stella-Jones’ FY2025 earnings at $5.64 EPS.

A number of other research firms have also recently weighed in on SJ. Cibc World Mkts upgraded shares of Stella-Jones from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 14th. CIBC upgraded Stella-Jones from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from C$83.00 to C$86.00 in a report on Wednesday, January 15th. TD Securities cut their price objective on Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating for the company 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. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of C$88.50.

Stella-Jones Trading Down 0.8 %

Shares of Stella-Jones stock opened at C$72.18 on Monday. Stella-Jones has a fifty-two week low of C$65.43 and a fifty-two week high of C$98.00. The company has a debt-to-equity ratio of 93.08, a quick ratio of 1.20 and a current ratio of 6.57. The company has a market cap of C$4.07 billion, a P/E ratio of 11.66, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64. The firm has a 50-day simple moving average of C$71.30 and a two-hundred day simple moving average of C$82.68.

Stella-Jones (TSE:SJ) last announced its quarterly earnings results on Wednesday, November 6th. The company reported C$1.42 earnings per share for the quarter, missing the consensus estimate of C$1.70 by C($0.28). Stella-Jones had a net margin of 10.20% and a return on equity of 20.64%. During the same period in the previous year, the firm earned $1.91 EPS.

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. This represents a $1.12 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend was Monday, December 2nd. Stella-Jones’s dividend payout ratio (DPR) is 18.09%.

Insider Buying and Selling

In related news, Senior Officer Richard Cuddihy purchased 500 shares of the firm’s stock in a transaction on Wednesday, November 13th. The stock was purchased at an average price of C$70.85 per share, for a total transaction of C$35,424.00. Also, Director Rhodri Harries acquired 5,000 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were purchased at an average price of C$69.50 per share, for a total transaction of C$347,500.00. In the last ninety days, insiders have bought 12,785 shares of company stock valued at $896,221. 0.14% of the stock is currently owned by company insiders.

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.