Stella-Jones (TSE:SJ) Given New C$88.00 Price Target at TD Securities

Stella-Jones (TSE:SJ) had its price target dropped by research analysts at TD Securities from C$103.00 to C$88.00 in a research report issued on Thursday,BayStreet.CA reports. TD Securities’ price target would indicate a potential upside of 19.19% from the company’s previous close.

SJ has been the subject of several other reports. CIBC decreased their target price on shares of Stella-Jones from C$99.00 to C$83.00 in a research note on Thursday. Royal Bank of Canada lowered their target price on Stella-Jones from C$97.00 to C$81.00 in a research note on Thursday. National Bankshares boosted their price target on Stella-Jones from C$91.00 to C$99.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 16th. Finally, Scotiabank lowered their price objective on Stella-Jones from C$95.00 to C$85.00 in a research note on Thursday. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$88.00.

Stella-Jones Trading Down 2.0 %

SJ traded down C$1.54 on Thursday, reaching C$73.83. 206,144 shares of the company’s stock were exchanged, compared to its average volume of 137,862. The company has a market cap of C$4.16 billion, a price-to-earnings ratio of 11.96, 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 has a twelve month low of C$71.41 and a twelve month high of C$98.00. The company’s 50 day moving average is C$89.81 and its 200-day moving average is C$87.81.

Stella-Jones (TSE:SJ) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C$1.94 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.96 by C($0.02). The company had revenue of C$1.05 billion during the quarter, compared to analyst estimates of C$1.07 billion. Stella-Jones had a net margin of 10.20% and a return on equity of 20.64%. Equities analysts predict that Stella-Jones will post 6.4457565 earnings per share for the current year.

Insider Transactions at Stella-Jones

In other Stella-Jones news, Director James Augustus Manzi sold 5,000 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$92.92, for a total transaction of C$464,583.48. Company insiders own 0.14% of the company’s stock.

Stella-Jones Company Profile

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.