Richard Cuddihy Purchases 500 Shares of Stella-Jones Inc. (TSE:SJ) Stock

Stella-Jones Inc. (TSE:SJ) Senior Officer Richard Cuddihy acquired 500 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was bought at an average price of C$70.85 per share, for a total transaction of C$35,424.00.

Stella-Jones Stock Down 0.3 %

Shares of TSE:SJ opened at C$68.16 on Friday. Stella-Jones Inc. has a 52 week low of C$67.13 and a 52 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$3.84 billion, a PE ratio of 11.01, 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$86.88 and a 200 day simple moving average of C$87.24.

Stella-Jones Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Monday, December 2nd will be paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date is Monday, December 2nd. Stella-Jones’s dividend payout ratio (DPR) is presently 18.09%.

Analysts Set New Price Targets

SJ has been the topic of several research analyst reports. Scotiabank cut their target price on Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. CIBC lowered their target price on shares of Stella-Jones from C$99.00 to C$83.00 in a report on Thursday, November 7th. Royal Bank of Canada decreased their price target on shares of Stella-Jones from C$97.00 to C$81.00 in a research report on Thursday, November 7th. Finally, TD Securities reduced their price objective on shares of Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$88.00.

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.