Stella-Jones (TSE:SJ) Sets New 1-Year High at $95.86

Stella-Jones Inc. (TSE:SJ) hit a new 52-week high on Tuesday . The company traded as high as C$95.86 and last traded at C$95.51, with a volume of 29020 shares. The stock had previously closed at C$94.57.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Scotiabank upped their target price on Stella-Jones from C$86.00 to C$88.00 in a research note on Thursday, May 9th. National Bankshares upped their target price 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. TD Securities upped their target price on Stella-Jones from C$94.00 to C$98.00 in a research note on Friday, May 10th. Royal Bank of Canada lowered Stella-Jones from an “outperform” rating to a “sector perform” rating and set a C$94.00 target price on the stock. in a research note on Monday, July 8th. Finally, CIBC upped their target price on Stella-Jones from C$86.00 to C$94.00 in a research note on Thursday, July 18th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Stella-Jones presently has a consensus rating of “Moderate Buy” and an average target price of C$92.14.

Stella-Jones Price Performance

The company has a market capitalization of C$5.41 billion, a PE ratio of 16.06, a PEG ratio of 2.40 and a beta of 0.68. The firm has a fifty day moving average of C$87.49 and a two-hundred day moving average of C$81.85. The company has a current ratio of 6.38, a quick ratio of 1.20 and a debt-to-equity ratio of 100.69.

Stella-Jones (TSE:SJ) last released its quarterly earnings data on Wednesday, May 8th. The company reported C$1.36 earnings per share for the quarter, topping the consensus estimate of C$1.09 by C$0.27. Stella-Jones had a return on equity of 20.77% and a net margin of 10.14%. The business had revenue of C$775.00 million during the quarter, compared to analysts’ expectations of C$781.85 million. Research analysts anticipate that Stella-Jones Inc. will post 5.7120805 EPS for the current fiscal year.

Stella-Jones Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Monday, June 3rd were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 1.17%. The ex-dividend date was Monday, June 3rd. Stella-Jones’s dividend payout ratio (DPR) is currently 18.82%.

Insiders Place Their Bets

In other news, Director James Augustus Manzi sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 18th. The stock was sold at an average price of C$61.93, for a total value of C$309,661.50. Company insiders own 0.14% of the company’s stock.

About Stella-Jones

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.