Stella-Jones Inc. (TSE:SJ) Senior Officer Richard Cuddihy Purchases 500 Shares

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

Stella-Jones Trading Down 1.0 %

SJ traded down C$0.71 during trading on Friday, hitting C$67.68. 68,115 shares of the stock were exchanged, compared to its average volume of 142,824. The firm has a market cap of C$3.81 billion, a price-to-earnings ratio of 11.05, a P/E/G 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 Inc. has a 1 year low of C$67.13 and a 1 year high of C$98.00. The firm has a 50 day simple moving average of C$87.37 and a 200 day simple moving average of C$87.37.

Stella-Jones Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Monday, December 2nd will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.65%. Stella-Jones’s payout ratio is currently 18.09%.

Analyst Ratings Changes

Several research firms have recently weighed in on SJ. CIBC cut their price objective on Stella-Jones from C$99.00 to C$83.00 in a report on Thursday, November 7th. Scotiabank cut their target price on Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. Royal Bank of Canada reduced their price objective on Stella-Jones from C$97.00 to C$81.00 in a report on Thursday, November 7th. Finally, TD Securities decreased their target price on 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 issued a buy rating to the stock. According to data from MarketBeat, Stella-Jones has a consensus rating of “Moderate Buy” and a consensus price target of C$88.00.

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.