Shares of Stella-Jones Inc (TSE:SJ) have been assigned an average recommendation of “Buy” from the eight research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$52.29.
A number of analysts recently weighed in on the stock. National Bank Financial set a C$53.00 target price on shares of Stella-Jones and gave the stock an “outperform” rating in a research note on Wednesday, July 25th. CIBC cut their target price on shares of Stella-Jones from C$53.00 to C$52.00 in a research note on Wednesday, September 19th. Finally, Desjardins upgraded shares of Stella-Jones from a “hold” rating to a “buy” rating in a research note on Wednesday, August 15th.
TSE:SJ traded up C$0.40 on Friday, reaching C$42.26. 126,822 shares of the company’s stock were exchanged, compared to its average volume of 126,883. Stella-Jones has a 52-week low of C$41.53 and a 52-week high of C$52.22.
Stella-Jones (TSE:SJ) last issued its quarterly earnings results on Wednesday, August 8th. The company reported C$0.69 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.67 by C$0.02. The company had revenue of C$662.30 million for the quarter, compared to analyst estimates of C$618.10 million. Stella-Jones had a net margin of 8.11% and a return on equity of 15.87%.
Stella-Jones Inc produces, markets, and sells pressure treated wood products in Canada and the United States. It offers railway ties and timbers for railroad operators; and utility poles for electrical utilities and telecommunication companies. The company also provides residential lumber and accessories to retailers and wholesalers for use in decks, fences, patios, and other outdoor applications; and industrial products, including bridge timbers and docks, foundation and marine pilings, highway guardrail posts, and panelized railway crossings; and construction timbers.
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