Posted by admin on May 14th, 2022
Stella-Jones (TSE:SJ – Get Rating) had its price target lowered by equities researchers at Royal Bank of Canada from C$43.00 to C$40.00 in a note issued to investors on Thursday, BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank of Canada’s price target would indicate a potential upside of 14.71% from the stock’s previous close.
Separately, CIBC cut their target price on Stella-Jones from C$50.00 to C$47.00 in a research note on Thursday, April 21st. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$51.00.
TSE SJ opened at C$34.87 on Thursday. The company has a current ratio of 5.74, a quick ratio of 0.99 and a debt-to-equity ratio of 60.64. The business has a fifty day simple moving average of C$37.35 and a 200 day simple moving average of C$39.64. Stella-Jones has a 12 month low of C$33.93 and a 12 month high of C$50.13. The firm has a market capitalization of C$2.22 billion and a P/E ratio of 9.99.
Stella-Jones (TSE:SJ – Get Rating) last announced its earnings results on Wednesday, March 9th. The company reported C$0.34 EPS for the quarter, beating the consensus estimate of C$0.32 by C$0.02. The firm had revenue of C$545.00 million during the quarter, compared to analysts’ expectations of C$486.00 million. As a group, sell-side analysts predict that Stella-Jones will post 3.6800001 EPS for the current fiscal year.
Stella-Jones Inc produces and markets pressure-treated wood products in Canada and the United States. It offers railway ties and timbers for railroad operators; and wood utility poles for electrical utilities and telecommunication companies. The company also provides residential lumber and accessories to retailers for outdoor applications; industrial products, including bridge and crossing timbers, foundation and marine piling, construction timbers, crane mats, fence posts, and highway guardrail posts; and coal tar-based products.
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