Analysts Set Stella-Jones Inc. (TSE:SJ) PT at C$88.00

Stella-Jones Inc. (TSE:SJ) has received a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is C$88.00.

A number of equities analysts have recently weighed in on the stock. Scotiabank lowered their price target on shares of Stella-Jones from C$95.00 to C$85.00 in a research note on Thursday, November 7th. CIBC dropped 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 reduced 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 lowered their price target on Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating on the stock in a report on Thursday, November 7th.

Insider Activity

In other Stella-Jones news, Director Rhodri Harries purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The stock was purchased at an average cost of C$69.50 per share, with a total value of C$347,500.00. Also, Senior Officer Richard Cuddihy purchased 500 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was bought at an average price of C$70.85 per share, with a total value of C$35,424.00. Insiders purchased 10,750 shares of company stock valued at $753,042 in the last ninety days. Company insiders own 0.14% of the company’s stock.

Stella-Jones Stock Down 1.2 %

Shares of TSE:SJ opened at C$71.63 on Friday. Stella-Jones has a fifty-two week low of C$67.13 and a fifty-two week high of C$98.00. The company has a quick ratio of 1.20, a current ratio of 6.57 and a debt-to-equity ratio of 93.08. The firm’s 50-day simple moving average is C$79.52 and its 200-day simple moving average is C$86.13. The company has a market cap of C$4.04 billion, a price-to-earnings ratio of 11.57, a PEG ratio of 2.40 and a beta of 0.64.

Stella-Jones Dividend Announcement

The business also recently declared 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. This represents a $1.12 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend is Monday, December 2nd. Stella-Jones’s dividend payout ratio (DPR) is 18.09%.

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.