Stella-Jones (TSE:SJ) Price Target Cut to C$93.00 by Analysts at Royal Bank Of Canada
by Scott Moore · The Cerbat GemStella-Jones (TSE:SJ – Get Free Report) had its target price cut by equities research analysts at Royal Bank Of Canada from C$95.00 to C$93.00 in a research note issued to investors on Monday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 8.66% from the company’s previous close.
Several other research analysts have also issued reports on the company. TD Securities increased their target price on Stella-Jones from C$97.00 to C$107.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Canadian Imperial Bank of Commerce increased their target price on Stella-Jones from C$90.00 to C$100.00 in a research report on Friday, February 6th. National Bank Financial lowered Stella-Jones from an “outperform” rating to a “hold” rating and reduced their price objective for the company from C$107.00 to C$95.00 in a research report on Wednesday, April 8th. Finally, Scotiabank raised Stella-Jones from a “hold” rating to an “outperform” rating and raised their price objective for the company from C$88.00 to C$98.00 in a research report on Thursday, January 29th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$99.29.
Check Out Our Latest Report on SJ
Stella-Jones Trading Down 0.3%
Shares of TSE SJ traded down C$0.30 during midday trading on Monday, reaching C$85.59. The company had a trading volume of 55,521 shares, compared to its average volume of 127,344. Stella-Jones has a one year low of C$65.27 and a one year high of C$101.31. The company has a quick ratio of 1.20, a current ratio of 7.40 and a debt-to-equity ratio of 92.30. The firm’s fifty day moving average price is C$94.81 and its 200-day moving average price is C$87.91. The stock has a market cap of C$4.67 billion, a PE ratio of 14.05, a price-to-earnings-growth ratio of 2.40 and a beta of -0.11.
Stella-Jones (TSE:SJ – Get Free Report) last released its earnings results on Thursday, February 26th. The company reported C$0.91 earnings per share for the quarter. The company had revenue of C$727.00 million during the quarter. Stella-Jones had a return on equity of 16.67% and a net margin of 9.65%. On average, equities research analysts anticipate that Stella-Jones will post 6.4457565 earnings per share for the current year.
Stella-Jones Company Profile
Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company’s procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets. The vast majority of its revenue comes from the Pressure-treated wood segment.