Stella-Jones Inc (TSE:SJ) – Analysts at National Bank Financial issued their FY2019 EPS estimates for Stella-Jones in a note issued to investors on Monday. National Bank Financial analyst L. Aghazarian anticipates that the company will earn $2.70 per share for the year. National Bank Financial currently has a “Sector Perform” rating and a $52.00 target price on the stock.
A number of other brokerages also recently issued reports on SJ. Royal Bank Of Canada reiterated an “outperform” rating and issued a C$56.00 price target on shares of Stella-Jones in a report on Tuesday. TD Securities boosted their target price on shares of Stella-Jones from C$44.00 to C$48.00 and gave the stock a “hold” rating in a report on Thursday, August 10th. Finally, Scotiabank upped their price target on shares of Stella-Jones from C$41.00 to C$45.00 and gave the company a “sector perform” rating in a report on Thursday, August 10th. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of C$48.00.
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Stella-Jones (TSE SJ) traded down 0.30% on Thursday, hitting $49.34. 92,743 shares of the stock traded hands. The company’s 50 day moving average price is $48.21 and its 200-day moving average price is $44.86. Stella-Jones has a 52-week low of $37.17 and a 52-week high of $49.57. The stock has a market cap of $3.42 billion and a price-to-earnings ratio of 24.67.
In other news, Director Glen Ritchie sold 1,000 shares of the stock in a transaction on Friday, September 22nd. The shares were sold at an average price of C$48.70, for a total value of C$48,700.00.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 22nd. Stockholders of record on Friday, September 1st were paid a $0.11 dividend. The ex-dividend date was Wednesday, August 30th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.89%.
Stella-Jones Company Profile
Stella-Jones Inc is a Canada-based company, which is a producer and marketer of pressure treated wood products. The Company supplies North America’s railroad operators with railway ties and timbers, and the continent’s electrical utilities and telecommunication companies with utility poles. It manufactures and distributes residential lumber and accessories to retailers for outdoor applications, as well as industrial products, which include marine and foundation pilings, construction timbers, wood for bridges and coal tar-based products.
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