Stella-Jones Inc (TSE:SJ) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $43.30 and traded as high as $38.30. Stella-Jones shares last traded at $38.18, with a volume of 54,524 shares traded.
SJ has been the subject of a number of analyst reports. National Bank Financial set a C$43.50 price target on Stella-Jones and gave the stock a “sector perform” rating in a research report on Wednesday, August 21st. CIBC reduced their price target on Stella-Jones from C$53.00 to C$49.00 in a research report on Friday, August 9th. TD Securities reduced their price target on Stella-Jones from C$54.00 to C$48.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Finally, Royal Bank of Canada reduced their price target on Stella-Jones from C$52.00 to C$51.00 in a research report on Thursday, August 8th.
The company has a debt-to-equity ratio of 56.79, a current ratio of 6.21 and a quick ratio of 1.76. The business has a 50-day simple moving average of C$39.09 and a 200 day simple moving average of C$43.27. The firm has a market cap of $2.68 billion and a PE ratio of 17.94.
Stella-Jones (TSE:SJ) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.76 EPS for the quarter, missing analysts’ consensus estimates of C$0.78 by C($0.02). The business had revenue of C$661.80 million during the quarter, compared to analyst estimates of C$686.00 million. On average, equities analysts forecast that Stella-Jones Inc will post 2.68 earnings per share for the current fiscal year.
Stella-Jones Company Profile (TSE:SJ)
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 for outdoor applications; industrial products, including bridge timbers, foundation and marine pilings; and construction timbers.
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