Stella-Jones Inc. (TSE:SJ) Director Acquires C$143,179.34 in Stock

Stella-Jones Inc. (TSE:SJ) Director Patrick Kirkham acquired 2,035 shares of the stock in a transaction on Thursday, December 19th. The shares were bought at an average price of C$70.36 per share, for a total transaction of C$143,179.34.

Stella-Jones Stock Up 0.7 %

SJ stock opened at C$70.73 on Monday. The firm has a 50-day moving average price of C$77.36 and a 200-day moving average price of C$85.71. Stella-Jones Inc. has a 12 month low of C$67.13 and a 12 month high of C$98.00. The company has a current ratio of 6.57, a quick ratio of 1.20 and a debt-to-equity ratio of 93.08. The stock has a market capitalization of C$3.99 billion, a P/E ratio of 11.43, a price-to-earnings-growth ratio of 2.40 and a beta of 0.64.

Stella-Jones Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Monday, December 2nd were paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend was Monday, December 2nd. Stella-Jones’s payout ratio is 18.09%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on SJ shares. Royal Bank of Canada decreased their price target on Stella-Jones from C$97.00 to C$81.00 in a research report on Thursday, November 7th. TD Securities dropped their target price on shares of Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. CIBC reduced their price target on shares of Stella-Jones from C$99.00 to C$83.00 in a research report on Thursday, November 7th. Finally, Scotiabank lowered their price objective on shares of Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$88.00.

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.