Stella-Jones Inc. (TSE:SJ) Director James Augustus Manzi Sells 5,000 Shares

Stella-Jones Inc. (TSE:SJ) Director James Augustus Manzi sold 5,000 shares of Stella-Jones stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$92.92, for a total value of C$464,583.48.

James Augustus Manzi also recently made the following trade(s):

• On Tuesday, June 18th, James Augustus Manzi sold 5,000 shares of Stella-Jones stock. The stock was sold at an average price of C$61.93, for a total value of C$309,661.50.

Stella-Jones Stock Up 1.0 %

Stella-Jones stock traded up C$0.92 during midday trading on Monday, reaching C$94.12. The stock had a trading volume of 115,158 shares, compared to its average volume of 130,269. The company has a market capitalization of C$5.30 billion, a P/E ratio of 15.06, a PEG ratio of 2.40 and a beta of 0.64. The company has a current ratio of 6.57, a quick ratio of 1.20 and a debt-to-equity ratio of 93.08. Stella-Jones Inc. has a 12 month low of C$61.94 and a 12 month high of C$98.00. The company has a fifty day moving average price of C$91.75 and a two-hundred day moving average price of C$84.80.

Stella-Jones (TSE:SJ) last released its quarterly earnings results on Wednesday, August 7th. The company reported C$1.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.96 by C($0.02). The company had revenue of C$1.05 billion for the quarter, compared to analyst estimates of C$1.07 billion. Stella-Jones had a net margin of 10.20% and a return on equity of 20.64%. As a group, equities analysts expect that Stella-Jones Inc. will post 6.445993 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on SJ shares. Royal Bank of Canada lowered Stella-Jones from an “outperform” rating to a “sector perform” rating and set a C$94.00 price objective for the company. in a research report on Monday, July 8th. TD Securities lifted their price objective on Stella-Jones from C$98.00 to C$103.00 and gave the stock a “buy” rating in a research report on Thursday, August 8th. CIBC lifted their price objective on Stella-Jones from C$94.00 to C$97.00 in a research report on Thursday, August 8th. Finally, National Bankshares lifted their price objective on Stella-Jones from C$91.00 to C$99.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 16th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$95.50.

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.