Insider Selling: Stella-Jones Inc. (TSE:SJ) Director Sells 5,000 Shares of Stock

Stella-Jones Inc. (TSE:SJ) Director James Augustus Manzi sold 5,000 shares of the stock in a transaction on Friday, September 13th. The shares were 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 %

TSE SJ traded up C$0.92 during trading hours on Monday, hitting C$94.12. 115,158 shares of the company traded hands, compared to its average volume of 130,269. The business’s 50-day moving average is C$91.75 and its 200-day moving average is C$84.80. Stella-Jones Inc. has a twelve month low of C$61.94 and a twelve month high of C$98.00. The company has a debt-to-equity ratio of 93.08, a quick ratio of 1.20 and a current ratio of 6.57. The stock has a market capitalization of C$5.30 billion, a price-to-earnings ratio of 15.06, a P/E/G ratio of 2.40 and a beta of 0.64.

Stella-Jones (TSE:SJ) last released its quarterly earnings data on Wednesday, August 7th. The company reported C$1.94 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.96 by C($0.02). The business had revenue of C$1.05 billion during the quarter, compared to the consensus estimate of C$1.07 billion. Stella-Jones had a net margin of 10.20% and a return on equity of 20.64%. Sell-side analysts anticipate that Stella-Jones Inc. will post 6.445993 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. TD Securities raised their price objective on Stella-Jones from C$98.00 to C$103.00 and gave the company a “buy” rating in a research note on Thursday, August 8th. Royal Bank of Canada lowered Stella-Jones from an “outperform” rating to a “sector perform” rating and set a C$94.00 price objective on the stock. in a report on Monday, July 8th. CIBC lifted their price objective on Stella-Jones from C$94.00 to C$97.00 in a report on Thursday, August 8th. Finally, National Bankshares boosted their price target on Stella-Jones from C$91.00 to C$99.00 and gave the company an “outperform” rating in a research note on Tuesday, July 16th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus 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.