FY2024 EPS Estimates for Stella-Jones Reduced by Analyst

Stella-Jones Inc. (TSE:SJ) – National Bank Financial dropped their FY2024 earnings estimates for Stella-Jones in a report released on Tuesday, December 3rd. National Bank Financial analyst M. Sytchev now expects that the company will earn $5.74 per share for the year, down from their previous estimate of $5.75. The consensus estimate for Stella-Jones’ current full-year earnings is $6.45 per share. National Bank Financial also issued estimates for Stella-Jones’ Q4 2024 earnings at $1.01 EPS, Q1 2025 earnings at $1.28 EPS, Q2 2025 earnings at $1.80 EPS, Q3 2025 earnings at $1.49 EPS, Q4 2025 earnings at $1.05 EPS, FY2025 earnings at $5.62 EPS and FY2026 earnings at $5.98 EPS.

A number of other equities analysts have also recently commented on the stock. Scotiabank dropped their price objective on shares of Stella-Jones from C$95.00 to C$85.00 in a research note on Thursday, November 7th. Royal Bank of Canada lowered their target price on shares of Stella-Jones from C$97.00 to C$81.00 in a report on Thursday, November 7th. TD Securities lowered 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 report on Thursday, November 7th. Finally, CIBC lowered their target price on shares of Stella-Jones from C$99.00 to C$83.00 in a report on Thursday, November 7th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Stella-Jones presently has an average rating of “Moderate Buy” and an average target price of C$88.00.

Stella-Jones Stock Down 0.4 %

SJ opened at C$73.70 on Thursday. 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 has a 1-year low of C$67.13 and a 1-year high of C$98.00. The company has a market capitalization of C$4.15 billion, a PE ratio of 11.95, a PEG ratio of 2.40 and a beta of 0.64. The firm’s 50 day simple moving average is C$81.75 and its two-hundred day simple moving average is C$86.69.

Stella-Jones Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Monday, December 2nd will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Monday, December 2nd. Stella-Jones’s dividend payout ratio (DPR) is presently 18.09%.

Insider Buying and Selling

In other Stella-Jones news, Director Rhodri Harries bought 5,000 shares of Stella-Jones stock in a transaction dated Thursday, November 14th. The stock was bought at an average cost of C$69.50 per share, for a total transaction of C$347,500.00. Also, Senior Officer Richard Cuddihy acquired 500 shares of Stella-Jones stock in a transaction that occurred on Wednesday, November 13th. The shares were purchased at an average price of C$70.85 per share, for a total transaction of C$35,424.00. In the last ninety days, insiders have purchased 10,750 shares of company stock valued at $753,042. Corporate insiders own 0.14% of the company’s stock.

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.