Brokers Set Expectations for Stella-Jones Q4 Earnings

Stella-Jones Inc. (TSE:SJ) – Equities researchers at National Bank Financial reduced their Q4 2024 earnings per share (EPS) estimates for Stella-Jones in a note issued to investors on Wednesday, January 22nd. National Bank Financial analyst M. Sytchev now anticipates that the company will earn $0.74 per share for the quarter, down from their previous estimate of $1.01. The consensus estimate for Stella-Jones’ current full-year earnings is $6.45 per share. National Bank Financial also issued estimates for Stella-Jones’ FY2025 earnings at $5.64 EPS.

A number of other research analysts also recently weighed in on the stock. Scotiabank reduced their target price on shares of Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. CIBC raised Stella-Jones from a “neutral” rating to an “outperform” rating and increased their price objective for the company from C$83.00 to C$86.00 in a report on Wednesday, January 15th. Cibc World Mkts upgraded Stella-Jones from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 14th. TD Securities cut their price target on Stella-Jones from C$103.00 to C$88.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Finally, Royal Bank of Canada lowered their price objective on Stella-Jones from C$97.00 to C$81.00 in a research note on Thursday, November 7th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Stella-Jones currently has a consensus rating of “Moderate Buy” and a consensus target price of C$88.50.

Stella-Jones Price Performance

Shares of TSE SJ opened at C$73.51 on Monday. The company has a market capitalization of C$4.14 billion, a PE ratio of 11.88, a PEG ratio of 2.40 and a beta of 0.64. The company has a quick ratio of 1.20, a current ratio of 6.57 and a debt-to-equity ratio of 93.08. The stock’s 50 day moving average price is C$71.17 and its 200-day moving average price is C$82.92. Stella-Jones has a twelve month low of C$65.43 and a twelve month high of C$98.00.

Stella-Jones (TSE:SJ) last issued its quarterly earnings data on Wednesday, November 6th. The company reported C$1.42 earnings per share for the quarter, missing the consensus estimate of C$1.70 by C($0.28). Stella-Jones had a net margin of 10.20% and a return on equity of 20.64%. During the same period in the prior year, the firm earned $1.91 EPS.

Stella-Jones Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Monday, December 2nd were given a dividend of $0.28 per share. The ex-dividend date was Monday, December 2nd. This represents a $1.12 annualized dividend and a yield of 1.52%. Stella-Jones’s payout ratio is 18.09%.

Insider Activity

In other news, Senior Officer Richard Cuddihy acquired 500 shares of the firm’s stock in a transaction 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. Also, Director Rhodri Harries bought 5,000 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were purchased at an average price of C$70.50 per share, with a total value of C$352,500.00. Over the last three months, insiders have purchased 12,785 shares of company stock valued at $896,221. 0.14% of the stock is currently owned by insiders.

About Stella-Jones

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.