Stella-Jones Inc. (TSE:SJ) Director Acquires C$352,500.00 in Stock

Stella-Jones Inc. (TSE:SJ) Director Rhodri Harries purchased 5,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was purchased at an average cost of C$70.50 per share, with a total value of C$352,500.00.

Rhodri Harries also recently made the following trade(s):

• On Thursday, November 14th, Rhodri Harries purchased 5,000 shares of Stella-Jones stock. The stock was purchased at an average cost of C$69.50 per share, for a total transaction of C$347,500.00.

Stella-Jones Price Performance

SJ opened at C$68.39 on Friday. 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$3.85 billion, a P/E ratio of 11.05, a PEG ratio of 2.40 and a beta of 0.64. The stock has a 50-day moving average price of C$87.37 and a 200-day moving average price of C$87.37. Stella-Jones Inc. has a 12-month low of C$67.27 and a 12-month high of C$98.00.

Stella-Jones Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Monday, December 2nd will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Monday, December 2nd. Stella-Jones’s dividend payout ratio is currently 18.09%.

Analyst Ratings Changes

SJ has been the subject of several recent analyst reports. TD Securities reduced their target price on 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. Scotiabank dropped their price target on Stella-Jones from C$95.00 to C$85.00 in a research report on Thursday, November 7th. Royal Bank of Canada decreased their price objective on shares of Stella-Jones from C$97.00 to C$81.00 in a research report on Thursday, November 7th. Finally, CIBC dropped their target price on shares of Stella-Jones from C$99.00 to C$83.00 in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Stella-Jones currently has a consensus rating of “Moderate Buy” and a consensus price target of C$88.00.

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.