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StellaJones Receives Positive Analyst Coverage and Price Target Increase

Elaine Mendonça by Elaine Mendonça
May 26, 2023
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Stella-Jones (OTC:STLJF), a Canadian company that specializes in pressure-treated wood products like railway ties, utility poles, and residential lumber, has been receiving coverage from various analysts, including RBC Capital Markets and Desjardins Securities. Among the analysts, RBC Capital’s Walter Spracklin has maintained an Outperform rating for the company and has recently raised the price target from C$67 to C$69 as of May 26, 2023.

In the last three months, five Wall Street analysts have offered their 12-month price targets for Stella-Jones, resulting in an average price target of C$64.40, with a high forecast. It’s worth noting that in May 2022, Walter Spracklin lowered the price target for Stella-Jones from C$43 to C$40. However, in April 2023, he decided to raise the price target, which reflects the company’s positive growth and potential.

STLJF Stock: Analysis of Earnings and Revenue Growth in Non-Energy Minerals and Forest Products Industry

On May 26, 2023, STLJF stock opened at $43.87, a decrease from the previous day’s close of $46.27. The day’s range remained at $43.87 throughout the day, with a volume of only 115 shares traded, significantly lower than the average volume of 704 shares over the past three months. The market cap for the company stands at $2.6 billion.

STLJF’s earnings growth for the previous year was positive at 8.24%, but there is no data available for this year or the next five years. The company’s revenue growth for the past year was 7.33%. The P/E ratio is not available, but the price/sales ratio is 0.93, and the price/book ratio is 2.30.

The company falls under non-energy minerals and forest products industry. The annual revenue for the previous year was $2.4 billion, and the annual profit was $185.1 million, with a net profit margin of 7.86%.

Overall, the company’s positive earnings growth and revenue growth from the previous year indicate a stable performance.

STLJF Stock Performance Uncertain Due to Lack of Data: Investors Advised to Stay Informed

As of May 26, 2023, STLJF stock performances remain uncertain due to the lack of available data. According to CNN Money, there are no forecast data available, and the chart is unavailable, making it difficult to predict the stock’s future performance. Investors may be hesitant to invest in a company with little to no information on its earnings and sales. However, it is important to keep an eye on any updates or announcements regarding STLJF to make informed investment decisions.

Tags: STLJF
Elaine Mendonça

Elaine Mendonça

Over the last nine years, Elaine has managed investment portfolio using fundamental analysis and value investing, emphasizing long-term time horizons.

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