Equities Analysts Set Expectations for Stella-Jones Inc’s Q3 2018 Earnings (SJ)

Stella-Jones Inc (TSE:SJ) – Equities research analysts at Desjardins issued their Q3 2018 earnings estimates for Stella-Jones in a research note issued on Tuesday, August 14th. Desjardins analyst B. Poirier expects that the company will earn $0.66 per share for the quarter. Desjardins currently has a “Buy” rating on the stock. Desjardins also issued estimates for Stella-Jones’ Q4 2018 earnings at $0.45 EPS, FY2018 earnings at $2.14 EPS, FY2019 earnings at $2.54 EPS and FY2020 earnings at $2.88 EPS.

Other analysts have also issued research reports about the company. CIBC lowered their target price on Stella-Jones from C$55.00 to C$53.00 in a report on Thursday. Laurentian upped their target price on Stella-Jones from C$50.00 to C$52.00 in a report on Friday, May 4th. TD Securities upped their target price on Stella-Jones from C$53.00 to C$54.00 and gave the stock a “buy” rating in a report on Friday, May 4th. Finally, National Bank Financial upped their target price on Stella-Jones from C$53.00 to C$55.00 and gave the stock an “outperform” rating in a report on Tuesday. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of C$52.50.

Stella-Jones stock opened at C$44.12 on Thursday. Stella-Jones has a twelve month low of C$42.90 and a twelve month high of C$52.22.

About Stella-Jones

Stella-Jones Inc produces, markets, and sells pressure treated wood products in Canada and the United States. It offers railway ties and timbers for railroad operators; and utility poles for electrical utilities and telecommunication companies. The company also provides residential lumber and accessories to retailers and wholesalers for use in decks, fences, patios, and other outdoor applications; and industrial products, including bridge timbers and docks, foundation and marine pilings, highway guardrail posts, and panelized railway crossings; and construction timbers.

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Earnings History and Estimates for Stella-Jones (TSE:SJ)

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