Q3 2019 EPS Estimates for Stella-Jones Inc (TSE:SJ) Boosted by Analyst
Stella-Jones Inc (TSE:SJ) – Stock analysts at Desjardins upped their Q3 2019 earnings estimates for shares of Stella-Jones in a research report issued on Thursday, August 8th. Desjardins analyst B. Poirier now anticipates that the company will earn $0.79 per share for the quarter, up from their previous forecast of $0.78. Desjardins also issued estimates for Stella-Jones’ FY2021 earnings at $3.02 EPS.
SJ has been the topic of a number of other research reports. CIBC reduced their price objective on Stella-Jones from C$53.00 to C$49.00 in a research note on Friday, August 9th. Royal Bank of Canada reduced their price objective on Stella-Jones from C$52.00 to C$51.00 in a research note on Thursday, August 8th. Finally, TD Securities reduced their price objective on Stella-Jones from C$54.00 to C$48.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Stella-Jones currently has a consensus rating of “Buy” and a consensus price target of C$50.50.
Stella-Jones Company Profile
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 for outdoor applications; industrial products, including bridge timbers, foundation and marine pilings; and construction timbers.
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