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CIBC reaffirms Stella-Jones at outperformer and raises target by C$1 to C$86, but lowers estimates for wood products companies heading into Q1 earnings season on weaker-than-expected benchmark prices, lower volume/higher cost assumptions
Published:
April 16, 2024
by Canada StockWatch
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Stella-Jones's Q1 and annual conference call to be held as hybrid meeting on May 8
Published:
April 10, 2024
by Globe Newswire
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CIBC maintains Stella-Jones' neutral rating and lowers target by C$1 to C$85 on modestly less favorable balance sheet/capex assumptions; pole margins may moderate with industry capacity adds, but likely to remain elevated for several years
Published:
March 05, 2024
by CIBC World Markets Inc.
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Desjardins reaffirms Stella-Jones at outperform and lowers target by C$2 to C$92 amid softening US utility pole purchases; slowdown in pole purchases should be temporary, but analyst has shifted some of the pole revenue forecast to 2025 from 2024
Published:
March 05, 2024
by Canada StockWatch
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Stella-Jones reports Q4 and 2023 annual results; Q4 net income totals C$56M on sales up 3% year-over-year to C$688M, while annual net income totals C$326M, with sales up 8% to C$3.32B
Published:
February 29, 2024
by Stella-Jones Inc.
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