Q3 EPS Estimates for Wajax Raised by National Bank Financial

Wajax Co. (TSE:WJX - Free Report) - Stock analysts at National Bank Financial upped their Q3 2025 earnings per share estimates for shares of Wajax in a research note issued on Monday, May 5th. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings of $0.44 per share for the quarter, up from their previous estimate of $0.42. The consensus estimate for Wajax's current full-year earnings is $3.49 per share. National Bank Financial also issued estimates for Wajax's Q4 2025 earnings at $0.45 EPS and FY2025 earnings at $2.23 EPS.

Other research analysts have also issued reports about the company. BMO Capital Markets upped their price target on Wajax from C$20.00 to C$22.00 in a report on Tuesday, May 6th. Scotiabank raised their target price on Wajax from C$22.00 to C$23.50 and gave the company a "sector perform" rating in a research note on Wednesday, May 7th. National Bankshares lowered their price objective on Wajax from C$22.00 to C$20.00 and set a "sector perform" rating for the company in a research report on Wednesday, April 9th. Finally, TD Securities raised their target price on Wajax from C$21.00 to C$24.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th.

Wajax Stock Performance

Wajax stock traded up C$0.19 during trading hours on Thursday, reaching C$22.80. 95,875 shares of the company were exchanged, compared to its average volume of 70,907. The firm has a market cap of C$498.28 million, a price-to-earnings ratio of 9.34, a PEG ratio of 0.50 and a beta of 1.80. The company has a current ratio of 2.10, a quick ratio of 0.71 and a debt-to-equity ratio of 116.61. The stock has a 50-day moving average of C$17.81 and a 200 day moving average of C$20.27. Wajax has a 12 month low of C$15.55 and a 12 month high of C$27.24.

About Wajax

Wajax Corp is a Canadian distributor of industrial components. The company's core business is the sale of parts and service support of equipment, power systems, and industrial components through a network of branches in Canada. Most of its revenue is generated from the sale of equipment which includes machinery and components used for construction purposes and its industrial components find utility in businesses like mining, forestry, and material handling for other industrial purposes.