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National Bank Financial Boosts Earnings Estimates for Wajax

Wajax logo with Industrials background

Wajax Co. (TSE:WJX - Free Report) - Equities research analysts at National Bank Financial boosted their Q2 2025 earnings per share estimates for shares of Wajax in a research note issued on Monday, July 14th. National Bank Financial analyst M. Sytchev now anticipates that the company will earn $0.74 per share for the quarter, up from their previous forecast of $0.68. The consensus estimate for Wajax's current full-year earnings is $3.49 per share. National Bank Financial also issued estimates for Wajax's Q3 2025 earnings at $0.60 EPS and FY2025 earnings at $2.57 EPS.

Several other equities analysts have also recently issued reports on WJX. BMO Capital Markets upped their price objective on Wajax from C$20.00 to C$22.00 in a research report on Tuesday, May 6th. TD Securities cut Wajax from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 27th. Scotiabank increased their price target on Wajax from C$22.00 to C$23.50 and gave the company a "sector perform" rating in a report on Wednesday, May 7th. Finally, National Bankshares lowered their price target on Wajax from C$22.00 to C$20.00 and set a "sector perform" rating on the stock in a report on Wednesday, April 9th.

View Our Latest Research Report on WJX

Wajax Stock Up 0.3%

WJX stock traded up C$0.08 during midday trading on Thursday, hitting C$23.14. The company's stock had a trading volume of 19,394 shares, compared to its average volume of 58,390. The company has a market cap of C$505.71 million, a PE ratio of 9.48, a P/E/G ratio of 0.50 and a beta of 1.80. Wajax has a 12 month low of C$15.55 and a 12 month high of C$26.93. 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 firm's 50-day moving average is C$22.96 and its 200-day moving average is C$20.45.

About Wajax

(Get Free Report)

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.

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