Wajax Q2 EPS Forecast Decreased by National Bank Financial

Wajax Co. (TSE:WJX - Free Report) - Equities researchers at National Bank Financial cut their Q2 2025 earnings estimates for Wajax in a report released on Monday, May 5th. National Bank Financial analyst M. Sytchev now expects that the company will post earnings per share of $0.68 for the quarter, down from their previous forecast of $0.76. The consensus estimate for Wajax's current full-year earnings is $3.49 per share. National Bank Financial also issued estimates for Wajax's FY2026 earnings at $2.59 EPS.

WJX has been the subject of a number of other research reports. BMO Capital Markets raised their price target on shares of Wajax from C$20.00 to C$22.00 in a report on Tuesday. Scotiabank boosted their price target on Wajax from C$22.00 to C$23.50 and gave the company a "sector perform" rating in a research note on Wednesday. TD Securities lifted 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. Finally, National Bankshares cut their price target on shares of 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.

Wajax Stock Up 2.0 %

TSE WJX traded up C$0.43 during trading on Wednesday, hitting C$22.22. The company's stock had a trading volume of 60,599 shares, compared to its average volume of 70,195. Wajax has a fifty-two week low of C$15.55 and a fifty-two week high of C$27.49. The company has a market cap of C$485.61 million, a PE ratio of 9.11, a P/E/G ratio of 0.50 and a beta of 1.80. The company has a debt-to-equity ratio of 116.61, a current ratio of 2.10 and a quick ratio of 0.71. The business's 50 day simple moving average is C$17.71 and its 200-day simple moving average is C$20.32.

Wajax Company Profile

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.