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TSE:WJX

Wajax (WJX) Stock Price, News & Analysis

C$26.02
-0.09 (-0.34%)
(As of 03:37 PM ET)
Today's Range
C$26.02
C$26.44
50-Day Range
C$26.11
C$34.29
52-Week Range
C$22.20
C$34.96
Volume
44,174 shs
Average Volume
35,145 shs
Market Capitalization
C$564.63 million
P/E Ratio
7.41
Dividend Yield
5.38%
Price Target
C$33.67

Wajax MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
29.4% Upside
C$33.67 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.99 out of 5 stars

WJX stock logo

About Wajax Stock (TSE:WJX)

Wajax Corporation provides equipment, parts, and services to construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. The company offers compact excavators, dump trucks, excavators, wheel loaders, and wheeled excavators; aerial devices, boom lifts, cranes, digger derricks, drills, lifts, and material and scissor lifts; marine, off and on highway engines, and transmissions; and feller bunchers, felling heads, flail debarkers, forwarders, grinders, harvesting heads, log loaders, mulchers, skidders, track and wheel harvesters, and woodchippers. It also provides bearings, bulk material handling, filtration, fluid handling, hydraulics, industrial electric motors and variable frequency drives, instrumentation, pneumatics, power transmissions, and PPE and safety supplies, as well as sealing, belting, lubricants, and hydraulic hoses; combination sweeper scrubbers, container handlers, electric ride scooters, end rider trucks, forklifts, goosenecks and ballast weights, order pickers, outdoor cleaning machines, pallet stackers and trucks, reach stackers, rider and walk behind sweepers, side loaders, utility vehicles, tow, terminal, and RoRo tractors; and equipment transport, filtration, fluid handling, mining excavators, rigid frame trucks, rope shovel, underground battery powered and drill jumbos, underground haul trucks and loaders, and underground utility trucks. In addition, the company offers power generation solutions; cages and partitions, guarding and barriers, lockers, cabinets, workstations, rack accessories and protections, racking, shelving, and storage platforms; storage system design, installation, and inspection services, as well as equipment rentals and engineered repair services. The company was formerly known as Wajax Income Fund and changed its name to Wajax Corporation in January 2011. Wajax Corporation was founded in 1858 and is headquartered in Mississauga, Canada.

WJX Stock Price History

WJX Stock News Headlines

WJX:CA Wajax Corporation
WAJAX ANNOUNCES 2024 FIRST QUARTER RESULTS
Bullish on Wajax Corp.
Aurora, Blockchaink2, Loblaw at 52-Week Highs on News
Stocks in play: Verde AgriTech Ltd
TSX Ends Higher For 4th Straight Day
When Should You Buy Wajax Corporation (TSE:WJX)?
Wajax Corp WJX
Closing Bell: Wajax Corp down on Wednesday (WJX)
Canadian Shares Losing Ground In Cautious Trade
WJX.TO - Wajax Corporation
WAJAX ACQUIRES BETA FLUID POWER AND BETA INDUSTRIAL
See More Headlines
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Company Calendar

Ex-Dividend for 4/2 Dividend
3/14/2024
Dividend Payable
4/02/2024
Last Earnings
5/01/2024
Today
5/21/2024
Ex-Dividend for 7/3 Dividend
6/14/2024
Dividend Payable
7/03/2024
Next Earnings (Estimated)
8/08/2024

Industry, Sector and Symbol

Industry
Industrial Distribution
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
3,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$33.67
High Stock Price Target
C$35.00
Low Stock Price Target
C$32.00
Potential Upside/Downside
+29.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
C$78.23 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.12 billion
Cash Flow
C$0.11 per share
Book Value
C$23.22 per share

Miscellaneous

Free Float
N/A
Market Cap
C$566.37 million
Optionable
Not Optionable
Beta
1.88
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Key Executives

  • Mr. Ignacy P. Domagalski (Age 44)
    President, CEO & Director
    Comp: $1.37M
  • Mr. Stuart H. Auld
    Chief Financial Officer
  • Mr. Andrew W. H. Tam
    General Counsel & Corporate Secretary
  • Andre Dube
    Senior VP of Sales & Operations
  • Mr. Gregory Dean Abtosway
    Vice President of Corporate Development
  • Mr. Mark Edgar
    Chief People Officer
  • Mr. Cristian Rodriguez
    Vice President of Safety, Sustainability and People
  • Brian Robert Deacon
    Senior Vice President of Category Management
  • Ms. Tania Casadinho
    VP & Corporate Controller

WJX Stock Analysis - Frequently Asked Questions

Should I buy or sell Wajax stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wajax in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WJX shares.
View WJX analyst ratings
or view top-rated stocks.

What is Wajax's stock price target for 2024?

3 analysts have issued 1-year price objectives for Wajax's stock. Their WJX share price targets range from C$32.00 to C$35.00. On average, they anticipate the company's share price to reach C$33.67 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price.
View analysts price targets for WJX
or view top-rated stocks among Wall Street analysts.

How have WJX shares performed in 2024?

Wajax's stock was trading at C$30.27 at the beginning of the year. Since then, WJX stock has decreased by 14.0% and is now trading at C$26.02.
View the best growth stocks for 2024 here
.

When is Wajax's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our WJX earnings forecast
.

How were Wajax's earnings last quarter?

Wajax Co. (TSE:WJX) posted its quarterly earnings data on Wednesday, May, 1st. The company reported $0.58 earnings per share (EPS) for the quarter. The company earned $482.30 million during the quarter. Wajax had a trailing twelve-month return on equity of 16.32% and a net margin of 3.69%.

How often does Wajax pay dividends? What is the dividend yield for Wajax?

Wajax declared a quarterly dividend on Wednesday, May 1st. Stockholders of record on Friday, June 14th will be paid a dividend of 0.35 per share on Wednesday, July 3rd. This represents a $1.40 annualized dividend and a dividend yield of 5.38%. The ex-dividend date is Friday, June 14th.
Read our dividend analysis for WJX
.

Is Wajax a good dividend stock?

Wajax (TSE:WJX) pays an annual dividend of C$1.40 per share and currently has a dividend yield of 5.36%. WJX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 39.89%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for WJX.

What other stocks do shareholders of Wajax own?
How do I buy shares of Wajax?

Shares of WJX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:WJX) was last updated on 5/21/2024 by MarketBeat.com Staff

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