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TSE:WJX

Wajax (WJX) Stock Price, News & Analysis

Wajax logo
C$21.20 +0.20 (+0.95%)
(As of 11/14/2024 ET)

About Wajax Stock (TSE:WJX)

Key Stats

Today's Range
C$21.00
C$21.22
50-Day Range
C$20.59
C$26.05
52-Week Range
C$20.44
C$34.96
Volume
31,085 shs
Average Volume
35,780 shs
Market Capitalization
C$460.68 million
P/E Ratio
6.77
Dividend Yield
6.60%
Price Target
C$24.50
Consensus Rating
Hold

Company Overview

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.

Wajax Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
54th Percentile Overall Score

WJX MarketRank™: 

Wajax scored higher than 54% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Wajax has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Wajax has only been the subject of 4 research reports in the past 90 days.

  • Read more about Wajax's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Wajax is 6.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.93.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Wajax is 6.77, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 530.72.

  • Price to Earnings Growth Ratio

    Wajax has a PEG Ratio of 0.50. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Wajax has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Wajax's valuation and earnings.
  • Short Interest

    There is no current short interest data available for WJX.
  • Dividend Leadership

    Wajax is a leading dividend payer. It pays a dividend yield of 5.47%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Wajax does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Wajax is 44.73%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Wajax's dividend.
  • Short Interest

    There is no current short interest data available for WJX.
  • News Sentiment

    Wajax has a news sentiment score of -0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.32 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Wajax this week, compared to 1 article on an average week.
  • Search Interest

    1 people have searched for WJX on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added Wajax to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Wajax insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.97% of the stock of Wajax is held by insiders.

  • Percentage Held by Institutions

    Only 24.25% of the stock of Wajax is held by institutions.

  • Read more about Wajax's insider trading history.
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WJX Stock News Headlines

Election warning coming true…
If you missed it, my emergency election broadcast is now available - watch it before it's too late.
TSX Recovers After Weak Start, Ends On Firm Note
Wajax Corporation Reports Revenue Decline Amid Market Challenges
See More Headlines

WJX Stock Analysis - Frequently Asked Questions

Wajax's stock was trading at C$30.27 at the start of the year. Since then, WJX stock has decreased by 30.0% and is now trading at C$21.20.
View the best growth stocks for 2024 here
.

Wajax Co. (TSE:WJX) released its earnings results on Thursday, May, 4th. The company reported $0.31 EPS for the quarter. The company had revenue of $318.39 million for the quarter. Wajax had a net margin of 3.32% and a trailing twelve-month return on equity of 14.06%.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Wajax investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Wheaton Precious Metals (WPM).

Company Calendar

Last Earnings
5/04/2017
Ex-Dividend for 10/2 Dividend
9/16/2024
Dividend Payable
10/02/2024
Today
11/14/2024
Ex-Dividend for 1/7 Dividend
12/16/2024
Dividend Payable
1/07/2025
Next Earnings (Estimated)
3/03/2025

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$24.50
High Stock Price Target
C$26.00
Low Stock Price Target
C$24.00
Potential Upside/Downside
+16.3%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
C$69.84 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.10 billion
Cash Flow
C$0.09 per share
Book Value
C$23.84 per share

Miscellaneous

Free Float
N/A
Market Cap
C$457.85 million
Optionable
Not Optionable
Beta
1.80
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This page (TSE:WJX) was last updated on 11/14/2024 by MarketBeat.com Staff
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