Wajax (WJX) Stock Price, News & Analysis

Company Overview

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. It sells to leading manufacturer brands such as Hitachi, JCB, Bell, Hyster, Palfinger and other similar industries.

Key Stats

• Today's Range: C$16.40 to C$17.02
• 50-Day Range: C$16.67 to C$21.74
• 52-Week Range: C$16.40 to C$34.70
• Volume: 150,199 shs
• Average Volume: 68,977 shs
• Market Capitalization: C$364.31 million
• P/E Ratio: 6.83
• Dividend Yield: 8.40%
• Price Target: C$23.50
• Consensus Rating: Hold

Wajax Stock Analysis - MarketRank™

Wajax scored higher than 58% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

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 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Wajax is 6.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.13.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wajax is 6.83, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 19.48.

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 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for WJX.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Wajax is a leading dividend payer. It pays a dividend yield of 6.94%, 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 57.38%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for WJX.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

MarketBeat Follows

3 people have added Wajax to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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.

WJX Stock Analysis - Frequently Asked Questions

How have WJX shares performed this year?

Wajax's stock was trading at C$20.96 on January 1st, 2025. Since then, WJX shares have decreased by 20.5% and is now trading at C$16.67.
View the best growth stocks for 2025 here.

How were Wajax's earnings last quarter?

Wajax Co. (TSE:WJX) posted its quarterly earnings data on Monday, November, 4th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.83 by $0.40. Wajax had a net margin of 2.55% and a trailing twelve-month return on equity of 10.40%.

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.

What other stocks do shareholders of Wajax own?

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: 11/04/2024
• Record date for 1/7 Dividend: 12/16/2024
• Ex-Dividend for 1/7 Dividend: 12/16/2024
• Dividend Payable: 1/07/2025
• Today: 4/04/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Industrial Distribution
• Sub-Industry: N/A
• Current Symbol: TSE:WJX
• CIK: N/A
• Web: www.wajax.com
• Phone: +1-905-2123300
• Fax: N/A
• Employees: 3,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$23.50
• High Stock Price Target: C$26.00
• Low Stock Price Target: C$22.00
• Potential Upside/Downside: +41.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$2.44
• Trailing P/E Ratio: 6.83
• Forward P/E Ratio: 4.78
• P/E Growth: 0.5
• Net Income: C$53.19 million
• Net Margins: 2.55%
• Pretax Margin: N/A
• Return on Equity: 10.40%
• Return on Assets: 5.32%

Debt

• Debt-to-Equity Ratio: 116.61
• Current Ratio: 2.10
• Quick Ratio: 0.71

Sales & Book Value

• Annual Sales: C$2.09 billion
• Price / Sales: 0.17
• Cash Flow: C$0.07 per share
• Price / Cash Flow: 243.58
• Book Value: C$23.75 per share
• Price / Book: 0.70

Miscellaneous

• Outstanding Shares: 21,854,524
• Free Float: N/A
• Market Cap: C$364.31 million
• Optionable: Not Optionable
• Beta: 1.80