Wajax (TSE:WJX - Get Free Report) will announce its earnings results after the market closes on Tuesday, November 5th. Analysts expect the company to announce earnings of C$0.83 per share for the quarter.
Wajax (TSE:WJX - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported C$1.06 earnings per share (EPS) for the quarter. The firm had revenue of C$568.30 million for the quarter. Wajax had a net margin of 3.32% and a return on equity of 14.06%.
Wajax Trading Down 2.8 %
WJX traded down C$0.72 during trading on Tuesday, hitting C$24.85. The company's stock had a trading volume of 65,748 shares, compared to its average volume of 33,157. Wajax has a twelve month low of C$23.15 and a twelve month high of C$34.96. The stock has a market cap of C$539.99 million, a PE ratio of 7.94, a PEG ratio of 0.50 and a beta of 1.80. The firm's 50 day moving average price is C$25.20 and its 200-day moving average price is C$26.41. The company has a debt-to-equity ratio of 103.38, a current ratio of 1.91 and a quick ratio of 0.71.
Wajax Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Monday, September 16th were paid a $0.35 dividend. The ex-dividend date was Monday, September 16th. This represents a $1.40 annualized dividend and a yield of 5.63%. Wajax's payout ratio is currently 44.73%.
Analyst Ratings Changes
Several research firms have commented on WJX. Scotiabank set a C$29.00 price target on Wajax and gave the company a "sector perform" rating in a report on Wednesday, August 21st. BMO Capital Markets dropped their price target on shares of Wajax from C$32.00 to C$30.00 in a research report on Wednesday, July 24th. National Bank Financial raised shares of Wajax to a "hold" rating in a research note on Thursday, September 26th. TD Securities lowered their price objective on shares of Wajax from C$34.00 to C$30.00 and set a "buy" rating for the company in a research note on Tuesday, August 13th. Finally, National Bankshares set a C$26.00 target price on Wajax and gave the stock a "sector perform" rating in a research report on Friday, September 27th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of C$28.75.
View Our Latest Stock Report on Wajax
Wajax Company Profile
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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.
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