Wajax Co. (TSE:WJX - Get Free Report) declared a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Investors of record on Monday, December 16th will be paid a dividend of 0.35 per share on Tuesday, January 7th. This represents a $1.40 annualized dividend and a dividend yield of 6.71%. The ex-dividend date is Monday, December 16th.
Wajax Stock Down 2.6 %
Shares of Wajax stock traded down C$0.56 during midday trading on Friday, hitting C$20.86. The company had a trading volume of 67,661 shares, compared to its average volume of 35,661. The company has a debt-to-equity ratio of 103.38, a quick ratio of 0.71 and a current ratio of 1.91. The company has a 50 day moving average of C$24.94 and a 200 day moving average of C$26.00. Wajax has a 52-week low of C$20.44 and a 52-week high of C$34.96. The stock has a market capitalization of C$453.29 million, a P/E ratio of 6.84, a P/E/G ratio of 0.50 and a beta of 1.80.
Wajax (TSE:WJX - Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported C$1.06 EPS for the quarter. Wajax had a return on equity of 14.06% and a net margin of 3.32%. The business had revenue of C$568.30 million for the quarter. On average, equities analysts predict that Wajax will post 3.4850136 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
WJX has been the topic of a number of recent analyst reports. Scotiabank dropped their price target on shares of Wajax from C$29.00 to C$24.00 in a report on Wednesday. TD Securities cut their price objective on Wajax from C$30.00 to C$24.00 and set a "buy" rating for the company in a report on Wednesday. National Bankshares set a C$26.00 target price on Wajax and gave the company a "sector perform" rating in a report on Friday, September 27th. National Bank Financial raised shares of Wajax to a "hold" rating in a research report on Thursday, September 26th. Finally, BMO Capital Markets decreased their target price on Wajax from C$28.00 to C$24.00 in a report on Wednesday. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of C$24.50.
Get Our Latest Stock Analysis on Wajax
Wajax Company Profile
(
Get Free Report)
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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