Wajax (WJXFF) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $14.59 to $14.59
• 50-Day Range: $14.59 to $18.89
• 52-Week Range: $14.59 to $24.67
• Volume: 1,113 shs
• Average Volume: 914 shs
• Market Capitalization: N/A
• P/E Ratio: 5.88
• Dividend Yield: 16.45%
• Price Target: N/A
• Consensus Rating: N/A

Wajax Stock Analysis - MarketRank™

Wajax scored higher than 10% 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Wajax.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Wajax is 5.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.46.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wajax is 5.88, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 372.63.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Wajax has a short interest ratio ("days to cover") of 40.9, which indicates bearish sentiment.

Change versus previous month

Short interest in Wajax has recently increased by 17.19%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Wajax is a leading dividend payer. It pays a dividend yield of 10.13%, 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 96.71%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

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

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Wajax has a short interest ratio ("days to cover") of 40.9, which indicates bearish sentiment.

Change versus previous month

Short interest in Wajax has recently increased by 17.19%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Wajax has a news sentiment score of 1.11. 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 higher news sentiment than the 0.45 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Wajax this week, compared to 0 articles on an average week.

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 Institutions

Only 32.37% of the stock of Wajax is held by institutions.

WJXFF Stock Analysis - Frequently Asked Questions

How have WJXFF shares performed this year?

Wajax's stock was trading at $23.0388 at the start of the year. Since then, WJXFF shares have decreased by 36.7% and is now trading at $14.59.
View the best growth stocks for 2024 here.

How do I buy shares of Wajax?

Shares of WJXFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Industrials
• Industry: Industrial Distribution
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:WJXFF
• CUSIP: N/A
• CIK: N/A
• Web: www.wajax.com
• Phone: (905) 212-3300
• Fax: N/A
• Employees: 3,200
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 5.88
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A