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TSE:WJX

Wajax (WJX) Stock Price, News & Analysis

Wajax logo
C$17.34 -0.40 (-2.25%)
As of 04/3/2025 04:00 PM Eastern

About Wajax Stock (TSE:WJX)

Key Stats

Today's Range
C$17.10
C$17.69
50-Day Range
C$17.30
C$22.37
52-Week Range
C$16.50
C$34.70
Volume
137,441 shs
Average Volume
67,727 shs
Market Capitalization
C$378.96 million
P/E Ratio
7.11
Dividend Yield
8.07%
Price Target
C$23.50
Consensus Rating
Hold

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.

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Wajax Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
60th Percentile Overall Score

WJX MarketRank™: 

Wajax scored higher than 60% 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 2 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 7.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.92.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Wajax is 7.11, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 20.32.

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

  • 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 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%.

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

    There is no current short interest data available for WJX.
  • News Coverage This Week

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

CEO buying at Wajax (WJX)
Now I look stupid. Real stupid...
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
TSX Closes Higher For 3rd Straight Day
See More Headlines

WJX Stock Analysis - Frequently Asked Questions

Wajax's stock was trading at C$20.96 at the start of the year. Since then, WJX shares have decreased by 17.3% and is now trading at C$17.34.
View the best growth stocks for 2025 here
.

Wajax Co. (TSE:WJX) posted its earnings results on Monday, November, 4th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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%.

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.

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
4/03/2025

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Industrial Distribution
Sub-Industry
N/A
Current Symbol
TSE:WJX
CIK
N/A
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
+35.6%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Trailing P/E Ratio
7.10
Forward P/E Ratio
4.97
P/E Growth
0.5
Net Income
C$53.19 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.09 billion
Cash Flow
C$0.07 per share
Price / Cash Flow
243.58
Book Value
C$23.75 per share
Price / Book
0.73

Miscellaneous

Free Float
N/A
Market Cap
C$378.74 million
Optionable
Not Optionable
Beta
1.80
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This page (TSE:WJX) was last updated on 4/4/2025 by MarketBeat.com Staff
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