WJX vs. RUS, HDI, DBM, RME, AAO, TIH, FTT, MSI, EIF, and CJT
Should you be buying Wajax stock or one of its competitors? The main competitors of Wajax include Russel Metals (RUS), Hardwoods Distribution (HDI), Doman Building Materials Group (DBM), Rocky Mountain Equipment Alberta Ltd (RME.TO) (RME), IntellaEquity (AAO), Toromont Industries (TIH), Finning International (FTT), Morneau Shepell (MSI), Exchange Income (EIF), and Cargojet (CJT). These companies are all part of the "industrials" sector.
Wajax (TSE:WJX) and Russel Metals (TSE:RUS) are both industrials companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, valuation, risk, media sentiment, dividends, community ranking, profitability and analyst recommendations.
Russel Metals has higher revenue and earnings than Wajax. Wajax is trading at a lower price-to-earnings ratio than Russel Metals, indicating that it is currently the more affordable of the two stocks.
Russel Metals received 231 more outperform votes than Wajax when rated by MarketBeat users. Likewise, 67.81% of users gave Russel Metals an outperform vote while only 50.95% of users gave Wajax an outperform vote.
Russel Metals has a net margin of 5.54% compared to Wajax's net margin of 3.69%. Wajax's return on equity of 16.32% beat Russel Metals' return on equity.
24.1% of Wajax shares are held by institutional investors. Comparatively, 27.2% of Russel Metals shares are held by institutional investors. 1.0% of Wajax shares are held by insiders. Comparatively, 0.8% of Russel Metals shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Wajax pays an annual dividend of C$1.40 per share and has a dividend yield of 5.3%. Russel Metals pays an annual dividend of C$1.68 per share and has a dividend yield of 4.6%. Wajax pays out 39.9% of its earnings in the form of a dividend. Russel Metals pays out 42.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Wajax is clearly the better dividend stock, given its higher yield and lower payout ratio.
Wajax presently has a consensus target price of C$33.67, indicating a potential upside of 27.91%. Russel Metals has a consensus target price of C$47.64, indicating a potential upside of 30.28%. Given Russel Metals' higher probable upside, analysts plainly believe Russel Metals is more favorable than Wajax.
In the previous week, Russel Metals had 5 more articles in the media than Wajax. MarketBeat recorded 5 mentions for Russel Metals and 0 mentions for Wajax. Russel Metals' average media sentiment score of 0.56 beat Wajax's score of 0.00 indicating that Russel Metals is being referred to more favorably in the news media.
Wajax has a beta of 1.88, suggesting that its stock price is 88% more volatile than the S&P 500. Comparatively, Russel Metals has a beta of 1.57, suggesting that its stock price is 57% more volatile than the S&P 500.
Summary
Russel Metals beats Wajax on 14 of the 20 factors compared between the two stocks.
Get Wajax News Delivered to You Automatically
Sign up to receive the latest news and ratings for WJX and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding WJX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Related Companies and Tools
