Wajax (WJX) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: C$23.86 to C$24.18
• 50-Day Range: C$21.90 to C$24.47
• 52-Week Range: C$15.55 to C$26.20
• Volume: 11,952 shs
• Average Volume: 54,274 shs
• Market Capitalization: C$522.34 million
• P/E Ratio: 14.74
• Dividend Yield: 5.83%
• Price Target: C$23.38
• Consensus Rating: Hold

Wajax Stock Analysis - MarketRank™

Wajax scored higher than 28% 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: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Wajax has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Wajax is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Wajax has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Wajax is 14.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 277.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wajax is 14.74, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 313.23.

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 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for WJX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Wajax is a leading dividend payer. It pays a dividend yield of 5.82%, 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 85.89%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

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

Short Interest

There is no current short interest data available for WJX.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

Wajax has a news sentiment score of 0.93. 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 0.61 average news sentiment score of Industrials companies.

Search Interest

2 people have searched for WJX on MarketBeat in the last 30 days.

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 Insiders

Only 0.97% of the stock of Wajax is held by insiders.

Percentage Held by Institutions

Only 15.19% of the stock of Wajax is held by institutions.

WJX Stock Analysis - Frequently Asked Questions

How have WJX shares performed this year?

Wajax's stock was trading at C$20.96 at the start of the year. Since then, WJX shares have increased by 14.6% and is now trading at C$24.02.

How were Wajax's earnings last quarter?

Wajax Co. (TSE:WJX) posted its quarterly earnings results on Monday, November, 4th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by $0.40. Wajax had a trailing twelve-month return on equity of 10.40% and a net margin of 2.55%.
Read the conference call transcript.

How do I buy shares of Wajax?

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.

What other stocks do shareholders of Wajax own?

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
• Today: 9/06/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Industrial Distribution
• Sub-Industry: N/A
• Current Symbol: TSE:WJX
• CIK: N/A
• Web: www.wajax.com
• Phone: +1-905-2123300
• Fax: N/A
• Employees: 3,200
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Wajax: C$23.38
• High Price Target: C$25.00
• Low Price Target: C$20.00
• Potential Upside/Downside: -2.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): C$1.63
• Trailing P/E Ratio: 14.74
• Forward P/E Ratio: 6.89
• P/E Growth: 0.5
• Net Income: C$53.19 million
• Net Margins: 2.55%
• Pretax Margin: N/A
• Return on Equity: 10.40%
• Return on Assets: 5.32%

Debt

• Debt-to-Equity Ratio: 116.61
• Current Ratio: 2.10
• Quick Ratio: 0.71

Sales & Book Value

• Annual Sales: C$2.15 billion
• Price / Sales: 0.24
• Cash Flow: C$0.10 per share
• Price / Cash Flow: 243.58
• Book Value: C$23.75 per share
• Price / Book: 1.01

Miscellaneous

• Outstanding Shares: 21,746,000
• Free Float: N/A
• Market Cap: C$522.34 million
• Optionable: Not Optionable
• Beta: 0.79