Wajax Corporation (WJX)

Currency in CAD
32.45
-0.06(-0.18%)
Closed·
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Earnings results expected in 6 days
High dividend Yield
WJX is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
32.2532.75
52 wk Range
21.8034.88
Key Statistics
Prev. Close
32.51
Open
32.75
Day's Range
32.25-32.75
52 wk Range
21.8-34.88
Volume
41.66K
Average Volume (3m)
81.89K
1-Year Change
37.5%
Book Value / Share
25.06
Fair Value
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Fair Value Upside
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WJX Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
34.25
Upside
+5.55%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth

Wajax Corporation News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Sell
Moving Averages
Strong Sell

Analyst Ratings

1 Buy
3 Hold
0 Sell
Ratings:
4 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 34.25
(+5.55% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
BMO Capital
Hold32.00-1.39%34.00Maintain21/05/2026
Scotiabank
Hold38.00+17.10%34.00Maintain28/04/2026
BMO Capital
Hold34.00+4.78%30.00Maintain04/03/2026
TD Cowen
Hold34.00+4.78%28.00Maintain04/03/2026
National Bank Financial
Buy37.00+14.02%27.00Upgrade04/03/2026

Wajax Corporation Earnings Call Summary for Q1/2026

  • Wajax Q1 2026 EPS of CAD 0.65 missed forecast by 12.75%; revenue of CAD 502.1M fell short by 5.53%, triggering 12.37% stock decline
  • Equipment sales plunged 23.3% YoY amid construction/forestry sector weakness; gross margin improved 150bps to 20.6% via cost controls
  • Operating cash flow surged 82% YoY to CAD 46.8M; adjusted EBITDA declined 6.3% to CAD 40.5M as revenue dropped 9.5%
  • New CEO George McLean (started March 2026) focuses on operational efficiency, inventory optimization amid ongoing market headwinds
  • Management sees growth potential in power systems/data centers despite continued challenges in core sectors; safety concerns with 55% TRIF increase
Last Updated: 05/05/2026, 20:00
Read Full Transcript

Earnings

Latest Release
04/05/2026
EPS / Forecast
0.65 / 0.75
Revenue / Forecast
502.1M / 531.48M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.79%
Dividend Yield
4.34%
Industry Median 1.04%
Annualised payout
1.40
Paid quarterly
5-Years Growth
+6.96%
Growth Streak

Compare WJX to Peers and Sector

Metrics to compare
WJX
Peers
Sector
Relationship
P/E Ratio
11.4x18.6x12.2x
PEG Ratio
0.230.130.03
Price/Book
1.3x2.2x1.4x
Price / LTM Sales
0.3x1.1x1.2x
Upside (Analyst Target)
6.1%17.0%29.5%
Fair Value Upside
Unlock−6.4%9.7%Unlock

Wajax Corporation provides industrial products and services in Canada. The company offers compact excavators, dump trucks, excavators, and wheel loaders; combination sweeper scrubbers, container handlers, electric ride scrubbers, 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; 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; and power generation solutions. It also provides aerial devices, boom lifts, cranes, digger derricks, drills, lifts, and material and scissor lifts; feller bunchers, felling heads, flail debarkers, forwarders, grinders, harvesting heads, log loaders, mulchers, skidders, track and wheel harvesters, and woodchippers; equipment transport, filtration, fluid handling, mining excavators, rigid frame trucks, rope shovel, and underground battery powered and drill jumbos, haul trucks, loaders, roof bolters, and utility trucks; and marine, off and on highway engines, and transmissions, as well as equipment rentals. In addition, the company offers bearings, bulk material handling, electric motors and variable frequency drives, filtration, fluid handling, hydraulics, instrumentation, pneumatics, power transmissions, and PPE and safety supplies; sealing, belting, lubricants, and hydraulic hoses; equipment parts and support; and engineered repair services. It serves construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. 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 Toronto, Canada.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
3.45M15.82%111.31M
Other Institutional Investors
785.23K3.60%25.35M
Public Companies & Retail Investors
17.56M80.58%566.94M
Total
21.79M100.00%703.6M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Mawer Investment Management Ltd.9.77%2,128,98268,745
The Mawer Mutual Funds - Mawer New Canada Fund5.59%1,218,61139,349

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FAQ

What Is the Wajax Corporation (Toronto: WJX) Share Price Today?

The Wajax Corporation stock price today is 32.45 CAD.

What Stock Exchange Does Wajax Corporation (WJX) Trade On?

Wajax Corporation is listed and trades on the Toronto Stock Exchange.

What Is the Ticker (Stock Symbol) for Wajax Corporation?

The stock symbol (also called a 'ticker') for Wajax Corporation is "WJX."

Does Wajax Corporation Pay Dividends? What’s The Current WJX Dividend Yield?

Yes, WJX Pays Dividends to its Shareholders. The current Wajax Corporation dividend yield is 4.29%.

What Is the Current Wajax Corporation Market Capitalisation?

As of today, Wajax Corporation (Toronto: WJX) market cap is 708.61M CAD.

What Is Wajax Corporation's (WJX) Earnings Per Share (TTM)?

The Wajax Corporation EPS is currently 2.79 (Trailing Twelve Months).

When Is the Next Wajax Corporation Earnings Date?

Wajax Corporation's next earnings report will be released on 06/08/2026.

Is WJX a Buy or Sell From a Technical Analyst Perspective?

Based on today's Wajax Corporation moving averages and other technical indicators, the daily buy/sell signal for WJX stock is Sell.

How Many Times Has Wajax Corporation Stock Split?

Wajax Corporation has split 0 times. (See the WJX stock split history page for full effective split date and price information.)

How Many Employees Does Wajax Corporation Have?

Wajax Corporation has 2900 employees, based on their latest Companies House report.

What is the current trading status of Wajax Corporation (Toronto: WJX)?

As of 31/07/2026, Wajax Corporation (WJX) is trading at a share price of 32.45 CAD, with a previous close of 32.51 CAD. The stock has fluctuated within a day range of 32.25 CAD to 32.75 CAD, while its 52-week range spans from 21.80 CAD to 34.88 CAD.

What Is Wajax Corporation (WJX) Price Target According to Analysts?

The average 12-month price target for Wajax Corporation is 34.25 CAD, with a high estimate of 36 CAD and a low estimate of 32 CAD. 1 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Neutral. The stock has an +5.55% Upside potential.
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