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Wajax Corporation (TSE:WJX)
TSX:WJX
Wajax Corporation (WJX) Stock Price & Analysis
57 Followers
WJX Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$21.16 - C$34.70
Previous CloseC$26.26
Volume39.11K
Average Volume (3M)40.79K
Market Cap
C$565.84M
Enterprise ValueC$1.07B
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$500.87M
Price to Earnings (P/E)7.2
Beta1.27
Next Earnings
Aug 09, 2024EPS Estimate
C$1.04Next Dividend Ex-Date
Jun 14, 2024Dividend Yield5.12%
Share Statistics
EPS (TTM)3.63
Shares Outstanding21,669,546
10 Day Avg. Volume66,122
30 Day Avg. Volume40,790
Standard Deviation0.12
R-Squared0.47
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.89
Price to Sales (P/S)0.27
Price to Cash Flow (P/CF)3.00
P/FCF Ratio2.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$33.67Price Target Upside28.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Wajax Corporation News
PremiumCompany Announcements
Wajax Corporation Welcomes New Directors
PremiumCompany Announcements
Wajax Faces Revenue Dip, Eyes Growth with New Program
PremiumCompany Announcements
Wajax Corporation Celebrates Record Financial Year
Bulls Say, Bears Say
Bulls Say
Demand And Revenue GrowthThe demand outlook is generally positive and the backlog provides good visibility into revenue growth.
ProfitabilityGross margin improved significantly, indicating higher profitability across all lines of business.
Profitability And Business MixGross margin improved significantly due to higher margins across all lines of business and positive mix.
Bears Say
Cost ManagementOperating leverage may be challenging due to moderating mark-ups on new equipment sales and upward pressure on SG&A costs.
Financial PerformanceSG&A costs increased significantly without corresponding sales growth, impacting the operating margin potential.
Sales OutlookBacklog declined due to lower order intake of construction and forestry equipment.
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Options Prices
Currently, No data available
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Ownership Overview
4.07% Insiders
2.01% Mutual Funds
0.57% Other Institutional Investors
93.35% Public Companies and
Individual Investors
WJX FAQ
What was Wajax Corporation’s price range in the past 12 months?
Wajax Corporation lowest stock price was C$21.16 and its highest was C$34.70 in the past 12 months.
What is Wajax Corporation’s market cap?
Currently, no data Available
When is Wajax Corporation’s upcoming earnings report date?
Wajax Corporation’s upcoming earnings report date is Aug 09, 2024 which is in 83 days.
How were Wajax Corporation’s earnings last quarter?
Wajax Corporation released its earnings results on May 01, 2024. The company reported C$0.58 earnings per share for the quarter, missing the consensus estimate of C$0.783 by -C$0.203.
Is Wajax Corporation overvalued?
According to Wall Street analysts Wajax Corporation’s price is currently Undervalued.
Does Wajax Corporation pay dividends?
Wajax Corporation pays a Quarterly dividend of C$0.35 which represents an annual dividend yield of 5.12%. See more information on Wajax Corporation dividends here
What is Wajax Corporation’s EPS estimate?
Wajax Corporation’s EPS estimate is C$1.04.
How many shares outstanding does Wajax Corporation have?
Wajax Corporation has 21,669,546 shares outstanding.
What happened to Wajax Corporation’s price movement after its last earnings report?
Wajax Corporation reported an EPS of C$0.58 in its last earnings report, missing expectations of C$0.783. Following the earnings report the stock price went down -16.874%.
Which hedge fund is a major shareholder of Wajax Corporation?
Currently, no hedge funds are holding shares in TSE:WJX
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Wajax Corporation Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$33.67 (28.95% Upside)
C$33.67 (28.95% Upside)
Insider Transactions
Bought Shares
Worth C$672.1K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.87%
12-Months-Change
Fundamentals
Return on Equity
16.32%
Trailing 12-Months
Asset Growth
14.40%
Trailing 12-Months
Company Description
Wajax Corporation
Wajax Corp is a Canadian distributor of industrial components. Its 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. Wajax Corp sells to leading manufacturer brands such as Hitachi, JCB, Bell, Hyster, Palfinger and other similar industries.
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WJX Stock 12 Month Forecast
Average Price Target
C$33.67
▲(28.95% Upside)
Technical Analysis
Best Analysts Covering WJX
1 Year
1 Year Success Rate
12/27 ratings generated profit
1 Year Average Return
+6.68%
reiterated a buy rating 15 days ago
Copying Michael Doumet's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of +6.68% per trade.
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