Wajax Q1 EPS Forecast Decreased by National Bank Financial

Wajax Co. (TSE:WJX) – Stock analysts at National Bank Financial cut their Q1 2025 earnings per share estimates for shares of Wajax in a research report issued to clients and investors on Tuesday, December 3rd. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings of $0.71 per share for the quarter, down from their prior estimate of $0.73. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Wajax’s current full-year earnings is $3.49 per share. National Bank Financial also issued estimates for Wajax’s Q2 2025 earnings at $0.93 EPS, Q4 2025 earnings at $0.52 EPS and FY2026 earnings at $2.89 EPS.

Other analysts have also issued research reports about the company. TD Securities cut their price objective on Wajax from C$30.00 to C$24.00 and set a “buy” rating for the company in a report on Wednesday, November 6th. Scotiabank cut their price objective on Wajax from C$29.00 to C$24.00 in a report on Wednesday, November 6th. BMO Capital Markets cut their price objective on Wajax from C$28.00 to C$24.00 in a report on Wednesday, November 6th. Finally, National Bankshares set a C$26.00 price objective on Wajax and gave the company a “sector perform” rating in a report on Friday, September 27th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Wajax has a consensus rating of “Hold” and an average target price of C$24.50.

Wajax Trading Up 0.4 %

Shares of WJX stock opened at C$23.63 on Thursday. The company has a debt-to-equity ratio of 103.38, a quick ratio of 0.71 and a current ratio of 1.91. The firm has a market capitalization of C$513.48 million, a PE ratio of 7.52, a price-to-earnings-growth ratio of 0.50 and a beta of 1.80. The stock has a fifty day moving average of C$23.85 and a two-hundred day moving average of C$24.92. Wajax has a 1 year low of C$20.44 and a 1 year high of C$34.96.

Wajax Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 7th. Investors of record on Monday, December 16th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 5.92%. The ex-dividend date of this dividend is Monday, December 16th. Wajax’s payout ratio is 44.73%.

Wajax Company Profile

Wajax Corporation provides equipment, parts, and services to construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. The company offers compact excavators, dump trucks, excavators, wheel loaders, and wheeled excavators; aerial devices, boom lifts, cranes, digger derricks, drills, lifts, and material and scissor lifts; marine, off and on highway engines, and transmissions; and feller bunchers, felling heads, flail debarkers, forwarders, grinders, harvesting heads, log loaders, mulchers, skidders, track and wheel harvesters, and woodchippers.