Wajax Corporation (WJX)

Currency in CAD
32.55
-0.26(-0.79%)
Closed·
High dividend Yield
WJX is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
32.4433.30
52 wk Range
26.0840.00
Key Statistics
Prev. Close
32.55
Open
32.8
Day's Range
32.44-33.3
52 wk Range
26.08-40
Volume
62.96K
Average Volume (3m)
78.28K
1-Year Change
19.5373%
Book Value / Share
25,95
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
39.40
Upside
+21.04%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings upwards for the upcoming period

Wajax Corporation News & Analysis

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Technical Analysis

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

Analyst Ratings

2 Buy
3 Hold
0 Sell
Ratings:
5 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 39.40
(+21.04% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Scotiabank
Hold37.00+13.67%38.00MaintainNov 04, 2026
TD Cowen
Buy41.00+25.96%36.00UpgradeNov 04, 2026
Stifel
Buy45.00+38.25%-MaintainSep 28, 2026
BMO Capital
Hold34.00+4.45%32.00MaintainAug 10, 2026
BMO Capital
Hold32.00-1.69%34.00MaintainMay 21, 2026

Wajax Corporation Earnings Call Summary for Q3/2026

  • Wajax Q3 2026 EPS of $0.59 missed estimates by 23.6%; revenue fell 1.1% YoY to CAD 477.8M, missing forecasts by 5.1%
  • Gross margin compressed 70bps to 20.1%; adjusted EBITDA dropped 13.2% to CAD 38.9M; operating cash flow turned negative at CAD -23.1M
  • Backlog rose 18.2% YoY to near-record CAD 598.6M; two large mining shovels scheduled for Q4 2026 delivery to support revenue
  • Management unveiled 2027 Strategy Roadmap focusing on sales execution, supply chain optimization, and leadership restructuring amid weakness
  • Central Canada revenue fell 12%; industrial products down 6.7%; company expects mixed conditions but strong mining demand and infrastructure opportunity
Last Updated: 2026/11/03, 22:04
Read Full Transcript

Earnings

Latest Release
Nov 02, 2026
EPS / Forecast
0,59 / 0,77
Revenue / Forecast
477,8M / 503,48M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2,80
Dividend Yield
6.08%
Industry Median 1.36%
Annualised payout
1.98
Paid quarterly
5-Years Growth
-18.94%
Growth Streak

WJX Income Statement

Compare WJX to Peers and Sector

Metrics to compare
WJX
Peers
Sector
Relationship
P/E Ratio
11.7x16.1x10.8x
PEG Ratio
0.380.250.03
Price/Book
1.3x2.2x1.4x
Price / LTM Sales
0.3x1.1x1.1x
Upside (Analyst Target)
21.0%29.6%35.8%
Fair Value Upside
Unlock7.0%11.9%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
2,74M12,60%89,30M
Other Institutional Investors
2,17M9,98%70,78M
Public Companies & Retail Investors
16,86M77,42%548,86M
Total
21,78M100,00%708,94M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Mawer Investment Management Ltd.9,77%2 128 98269 298
Dimensional Fund Advisors LP4,27%930 42130 285

FAQ

What Is the Wajax Corporation (WJX) Stock Price Today?

The Wajax Corporation stock price today is 32,55 CAD.

What Stock Exchange Does Wajax Corporation Trade On?

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

What Is the Stock Symbol for Wajax Corporation?

The stock symbol for Wajax Corporation is "WJX."

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

The Wajax Corporation dividend yield is 6,1%%.

What Is the Wajax Corporation Market Cap?

As of today, Wajax Corporation market cap is 712,34M CAD.

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

The Wajax Corporation EPS (TTM) is 2,80.

When Is the Next Wajax Corporation Earnings Date?

Wajax Corporation will release its next earnings report on Mar 09, 2027.

From a Technical Analysis Perspective, Is WJX a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Wajax Corporation Stock Split?

Wajax Corporation has split 0 times.

How Many Employees Does Wajax Corporation Have?

Wajax Corporation has 2900 employees.

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

As of Nov 08, 2026, Wajax Corporation (WJX) is trading at a price of 32,55 CAD, with a previous close of 32,55 CAD. The stock has fluctuated within a day range of 32,44 CAD to 33,30 CAD, while its 52-week range spans from 26,08 CAD to 40,00 CAD.

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

The average 12-month price target for Wajax Corporation is 39,40 CAD, with a high estimate of 45 CAD and a low estimate of 34 CAD. 2 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Neutral. The stock has an +21,04% Upside potential.
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