Wajax Q3 EPS Forecast Decreased by National Bank Financial

Wajax Co. (TSE:WJX) – Research analysts at National Bank Financial cut their Q3 2025 EPS 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 per share of $0.50 for the quarter, down from their prior forecast of $0.82. 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.

WJX has been the topic of several other reports. TD Securities cut their target price on Wajax from C$30.00 to C$24.00 and set a “buy” rating on the stock in a research 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. National Bankshares set a C$26.00 price objective on Wajax and gave the stock a “sector perform” rating in a research note on Friday, September 27th. Finally, BMO Capital Markets dropped their target price on Wajax from C$28.00 to C$24.00 in a research report on Wednesday, November 6th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Wajax currently has a consensus rating of “Hold” and a consensus target price of C$24.50.

Wajax Trading Up 0.6 %

Shares of Wajax stock opened at C$23.78 on Friday. Wajax has a 12-month low of C$20.44 and a 12-month high of C$34.96. The firm’s 50 day simple moving average is C$23.77 and its two-hundred day simple moving average is C$24.90. The company has a current ratio of 1.91, a quick ratio of 0.71 and a debt-to-equity ratio of 103.38. The firm has a market capitalization of C$516.74 million, a price-to-earnings ratio of 7.60, a PEG ratio of 0.50 and a beta of 1.80.

Wajax Announces Dividend

The business 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 5.89%. The ex-dividend date is Monday, December 16th. Wajax’s dividend payout ratio is currently 44.73%.

About Wajax

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.