National Bank Financial Predicts Weaker Earnings for Wajax

Wajax Co. (TSE:WJX) – National Bank Financial reduced their Q3 2025 earnings per share (EPS) estimates for Wajax in a report released on Tuesday, December 3rd. National Bank Financial analyst M. Sytchev now anticipates that the company will post earnings of $0.50 per share for the quarter, down from their previous forecast of $0.82. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Wajax’s current full-year earnings is $3.49 per share.

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

Wajax Trading Up 0.6 %

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

Wajax Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 7th. Stockholders of record on Monday, December 16th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.89%. The ex-dividend date of this dividend is Monday, December 16th. Wajax’s payout ratio is presently 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.