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Wajax Corporation (TSE:WJX)
TSX:WJX
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Wajax Corporation (WJX) Price & Analysis

118 Followers

WJX Stock Chart & Stats

C$32.24
-C$0.50(-2.39%)
At close: 4:00 PM EST
C$32.24
-C$0.50(-2.39%)

Bulls Say, Bears Say

Bulls Say
Strong Free Cash FlowConsistent, recovering free cash flow (TTM +9%) and near 1:1 conversion to net income provide durable internal funding. This improves flexibility to invest in branches, service capability, pay dividends and reduce debt, cushioning the business through industrial cycles.
Aftermarket & Service RevenueA large installed base and nationwide branch network drive recurring parts and service sales, which are higher-margin and less cyclical than new equipment. That structural aftermarket mix supports stable revenue and margins over multi-month horizons.
Improving Leverage And ReturnsDeclining leverage and healthy mid-teens ROE/returns (~12%) enhance financial resilience. Lower debt-to-equity versus prior periods reduces refinancing risk and amplifies ability to fund operations or withstand demand slowdowns without structural capital raises.
Bears Say
Revenue CoolingA modest decline in top-line reflects slower industrial capital spending and suggests limited near-term demand growth. Persistent revenue weakness would pressure operating leverage in a distribution model and limit opportunities to expand aftermarket penetration.
Margin CompressionLower gross and net margins versus recent peaks point to competitive or cost pressures. For a distributor, sustained margin erosion reduces cash available for reinvestment, dividends and deleveraging and increases sensitivity to volume declines.
Cash Flow VolatilityWorking-capital swings and occasional negative operating cash flow create financing and execution risk during downturns. Volatile cash cycles can force short-term borrowing or constrain investments, reducing the durability of recent cash-generation improvements.

Wajax Corporation News

WJX FAQ

What was Wajax Corporation’s price range in the past 12 months?
Wajax Corporation lowest stock price was C$21.80 and its highest was C$34.88 in the past 12 months.
    What is Wajax Corporation’s market cap?
    Wajax Corporation’s market cap is C$631.33M.
      When is Wajax Corporation’s upcoming earnings report date?
      Wajax Corporation’s upcoming earnings report date is Aug 06, 2026 which is in 55 days.
        How were Wajax Corporation’s earnings last quarter?
        Wajax Corporation released its earnings results on May 04, 2026. The company reported C$0.65 earnings per share for the quarter, missing the consensus estimate of C$0.755 by -C$0.105.
          Is Wajax Corporation overvalued?
          According to Wall Street analysts Wajax Corporation’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Wajax Corporation pay dividends?
            Wajax Corporation pays a Quarterly dividend of C$0.35 which represents an annual dividend yield of 5.09%. See more information on Wajax Corporation dividends here
              What is Wajax Corporation’s EPS estimate?
              Wajax Corporation’s EPS estimate is 0.82.
                How many shares outstanding does Wajax Corporation have?
                Wajax Corporation has 21,779,947 shares outstanding.
                  What happened to Wajax Corporation’s price movement after its last earnings report?
                  Wajax Corporation reported an EPS of C$0.65 in its last earnings report, missing expectations of C$0.755. Following the earnings report the stock price went down -13.671%.
                    Which hedge fund is a major shareholder of Wajax Corporation?
                    Currently, no hedge funds are holding shares in TSE:WJX
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Wajax Corporation

                      Wajax Corporation provides comprehensive solutions encompassing equipment sales, parts distribution, and specialized services. The company caters to a diverse range of sectors, including construction, forestry, mining, industrial/commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas. Its extensive product portfolio features heavy construction machinery such as compact excavators, dump trucks, excavators, wheel loaders, and wheeled excavators. Wajax also supplies various access equipment like aerial devices, boom lifts, cranes, digger derricks, drills, material lifts, and scissor lifts, alongside essential power train components including engines and transmissions. For the forestry industry, Wajax offers specialized machinery such as feller bunchers, felling heads, flail debarkers, forestry processors, forwarders, grinders, log loaders, skidders, track and wheel harvesters, and wood chippers. Additionally, the company distributes a vast array of industrial supplies, including bearings, bulk material handling systems, filtration, fluid handling, hydraulics, industrial electric motors, variable frequency drives, instrumentation, pneumatics, power transmissions, sealing, belting, lubricants, hydraulic hoses, and general safety and mill supplies. Wajax provides a wide selection of material handling equipment, such as combination sweeper scrubbers, container handlers, electric ride scooters, end rider trucks, forklifts, order pickers, pallet stackers and trucks, reach stackers, rider and walk-behind sweepers, side loaders, tow tractors, and utility vehicles. In the mining sector, Wajax supplies heavy-duty machinery like excavators, rigid frame trucks, rope shovels, and various underground equipment including battery-powered and drill jumbos, haul trucks and loaders, roof bolters, scaling machines, and utility trucks, alongside specialized equipment for transport, filtration, and fluid handling. The company further offers power generation solutions and a full suite of industrial storage systems, comprising cages and partitions, guarding and barriers, lockers, cabinets, workstations, rack accessories and protections, racking, shelving, and storage platforms, complemented by design, installation, and inspection services for these systems. Originally known as Wajax Income Fund, the organization adopted its current name, Wajax Corporation, in January 2011. Established in 1858, its corporate headquarters are located in Mississauga, Canada.

                      Wajax Corporation (WJX) Earnings & Revenues

                      WJX Stock 12 Month Forecast

                      Average Price Target

                      C$35.50
                      ▲(10.11% Upside)
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