Wajax (WJX) Scheduled to Post Earnings on Thursday

Wajax (TSE:WJX) is scheduled to be releasing its earnings data after the market closes on Thursday, August 8th.

Wajax (TSE:WJX) last announced its quarterly earnings data on Wednesday, May 1st. The company reported C$0.58 earnings per share (EPS) for the quarter. The business had revenue of C$482.30 million for the quarter. Wajax had a net margin of 3.69% and a return on equity of 16.32%.

Wajax Stock Performance

Shares of TSE:WJX opened at C$26.60 on Thursday. The company’s 50 day simple moving average is C$25.94 and its 200 day simple moving average is C$29.68. The stock has a market capitalization of C$577.22 million, a price-to-earnings ratio of 7.58, a price-to-earnings-growth ratio of 0.50 and a beta of 1.88. The company has a debt-to-equity ratio of 107.15, a current ratio of 1.91 and a quick ratio of 0.71. Wajax has a 1 year low of C$24.85 and a 1 year high of C$34.96.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. TD Securities decreased their price objective on shares of Wajax from C$37.00 to C$34.00 and set a “buy” rating on the stock in a research note on Monday, May 6th. Scotiabank cut their target price on shares of Wajax from C$37.00 to C$35.00 and set an “outperform” rating on the stock in a research report on Friday, May 3rd. Finally, BMO Capital Markets cut their target price on shares of Wajax from C$32.00 to C$30.00 in a research report on Wednesday, July 24th.

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.