TSE:WJX

25.64
0.16 (0.62%) 1d
0

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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

The experts believe that Wajax Corp (WJX-T) is positioned to benefit from the next bull market, particularly in cyclical industries. They also highlight that the stock offers a more affordable valuation compared to others in the same sector. Overall, the consensus is that Wajax Corp has strong potential for growth in the upcoming market conditions.

Consensus
Bullish
Valuation
Undervalued
Similar
Magnit PJSC, MGNT-RT
BUY
Wajax Corp

A play on where the next bull market's going to be, and that's going to be cyclicals. A cheaper valuation within the group.

merchandising / lodging
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Wajax Corp
(A Top Pick Nov 11/21, Down 21.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WJX has triggered its stop at $22. To remain disciplined, we recommend covering the position at this time. We will look for better opportunities.
merchandising / lodging
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Wajax Corp
Stockchase Research Editor: Michael O'Reilly Founded in 1858, WJX is one of Canada's oldest diversified industrial products and service providers and is reiterated as a TOP PICK. Recently reported EPS of $0.75 easily beat consensus calls for $0.53. It trades at 11x earnings compared to peers at 14x and trades at 1.6x book value. Analysts at TD Securities just increased their share price outlook to $34. It pays a good dividend, backed by a payout ratio of under 40% of cashflow. We continue to recommend a stop loss at $22, looking to achieve $34 -- upside potential over 21%. Yield 3.58% (Analysts’ price target is $31.13)
merchandising / lodging
BUY ON WEAKNESS
Wajax Corp

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Cheap at 11x earnings. A cyclical company that has never reached over 20x multiple. They continued their dividends during the pandemic. Sales missed but EPS beat by 20%. Cash flow is good. The small size presents some risks but it is doing many things right. Unlock Premium - Try 5i Free

merchandising / lodging
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Wajax Corp
(A Top Pick Jul 22/21, Up 24.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WJX is progressing well and has achieved our $27 objective. To remain disciplined, we recommend covering half the position here and trailing up the stop (from $18) to $22 -- just above the original recommended entry level.
merchandising / lodging
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Wajax Corp
Stockchase Research Editor: Michael O'Reilly Founded in 1858, WJX is one of Canada's oldest diversified industrial products and service providers. Recently reported EPS of $0.57 easily beat consensus calls for $0.35. It trades at 11x earnings compared to peers at 34x and has a PEG of under 0.9 (demonstrating good growth) and is a just over 1.3x book value. It pays a good dividend, backed by a payout ratio of under 55% of cashflow. We would buy this with a stop loss at $18, looking to achieve $27 -- upside potential over 20%. Yield 4.53% (Analysts’ price target is $24.63)
merchandising / lodging
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Wajax Corp
Stockchase Research Editor: Michael O'Reilly WJX is an integrated distribution company that provides rentals, sales, parts and services of heavy equipment to the major industrial sectors. They will benefit from the return to normal infrastructure development during the pandemic recovery in Canada. Not a massive growth stock, but provides an excellent dividend that is backed by a payout ratio less than 65% of cash flow. It trades at just 1.2 times book value and at 13x earnings, compared to its peers at 48x. We would buy this with a stop-loss at $14, looking to achieve $25 -- 25% upside. Yield 5.09% (Analysts’ price target is $21.00)
merchandising / lodging
HOLD
Wajax Corp
Q3 earnings were really good, strong free cash flow. Had layoffs, downsizing. Still a very cheap stock at 9x. There's room for this one. Big move in last 2 weeks, so wait to add. If you have it, hold it and enjoy.
merchandising / lodging
BUY
Wajax Corp

It'll be flat this year. It's very illiquid, so likely way cheaper than it ought to be. Good balance sheet. Cheap at 8x earnings. The payout ratio is safe. You can buy and win with this.

merchandising / lodging
PAST TOP PICK
Wajax Corp

(A Top Pick Feb 17/17. Up 8%.) Sold this a while ago to reduce his holdings in the infrastructure space. He still likes the sector immensely. Chart shows a reverse head and shoulders. If this can get above $25.70, he would like to buy it again.

merchandising / lodging
BUY
Wajax Corp

They cut their dividend, but he sees this as pretty safe with a 60% payout ratio. He models 45% EPS growth. Their balance sheet has gotten much better. The cycle is just starting to come on with equipment makers, and is trading at about a 6-point discount to Finning. Trades at about 13.8X with Finning at around 19X.

merchandising / lodging
TOP PICK
Wajax Corp

They have three divisions. Industrial components, power systems and equipment. They have had a huge run up based on earnings. They report in a couple of weeks. It may be necessary to sell after that.

merchandising / lodging
SHORT
Wajax Corp

They are adamant they cannot cut the dividend. He thinks they should because the cash flow does not cover it. It is not on his list of safe dividend payers. He is short this stock.

merchandising / lodging
WATCH
Wajax Corp

This is a really volatile space. He likes TCK.B-T instead. On a short term basis it came right up to the break down level. It is at the bottom of a previous trading band. We are right at support here.

merchandising / lodging
RISKY
Wajax Corp

(Market Call Minute.) Interesting company at this price. Have been doing tremendous cost cutting. At a level right now where it is starting to look very interesting again if you are patient.

merchandising / lodging
Showing 1 to 15 of 102 entries

Wajax Corp(WJX-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Wajax Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Wajax Corp(WJX-T) Frequently Asked Questions

What is Wajax Corp stock symbol?

Wajax Corp is a Canadian stock, trading under the symbol WJX-T on the Toronto Stock Exchange (WJX-CT). It is usually referred to as TSX:WJX or WJX-T

Is Wajax Corp a buy or a sell?

In the last year, there was no coverage of Wajax Corp published on Stockchase.

Is Wajax Corp a good investment or a top pick?

Wajax Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Wajax Corp.

Why is Wajax Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Wajax Corp worth watching?

0 stock analysts on Stockchase covered Wajax Corp In the last year. It is a trending stock that is worth watching.

What is Wajax Corp stock price?

On 2024-06-21, Wajax Corp (WJX-T) stock closed at a price of $25.64.