Wajax Corporation's recent earnings report shows a slight miss in EPS estimates, raising questions about the company's growth trajectory.
On August 6, 2026, Wajax Corporation (WJX.TO) reported its second-quarter earnings for the period ending June 30, 2026. The company posted an earnings per share (EPS) of $0.82, falling short of the consensus estimate of $0.84, marking a surprise of -2.38%. This performance comes against a backdrop of mixed results in recent quarters and varying analyst sentiment regarding the company's future prospects.
Recent earnings trend
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Wajax Corporation
WJX.TO
WJX.TO
Wajax Corporation
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Market cap
$682.58M
P/E
11.2x
Div. yield
4.09%
Div. / share
$1.40
52W high
$35.00
52W low
$20.88
1W change
-3.42%
Beta
0.85
Analyst Price Targets
Based on analyst covering WJX
Wall Street analysts forecast WJX stock price to rise 9.3% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$34.25
+9.3% Upside
Current Price
C$31.34
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on WJX's historical volatility
30-Day Vol
42.4%
Annualized
90-Day Vol
39.5%
Annualized
Trend (90d)
+38.1%
Annualized drift
90d Mean
C$35.91
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$32.80 | C$28.33 โ C$37.97 |
| 60 trading days | C$34.32 | C$27.90 โ C$42.21 |
| 90 trading days | C$35.91 | C$27.87 โ C$46.28 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 3 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-02 | โ | 0.7900 | โ |
| 2026-06-30 | 2026-08-06 | 0.8200 | 0.8400 | -2.4% |
| 2026-03-31 | 2026-05-04 | 0.6500 | 0.7600 | -14.5% |
| 2025-12-31 | 2026-03-02 | 0.6900 | 0.6700 | +3.0% |
| 2025-09-30 | 2025-11-03 | 0.7300 | 0.6000 | +21.7% |
| 2025-06-30 | 2025-08-07 | 0.7500 | 0.6900 | +8.7% |
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Investor takeaway: For Canadian investors, Wajax's earnings miss could signal caution, particularly in light of its thin margin for error and recent performance trends. While the company has shown growth in the past, the recent results may challenge investor confidence.
Wajax's EPS of $0.82 misses estimates by $0.02.
The company's EPS growth estimate for the year is at 10.2%, but the recent miss could hinder its ability to reach this target, especially with a revenue consensus of $558.89 million showing only a 2.2% growth expectation.
Bull case
Wajax has a history of earnings growth, with two beats in the last four quarters. The company is also positioned in a strong industrial sector, which may benefit from ongoing infrastructure investments and economic recovery. Plus, its dividend yield of 4.09% remains attractive for income-focused investors.
Bear case
The earnings miss, along with a declining stock price (down 8.52% the day after the report), raises concerns about Wajax's ability to maintain its growth momentum. Analysts have also revised their EPS forecasts downward, reflecting a cautious outlook amid economic uncertainties.
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