Wajax Corporation's stock is on the rise, reflecting positive investor sentiment and strong fundamentals.
Wajax Corporation (WJX.TO) is experiencing a notable increase in its stock price, gaining 1.15% today. This uptick shows that the company's solid financial health and growth potential make it an attractive option for investors in the Canadian market.
Advertisement
Wajax Corporation
WJX.TO
WJX.TO
Wajax Corporation
WealthAwesomeMarket cap
$739.21M
P/E
11.5x
Div. yield
4.24%
Div. / share
$1.40
52W high
$34.89
52W low
$21.39
1W change
+13.06%
Beta
0.82
Analyst Price Targets
Based on analyst covering WJX · as of Sep 17, 2026
Wall Street analysts forecast WJX stock price to rise 3.1% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$35.00
+3.1% Upside
Current Price
C$33.94
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on WJX's historical volatility
30-Day Vol
27.4%
Annualized
90-Day Vol
32.5%
Annualized
Trend (90d)
+42.3%
Annualized drift
90d Mean
C$39.47
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$35.69 | C$32.48 – C$39.23 |
| 60 trading days | C$37.53 | C$32.84 – C$42.90 |
| 90 trading days | C$39.47 | C$33.52 – C$46.48 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Investor takeaway: With a P/E ratio of 11.54 and a dividend yield of 4.24%, Wajax Corporation presents a compelling investment opportunity for those looking for value in the industrial sector.
Wajax Corporation's Market Cap Reaches CA$739 Million
With a market cap of CA$739 million, Wajax Corporation is a significant player in the industrial sector, attracting attention from both institutional and retail investors.
Bull case
Wajax has a strong balance sheet and generates consistent cash flow, positioning it well for future growth. The company has a solid backlog of contracts, which suggests stable revenue ahead.
Bear case
Despite today's gains, investors should be cautious about market volatility and potential economic challenges that could affect Wajax's performance in the future.
Advertisement
Financial Performance
Wajax Corporation's recent financial results highlight strong operational performance, with a profit margin of 3.19% and healthy cash flow. The company generated $36.2 million in cash from operations in the second quarter of 2026, showcasing its operational efficiency. These metrics likely encourage investors and contribute to the stock's positive movement today.
Market Position and Growth Potential
Wajax Corporation's solid backlog of $546.6 million indicates a strong pipeline of future work, positioning the company well for sustained growth. As the industrial sector continues to rebound, Wajax stands to benefit from increased demand for its services and products. This optimistic outlook likely contributes to the stock's rise in today's session.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
