Wajax (TSE:WJX) Having a price target of $29.00 at Scotiabank

Scotiabank set a $29.00 target price Wajax (TSE:WJX – Free Report) in a research report published on Wednesday, reports BayStreet.CA. The firm currently has a sector perform rating on the stock.

A number of other equities analysts also recently commented on WJX. TD Securities cut their price target on shares of Wajax from $34.00 to $30.00 and set a buy rating on the stock in a research report on Tuesday, August 13th. BMO Capital Markets cut their price objective on Wajax from $32.00 to $30.00 in a report on Wednesday, July 24th.

Get the latest stock analysis on WJX

Wajax Stock Up 1.8%

Shares of TSE WJX opened at $24.38 on Wednesday. The stock has a market cap of $529.78 million, a P/E ratio of 7.81, a PEG ratio of 0.50 and a beta of 1.81. The company has a debt-to-equity ratio of 103.38, a current ratio of 1.91, and a quick ratio of 0.71. Wajax has a one year low of $23.15 and a one year high of $34.96. The company’s 50-day SMA is $25.59, and its 200-day SMA is $28.96.

Wajax Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Monday, September 16th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, September 16. This represents an annualized dividend of $1.40 and a yield of 5.74%. Wajax’s payout ratio is currently 44.73%.

Wajax Company Profile

(Get a free report)

Wajax Corporation provides equipment, parts and services for construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government, utilities and oil and gas. The company offers compact excavators, dumpers, excavators, wheel loaders and wheel excavators; aerial devices, jib lifts, cranes, excavators, drills, material lifts and scissor lifts; marine, on-highway and on-highway engines and transmissions; and cutters, felling heads, beepers, forwarders, grinders, harvesting heads, log loaders, mulchers, skidders, crawler and wheel harvesters and wood chippers.

See Also

Get news and reviews for Wajax Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Wajax and related companies with MarketBeat.com’s FREE daily email newsletter.