Wajax (WJXFF) Expected to Announce Earnings on Monday

Wajax (OTCMKTS:WJXFF) is expected to issue its results after the market closes on Monday, November 2nd. Analysts expect Wajax to post earnings of $0.5450 per share and revenue of $353.69 million for the quarter.

Wajax Stock Performance

Shares of OTCMKTS:WJXFF opened at $25.97 on Monday. The business has a fifty day moving average price of $23.69 and a two-hundred day moving average price of $22.79. Wajax has a 1 year low of $16.53 and a 1 year high of $27.79.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Stifel Nicolaus set a $45.00 target price on Wajax in a research note on Monday, September 28th. Scotiabank reissued a “sector perform” rating on shares of Wajax in a report on Thursday, October 15th. Two research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $45.00.

About Wajax

Wajax Corporation is a Canadian industrial products and services company that supplies equipment, parts and technical support to customers across a range of industries. Its offerings include mobile equipment, power-generation and engine systems, industrial components, and related replacement parts.

The company also provides value-added services such as equipment repair, maintenance, field service, engineering, fabrication and other technical solutions. Wajax serves customers in sectors including natural resources, construction, utilities, manufacturing, transportation and municipal infrastructure.

Founded in 1858, Wajax has grown into a nationwide industrial distribution and service organization with operations serving customers throughout Canada.