Shares of WSP Global Inc. (TSE:WSP - Get Free Report) have been given an average rating of "Buy" by the twelve research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is C$268.27.
WSP has been the subject of a number of analyst reports. Royal Bank of Canada lifted their price target on shares of WSP Global from C$261.00 to C$279.00 in a research report on Friday, November 8th. Stifel Nicolaus upped their target price on WSP Global from C$260.00 to C$285.00 in a research report on Friday, October 4th. CIBC raised their price target on WSP Global from C$264.00 to C$280.00 in a research report on Friday, December 13th. Canaccord Genuity Group upped their price objective on shares of WSP Global from C$260.00 to C$275.00 and gave the stock a "buy" rating in a research report on Tuesday, October 15th. Finally, Scotiabank raised shares of WSP Global to a "strong-buy" rating in a report on Friday, October 25th.
Get Our Latest Stock Report on WSP
Shares of TSE WSP opened at C$254.25 on Thursday. WSP Global has a one year low of C$180.73 and a one year high of C$259.60. The company has a debt-to-equity ratio of 71.81, a current ratio of 1.13 and a quick ratio of 1.04. The firm has a market cap of C$31.70 billion, a price-to-earnings ratio of 53.19, a P/E/G ratio of 1.09 and a beta of 0.82. The stock's fifty day moving average price is C$248.14 and its two-hundred day moving average price is C$231.63.
WSP Global (TSE:WSP - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$2.24 EPS for the quarter, hitting analysts' consensus estimates of C$2.24. WSP Global had a net margin of 4.03% and a return on equity of 9.40%. The business had revenue of C$3 billion for the quarter, compared to analyst estimates of C$3 billion. On average, equities analysts forecast that WSP Global will post 9.5687404 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend is Tuesday, December 31st. WSP Global's dividend payout ratio (DPR) is 31.38%.
WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.
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