WSP Global (OTCMKTS:WSPOF) Issues Earnings Results

WSP Global (OTCMKTS:WSPOFGet Free Report) released its earnings results on Wednesday. The company reported $2.08 EPS for the quarter, topping the consensus estimate of $1.99 by $0.09, Zacks reports. WSP Global had a return on equity of 12.01% and a net margin of 5.46%.

WSP Global Stock Up 1.4%

Shares of WSP Global stock traded up $1.74 on Wednesday, reaching $130.59. The company’s stock had a trading volume of 44,770 shares, compared to its average volume of 21,828. WSP Global has a 52 week low of $111.08 and a 52 week high of $210.29. The firm’s fifty day simple moving average is $126.59 and its two-hundred day simple moving average is $152.98. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $17.61 billion and a price-to-earnings ratio of 81.11.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on WSPOF shares. Scotiabank reaffirmed an “outperform” rating on shares of WSP Global in a research report on Monday, April 13th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of WSP Global in a research note on Wednesday, July 8th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Read Our Latest Stock Report on WSP Global

About WSP Global

(Get Free Report)

WSP Global Inc is a Canadian professional services firm specializing in engineering, design and environmental consulting. The company provides advisory, planning and project delivery services to public and private sector clients across the built and natural environment. Its expertise spans the full project lifecycle, from feasibility studies and regulatory approvals to design, construction oversight and asset management.

WSP’s service offerings cover a wide range of market sectors including transportation infrastructure, property and buildings, environment and resources, energy and mining, and water management.

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