WSP Global (TSE:WSP) Announces Earnings Results

WSP Global (TSE:WSP – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported C$2.88 EPS for the quarter, FiscalAI reports. The company had revenue of C$5.40 billion during the quarter. WSP Global had a net margin of 5.23% and a return on equity of 10.39%.

WSP Global Stock Performance

WSP stock opened at C$181.12 on Thursday. The firm has a 50 day simple moving average of C$177.71 and a 200 day simple moving average of C$210.75. WSP Global has a 52 week low of C$156.64 and a 52 week high of C$291.46. The stock has a market cap of C$24.42 billion, a P/E ratio of 24.71, a P/E/G ratio of 1.09 and a beta of 0.19. The company has a debt-to-equity ratio of 87.04, a quick ratio of 1.04 and a current ratio of 1.19.

Get WSP Global alerts:

WSP Global Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 15th were issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, June 30th. WSP Global’s dividend payout ratio (DPR) is currently 20.46%.

Analyst Upgrades and Downgrades

WSP has been the subject of several research analyst reports. Scotiabank reduced their price target on shares of WSP Global from C$286.00 to C$281.00 and set a “sector outperform” rating for the company in a research report on Friday, July 10th. Canadian Imperial Bank of Commerce lowered their price objective on shares of WSP Global from C$318.00 to C$266.00 and set an “outperformer” rating on the stock in a research report on Wednesday, July 8th. Canaccord Genuity Group cut their target price on shares of WSP Global from C$345.00 to C$315.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Stifel Nicolaus reduced their target price on WSP Global from C$320.00 to C$280.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Finally, TD decreased their target price on WSP Global from C$307.00 to C$255.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$296.17.

Check Out Our Latest Analysis on WSP

Insiders Place Their Bets

In related news, Director Pascale Sourisse acquired 364 shares of the company’s stock in a transaction on Wednesday, June 24th. The shares were purchased at an average price of C$172.02 per share, for a total transaction of C$62,615.28. Following the purchase, the director owned 888 shares in the company, valued at C$152,753.76. This represents a 69.47% increase in their ownership of the stock. Corporate insiders own 0.06% of the company’s stock.

About WSP Global

(Get Free Report)

WSP Global Inc provides engineering and design services to clients in the Transportation & Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).

Featured Stories

• Five stocks we like better than WSP Global
• Bed Bath & Beyond Renovates: The Neighborhood Blueprint
• These Outperforming Giants Are Boosting Dividends in 2026, With Yields of Up to 6.6%
• Why Analysts Are Bullish on a Stock That’s Down 20%
• SpaceX: Love the Company, But the Stock Is a Harder Call

Receive News & Ratings for WSP Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WSP Global and related companies with MarketBeat.com's FREE daily email newsletter.