WSP Global Inc. (TSE:WSP – Get Free Report) has received an average rating of “Buy” from the thirteen research firms that are presently covering the company, Marketbeat.com reports. Twelve equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$294.15.
WSP has been the topic of a number of research analyst reports. Scotia lowered their price target on WSP Global from C$281.00 to C$279.00 and set a “sector outperform” rating on the stock in a report on Monday, August 10th. Canaccord Genuity Group lowered their price target on shares of WSP Global from C$345.00 to C$315.00 and set a “buy” rating on the stock in a report on Friday, May 8th. National Bank Financial upped their price objective on WSP Global from C$207.00 to C$219.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Desjardins cut their price objective on WSP Global from C$372.00 to C$369.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Finally, BMO Capital Markets upped their price objective on WSP Global from C$272.00 to C$280.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th.
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WSP Global Stock Performance
WSP Global stock opened at C$196.50 on Tuesday. WSP Global has a twelve month low of C$156.64 and a twelve month high of C$291.46. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 84.47. The stock’s 50 day moving average is C$178.73 and its 200 day moving average is C$206.52. The company has a market capitalization of C$26.49 billion, a P/E ratio of 28.03, a PEG ratio of 1.09 and a beta of 0.19.
WSP Global (TSE:WSP – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C$2.88 earnings per share (EPS) for the quarter. The firm had revenue of C$5.40 billion during the quarter. WSP Global had a return on equity of 9.52% and a net margin of 4.81%. On average, equities research analysts predict that WSP Global will post 9.5687404 earnings per share for the current fiscal year.
WSP Global Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 15th were issued a $0.375 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.8%. WSP Global’s payout ratio is 21.40%.
WSP Global Company Profile
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).
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