WSP Global Inc. (TSE:WSP – Get Free Report) Director Pascale Sourisse acquired 364 shares of WSP Global stock in a transaction dated Wednesday, June 24th. The shares were acquired at an average cost of C$172.02 per share, with a total value of C$62,615.28. Following the completion of the acquisition, the director directly owned 888 shares in the company, valued at C$152,753.76. This trade represents a 69.47% increase in their position.
WSP Global Price Performance
Shares of WSP Global stock opened at C$178.21 on Friday. The firm has a market cap of C$24.03 billion, a P/E ratio of 24.31, a price-to-earnings-growth ratio of 1.09 and a beta of 0.20. The firm’s 50-day simple moving average is C$198.79 and its 200-day simple moving average is C$226.05. WSP Global Inc. has a twelve month low of C$170.85 and a twelve month high of C$291.46. The company has a debt-to-equity ratio of 87.04, a quick ratio of 1.04 and a current ratio of 1.19.
WSP Global (TSE:WSP – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$2.21 earnings per share (EPS) for the quarter. The firm had revenue of C$4.55 billion during the quarter. WSP Global had a net margin of 5.23% and a return on equity of 10.39%. As a group, research analysts expect that WSP Global Inc. will post 9.5687404 EPS for the current fiscal year.
WSP Global Announces Dividend
Analyst Ratings Changes
Several equities analysts recently commented on WSP shares. Desjardins cut their target price on WSP Global from C$375.00 to C$372.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Scotiabank upped their price target on WSP Global from C$284.00 to C$286.00 and gave the company an “outperform” rating in a research report on Monday, April 13th. Royal Bank Of Canada increased their price objective on WSP Global from C$316.00 to C$325.00 in a research note on Friday, February 27th. National Bank Financial lifted their price objective on WSP Global from C$268.00 to C$272.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Finally, Stifel Nicolaus reduced their target price on shares of WSP Global from C$320.00 to C$280.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$313.42.
Read Our Latest Stock Analysis on WSP
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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