WSP Global Inc. (TSE:WSP) Receives Average Rating of “Buy” from Analysts

WSP Global Inc. (TSE:WSP) has been given an average rating of “Buy” by the eleven analysts that are covering the stock, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$313.42.

A number of research analysts have commented on WSP shares. BMO Capital Markets dropped their price objective on shares of WSP Global from C$334.00 to C$305.00 in a research note on Friday, May 8th. Scotiabank lifted their price objective on shares of WSP Global from C$284.00 to C$286.00 and gave the company an “outperform” rating in a research note on Monday, April 13th. Stifel Nicolaus dropped their price objective 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. Canadian Imperial Bank of Commerce lowered their target price on shares of WSP Global from C$328.00 to C$318.00 in a report on Friday, May 8th. Finally, Royal Bank Of Canada lifted their target price on shares of WSP Global from C$316.00 to C$325.00 in a report on Friday, February 27th.

WSP Global Trading Down 1.8%

TSE WSP opened at C$182.61 on Thursday. The company has a debt-to-equity ratio of 87.04, a quick ratio of 1.04 and a current ratio of 1.19. The firm has a market cap of C$24.62 billion, a PE ratio of 24.91, a P/E/G ratio of 1.09 and a beta of 0.28. WSP Global has a one year low of C$181.60 and a one year high of C$291.46. The firm’s fifty day moving average is C$212.25 and its two-hundred day moving average is C$233.64.

WSP Global (TSE:WSP) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$2.21 EPS for the quarter. The company had revenue of C$4.55 billion for the quarter. WSP Global had a net margin of 5.23% and a return on equity of 10.39%. Analysts expect that WSP Global will post 9.5687404 earnings per share for the current year.

WSP Global Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were issued a $0.375 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.50 annualized dividend and a dividend yield of 0.8%. WSP Global’s payout ratio is presently 20.46%.

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).