Scotiabank Estimates WSP Global's FY2026 Earnings (TSE:WSP)

Key Points

• Scotiabank lowered its FY2026 EPS forecast for WSP Global to C$11.19 from C$11.32 and projected FY2027 EPS of C$13.01.
• WSP reported quarterly EPS of C$3.20 on revenue of C$5.29 billion. Its net margin was 4.88%, and return on equity was 9.55%.
• Analysts maintain a consensus Buy rating and C$289.62 target price. Shares opened at C$184.33, while director Pascale Sourisse purchased 300 shares for about C$55,398.

WSP Global Inc. (TSE:WSP - Free Report) - Investment analysts at Scotiabank reduced their FY2026 earnings per share estimates for shares of WSP Global in a report released on Wednesday, November 11th. Scotiabank analyst J. Goldman now expects that the company will post earnings per share of $11.19 for the year, down from their prior estimate of $11.32. The consensus estimate for WSP Global's current full-year earnings is $9.57 per share. Scotiabank also issued estimates for WSP Global's FY2027 earnings at $13.01 EPS.

WSP Global (TSE:WSP - Get Free Report) last posted its earnings results on Wednesday, November 4th. The company reported C$3.20 earnings per share (EPS) for the quarter. WSP Global had a net margin of 4.88% and a return on equity of 9.55%. The business had revenue of C$5.29 billion for the quarter.

Several other research analysts have also recently issued reports on the company. BMO Capital Markets dropped their target price on WSP Global from C$280.00 to C$275.00 and set an "outperform" rating on the stock in a research report on Wednesday, September 30th. TD lowered their price objective on shares of WSP Global from C$307.00 to C$255.00 and set a "buy" rating on the stock in a research note on Tuesday, July 28th. National Bank Financial dropped their price objective on shares of WSP Global from C$219.00 to C$216.00 and set an "outperform" rating on the stock in a report on Wednesday, September 30th. Scotia cut their target price on shares of WSP Global from C$281.00 to C$279.00 and set a "sector outperform" rating for the company in a research report on Monday, August 10th. Finally, Stifel Nicolaus reduced their target price on shares of WSP Global from C$280.00 to C$230.00 and set a "buy" rating for the company in a report on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating and twelve have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of C$289.62.

WSP Global Price Performance

Shares of WSP opened at C$184.33 on Friday. The firm has a fifty day simple moving average of C$178.61 and a two-hundred day simple moving average of C$199.05. The firm has a market cap of C$24.85 billion, a PE ratio of 25.22, a P/E/G ratio of 1.09 and a beta of 0.37. The company has a current ratio of 1.10, a quick ratio of 1.04 and a debt-to-equity ratio of 79.06. WSP Global has a 1-year low of C$156.64 and a 1-year high of C$275.24.

Insider Transactions at WSP Global

In other WSP Global news, Director Pascale Sourisse bought 300 shares of the firm's stock in a transaction that occurred on Monday, November 9th. The shares were bought at an average price of C$184.66 per share, with a total value of C$55,398.00. Following the purchase, the director owned 1,188 shares of the company's stock, valued at C$219,376.08. This trade represents a 33.78% increase in their ownership of the stock. Company insiders own 0.06% of the company's stock.

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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