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

Key Points

• Scotiabank raised its FY2026 EPS forecast for WSP Global to C$11.45 from C$11.37 and maintained a “Sector Outperform” rating with a C$281 price target. It forecasts FY2027 EPS of C$13.06, above the current-year consensus estimate of C$9.57.
• Analyst sentiment remains positive, with WSP carrying a consensus “Buy” rating and an average price target of C$294.15, despite several firms recently cutting their targets.
• WSP reported quarterly EPS of C$2.88 on C$5.40 billion in revenue and declared a quarterly dividend of C$0.375, equivalent to an annualized C$1.50 payout and a 0.8% yield.

WSP Global Inc. (TSE:WSP - Free Report) - Analysts at Scotiabank upped their FY2026 earnings estimates for shares of WSP Global in a research note issued on Wednesday, August 19th. Scotiabank analyst J. Goldman now forecasts that the company will post earnings of $11.45 per share for the year, up from their previous forecast of $11.37. Scotiabank currently has a "Sector Outperform" rating and a $281.00 price target on the stock. 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 $13.06 EPS.

WSP has been the topic of several other reports. Canadian Imperial Bank of Commerce reduced their target price on 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. Royal Bank Of Canada upped their price objective on shares of WSP Global from C$300.00 to C$304.00 and gave the company an "outperform" rating in a report on Monday, August 10th. TD lowered their target price on shares of WSP Global from C$307.00 to C$255.00 and set a "buy" rating for the company in a research note on Tuesday, July 28th. Stifel Nicolaus dropped 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 report on Thursday, April 30th. Finally, ATB Cormark Capital Markets decreased their price target on shares of WSP Global from C$330.00 to C$325.00 and set an "outperform" rating for the company in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating and twelve have given a Buy rating to the stock. According to MarketBeat, WSP Global presently has a consensus rating of "Buy" and an average target price of C$294.15.

WSP Global Stock Performance

Shares of WSP opened at C$190.63 on Monday. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 84.47. The firm has a market cap of C$25.70 billion, a PE ratio of 27.19, a P/E/G ratio of 1.09 and a beta of 0.19. WSP Global has a 12 month low of C$156.64 and a 12 month high of C$291.46. The stock has a fifty day moving average price of C$179.47 and a 200-day moving average price of C$204.44.

WSP Global (TSE:WSP - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported C$2.88 earnings per share for the quarter. The company had revenue of C$5.40 billion during the quarter. WSP Global had a net margin of 4.81% and a return on equity of 9.52%.

Insider Buying and Selling

In other WSP Global news, Director Pascale Sourisse purchased 364 shares of the business's stock in a transaction that occurred on Wednesday, June 24th. The shares were bought at an average price of C$172.02 per share, for a total transaction of C$62,615.28. Following the acquisition, 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. 0.06% of the stock is currently owned by corporate insiders.

WSP Global Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 15th were given a $0.375 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.50 dividend on an annualized basis and a yield of 0.8%. WSP Global's dividend payout ratio is currently 21.40%.

About WSP Global

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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