Q2 2024 EPS Estimates for WSP Global Inc. (TSE:WSP) Increased by Analyst

WSP Global Inc. (TSE:WSP - Free Report) - Investment analysts at Atb Cap Markets raised their Q2 2024 EPS estimates for WSP Global in a research note issued on Wednesday, May 1st. Atb Cap Markets analyst C. Murray now forecasts that the company will earn $1.92 per share for the quarter, up from their previous forecast of $1.81. The consensus estimate for WSP Global's current full-year earnings is $7.81 per share. Atb Cap Markets also issued estimates for WSP Global's Q3 2024 earnings at $2.33 EPS, Q4 2024 earnings at $2.39 EPS, FY2024 earnings at $8.11 EPS, Q1 2025 earnings at $1.71 EPS, Q2 2025 earnings at $2.12 EPS, Q3 2025 earnings at $2.55 EPS, Q4 2025 earnings at $2.61 EPS and FY2025 earnings at $8.96 EPS.

Several other analysts have also recently commented on WSP. BMO Capital Markets upped their target price on shares of WSP Global from C$244.00 to C$246.00 and gave the company an "outperform" rating in a research report on Wednesday, April 24th. TD Securities upped their price objective on WSP Global from C$220.00 to C$255.00 and gave the company a "buy" rating in a research note on Monday, March 4th. Veritas Investment Research reissued a "buy" rating on shares of WSP Global in a research report on Friday, March 1st. CIBC lifted their target price on shares of WSP Global from C$234.00 to C$239.00 and gave the stock an "outperform" rating in a report on Friday, March 1st. Finally, Desjardins increased their target price on WSP Global from C$210.00 to C$243.00 and gave the stock a "buy" rating in a research note on Friday, March 1st. One analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, WSP Global has an average rating of "Buy" and a consensus price target of C$236.92.

WSP Global Trading Up 0.1 %

WSP stock traded up C$0.27 during trading on Friday, hitting C$214.27. The company had a trading volume of 168,317 shares, compared to its average volume of 161,711. The stock has a market cap of C$26.72 billion, a price-to-earnings ratio of 48.53, a PEG ratio of 1.09 and a beta of 0.81. The company has a quick ratio of 1.04, a current ratio of 1.15 and a debt-to-equity ratio of 67.33. The firm has a 50-day moving average price of C$217.83 and a 200-day moving average price of C$199.75. WSP Global has a 12 month low of C$166.75 and a 12 month high of C$230.98.

WSP Global (TSE:WSP - Get Free Report) last issued its quarterly earnings results on Wednesday, February 28th. The company reported C$1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of C$1.91 by C$0.08. WSP Global had a net margin of 3.81% and a return on equity of 8.96%. The business had revenue of C$3.72 billion for the quarter, compared to the consensus estimate of C$2.81 billion.

WSP Global Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Sunday, March 31st were issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 0.70%. The ex-dividend date was Wednesday, March 27th. WSP Global's payout ratio is presently 34.01%.

About WSP Global

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.