WSP Global (TSE:WSP - Free Report) had its target price reduced by Stifel Nicolaus from C$245.00 to C$235.00 in a report issued on Friday morning, BayStreet.CA reports.
WSP has been the subject of a number of other research reports. Royal Bank of Canada raised their price target on shares of WSP Global from C$212.00 to C$237.00 and gave the company an outperform rating in a report on Friday, March 1st. National Bankshares raised their price target on WSP Global from C$212.00 to C$234.00 and gave the company an outperform rating in a report on Friday, March 1st. Canaccord Genuity Group lifted their price objective on WSP Global from C$225.00 to C$235.00 and gave the stock a buy rating in a research report on Thursday, February 29th. CIBC upped their target price on shares of WSP Global from C$234.00 to C$239.00 and gave the company an outperform rating in a research report on Friday, March 1st. Finally, Veritas Investment Research reissued a buy rating on shares of WSP Global in a research note on Friday, March 1st. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of Buy and a consensus target price of C$237.08.
Read Our Latest Analysis on WSP
WSP Global Stock Performance
WSP traded up C$3.41 during trading on Friday, reaching C$219.03. 137,182 shares of the company's stock were exchanged, compared to its average volume of 162,497. WSP Global has a fifty-two week low of C$166.75 and a fifty-two week high of C$230.98. 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 business has a 50 day moving average price of C$218.18 and a 200 day moving average price of C$200.92. The company has a market capitalization of C$27.31 billion, a P/E ratio of 49.67, a PEG ratio of 1.09 and a beta of 0.81.
WSP Global (TSE:WSP - Get Free Report) last released its quarterly earnings results on Wednesday, February 28th. The company reported C$1.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$1.91 by C$0.08. WSP Global had a return on equity of 8.96% and a net margin of 3.81%. The business had revenue of C$3.72 billion during the quarter, compared to analysts' expectations of C$2.81 billion. As a group, analysts predict that WSP Global will post 7.8118923 earnings per share for the current fiscal year.
WSP Global Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date of this dividend is Friday, June 28th. WSP Global's payout ratio is presently 34.01%.
About WSP Global
(
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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.
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