WSP Global Inc. (TSE:WSP - Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as C$284.55 and last traded at C$283.77, with a volume of 62164 shares changing hands. The stock had previously closed at C$280.34.
Analyst Ratings Changes
WSP has been the subject of a number of research analyst reports. TD Securities lifted their target price on shares of WSP Global from C$298.00 to C$307.00 and gave the stock a "buy" rating in a research report on Monday, May 12th. Canaccord Genuity Group increased their target price on shares of WSP Global from C$300.00 to C$305.00 in a report on Friday, June 13th. CIBC increased their target price on shares of WSP Global from C$295.00 to C$296.00 in a report on Thursday, April 17th. Finally, Stifel Nicolaus lowered their target price on shares of WSP Global from C$310.00 to C$300.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of C$284.31.
Check Out Our Latest Stock Analysis on WSP Global
WSP Global Price Performance
The firm has a market capitalization of C$36.33 billion, a P/E ratio of 53.81, a P/E/G ratio of 1.09 and a beta of 0.82. The stock's 50 day simple moving average is C$273.19 and its 200 day simple moving average is C$256.53. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26.
WSP Global Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.50 annualized dividend and a dividend yield of 0.53%. WSP Global's dividend payout ratio is currently 28.66%.
Insider Transactions at WSP Global
In other news, Senior Officer Mark Naysmith sold 6,715 shares of the business's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of C$281.34, for a total value of C$1,889,184.67. 0.06% of the stock is currently owned by insiders.
About WSP Global
(
Get Free Report)
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).
Further Reading
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