WSP Global Inc. (TSE:WSP - Get Free Report)'s stock price hit a new 52-week high on Thursday . The company traded as high as C$284.55 and last traded at C$283.77, with a volume of 62164 shares traded. The stock had previously closed at C$280.34.
Analysts Set New Price Targets
A number of equities analysts recently commented on the company. CIBC increased their price target on WSP Global from C$295.00 to C$296.00 in a research note on Thursday, April 17th. Stifel Nicolaus dropped their price objective on shares of WSP Global from C$310.00 to C$300.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Canaccord Genuity Group increased their target price on shares of WSP Global from C$300.00 to C$305.00 in a research note on Friday, June 13th. Finally, TD Securities lifted their price target on shares of WSP Global from C$298.00 to C$307.00 and gave the stock a "buy" rating in a research note on Monday, May 12th. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of C$284.31.
Read Our Latest Report on WSP
WSP Global Stock Up 1.5%
The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. The stock has a market cap of C$36.71 billion, a P/E ratio of 54.38, a P/E/G ratio of 1.09 and a beta of 0.82. The company's 50 day moving average price is C$271.81 and its two-hundred day moving average price is C$256.11.
WSP Global Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 15th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date is Monday, June 30th. WSP Global's dividend payout ratio (DPR) is currently 28.66%.
Insider Buying and Selling at WSP Global
In other WSP Global news, Senior Officer Mark Naysmith sold 6,715 shares of WSP Global stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of C$281.34, for a total value of C$1,889,184.67. Corporate insiders own 0.06% of the company's stock.
WSP Global Company Profile
(
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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