Brokerages Set WSP Global Inc. (TSE:WSP) PT at C$268.27

WSP Global Inc. (TSE:WSP) has received an average recommendation of “Buy” from the twelve brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$268.27.

WSP has been the topic of a number of research analyst reports. CIBC increased their price objective on shares of WSP Global from C$264.00 to C$280.00 in a report on Friday, December 13th. BMO Capital Markets increased their price target on shares of WSP Global from C$257.00 to C$280.00 in a research note on Friday, November 8th. Stifel Nicolaus boosted their price objective on shares of WSP Global from C$260.00 to C$285.00 in a research report on Friday, October 4th. Royal Bank of Canada increased their price objective on WSP Global from C$261.00 to C$279.00 in a research report on Friday, November 8th. Finally, Scotiabank raised WSP Global to a “strong-buy” rating in a research note on Friday, October 25th.

WSP Global Stock Performance

TSE:WSP opened at C$252.96 on Thursday. The stock has a market capitalization of C$31.54 billion, a P/E ratio of 52.92, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. The company has a current ratio of 1.13, a quick ratio of 1.04 and a debt-to-equity ratio of 71.81. WSP Global has a 1 year low of C$180.73 and a 1 year high of C$259.60. The firm has a 50 day moving average of C$248.65 and a 200-day moving average of C$233.58.

WSP Global (TSE:WSP) last issued its quarterly earnings data on Wednesday, November 6th. The company reported C$2.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$2.24. The firm had revenue of C$3 billion during the quarter, compared to the consensus estimate of C$3 billion. WSP Global had a return on equity of 9.40% and a net margin of 4.03%. As a group, sell-side analysts anticipate that WSP Global will post 9.5687404 EPS for the current fiscal year.

WSP Global Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date is Tuesday, December 31st. WSP Global’s dividend payout ratio is currently 31.38%.

WSP Global Company Profile

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.