Q4 2024 EPS Estimates for WSP Global Inc. (TSE:WSP) Cut by Analyst

WSP Global Inc. (TSE:WSP) – Raymond James cut their Q4 2024 earnings estimates for shares of WSP Global in a research report issued on Monday, August 19th. Raymond James analyst F. Bastien now expects that the company will earn $2.37 per share for the quarter, down from their prior forecast of $2.38. Raymond James has a “Strong-Buy” rating and a $270.00 price target on the stock. The consensus estimate for WSP Global’s current full-year earnings is $8.01 per share. Raymond James also issued estimates for WSP Global’s Q3 2025 earnings at $2.94 EPS and FY2025 earnings at $9.80 EPS.

Other analysts have also recently issued reports about the company. BMO Capital Markets boosted their price target on WSP Global from C$252.00 to C$257.00 and gave the stock an “outperform” rating in a report on Tuesday. TD Securities upped their price target on shares of WSP Global from C$273.00 to C$279.00 and gave the company a “buy” rating in a research report on Tuesday. Scotiabank raised their price target on shares of WSP Global from C$239.00 to C$241.00 in a research note on Friday, May 10th. ATB Capital boosted their price objective on shares of WSP Global from C$235.00 to C$250.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Finally, CIBC raised their target price on WSP Global from C$245.00 to C$264.00 and gave the stock an “outperform” rating in a research report on Tuesday. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, WSP Global currently has an average rating of “Buy” and a consensus target price of C$254.50.

WSP Global Price Performance

Shares of WSP opened at C$226.40 on Wednesday. The company has a quick ratio of 1.04, a current ratio of 1.13 and a debt-to-equity ratio of 71.81. The stock has a market cap of C$28.23 billion, a PE ratio of 47.46, a PEG ratio of 1.09 and a beta of 0.82. WSP Global has a 12-month low of C$174.39 and a 12-month high of C$230.98. The business has a 50-day simple moving average of C$217.74 and a two-hundred day simple moving average of C$214.90.

WSP Global (TSE:WSP) last announced its quarterly earnings results on Tuesday, July 30th. The company reported C$1.89 EPS for the quarter, missing analysts’ consensus estimates of C$1.90 by C($0.01). WSP Global had a net margin of 4.03% and a return on equity of 9.40%. The firm had revenue of C$2.99 billion during the quarter, compared to the consensus estimate of C$2.93 billion.

WSP Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date of this dividend is Friday, September 27th. WSP Global’s dividend payout ratio is 31.45%.

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.