Shares of WSP Global Inc. (TSE:WSP – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$226.00 and last traded at C$227.07, with a volume of 72806 shares changing hands. The stock had previously closed at C$225.97.
Analyst Ratings Changes
Several research firms recently issued reports on WSP. ATB Capital boosted their target price on shares of WSP Global from C$235.00 to C$250.00 and gave the company a “sector perform” rating in a research note on Tuesday, August 20th. Canaccord Genuity Group upped their price objective on shares of WSP Global from C$235.00 to C$255.00 and gave the stock a “buy” rating in a research report on Wednesday, July 31st. National Bankshares set a C$255.00 target price on WSP Global and gave the company an “outperform” rating in a research report on Monday, August 19th. CIBC upped their price target on WSP Global from C$245.00 to C$264.00 and gave the stock an “outperform” rating in a report on Tuesday, August 20th. Finally, BMO Capital Markets increased their price target on WSP Global from C$252.00 to C$257.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 20th. 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. Based on data from MarketBeat.com, WSP Global currently has an average rating of “Buy” and a consensus price target of C$254.50.
Read Our Latest Analysis on WSP Global
WSP Global Stock Performance
WSP Global (TSE:WSP – Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of C$2.99 billion for the quarter, compared to analysts’ expectations of C$2.93 billion. WSP Global had a return on equity of 9.40% and a net margin of 4.03%. Analysts anticipate that WSP Global Inc. will post 7.9753608 earnings per share for the current fiscal year.
WSP Global Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date is Friday, September 27th. WSP Global’s dividend payout ratio is currently 31.38%.
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.
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