WSP Global Inc. (TSE:WSP – Free Report) – Analysts at Desjardins lowered their Q3 2024 earnings estimates for WSP Global in a note issued to investors on Wednesday, July 31st. Desjardins analyst B. Poirier now forecasts that the company will earn $2.24 per share for the quarter, down from their prior forecast of $2.26. Desjardins has a “Buy” rating and a $249.00 price target on the stock. The consensus estimate for WSP Global’s current full-year earnings is $8.10 per share. Desjardins also issued estimates for WSP Global’s Q4 2024 earnings at $2.25 EPS and FY2024 earnings at $7.92 EPS.
WSP Global (TSE:WSP – Get Free Report) last released its quarterly earnings data on Wednesday, May 8th. The company reported C$1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.48 by C$0.07. The firm had revenue of C$2.79 billion for the quarter, compared to the consensus estimate of C$2.76 billion. WSP Global had a net margin of 3.88% and a return on equity of 9.05%.
View Our Latest Stock Analysis on WSP Global
WSP Global Stock Performance
Shares of TSE:WSP opened at C$214.24 on Monday. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 70.90. The company has a market capitalization of C$26.71 billion, a price-to-earnings ratio of 47.50, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. The firm has a 50 day moving average of C$214.57 and a 200 day moving average of C$213.07. WSP Global has a 52 week low of C$174.39 and a 52 week high of C$230.98.
WSP Global Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 0.70%. The ex-dividend date is Friday, September 27th. WSP Global’s dividend payout ratio is currently 33.26%.
Insider Buying and Selling at WSP Global
In other WSP Global news, insider Caisse de dépôt et placement du Québec sold 2,884,630 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of C$206.30, for a total value of C$595,099,169.00. Company insiders own 0.07% of the company’s stock.
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.
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