Analysts Set WSP Global Inc. (TSE:WSP) PT at C$313.42

Shares of WSP Global Inc. (TSE:WSP) have earned an average rating of “Buy” from the eleven brokerages that are currently covering the company, Marketbeat reports. Ten analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$313.42.

Several research firms have recently issued reports on WSP. Desjardins decreased their price target on WSP Global from C$375.00 to C$372.00 and set a “buy” rating for the company in a research note on Friday, May 8th. TD Securities decreased their price target on WSP Global from C$335.00 to C$311.00 and set a “buy” rating for the company in a research note on Tuesday, February 24th. Royal Bank Of Canada upped their price target on WSP Global from C$316.00 to C$325.00 in a research note on Friday, February 27th. Scotiabank upped their price target on WSP Global from C$284.00 to C$286.00 and gave the stock an “outperform” rating in a research note on Monday, April 13th. Finally, TD decreased their price target on WSP Global from C$308.00 to C$307.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th.

WSP Global Stock Performance

Shares of WSP stock opened at C$183.46 on Thursday. The company has a debt-to-equity ratio of 87.04, a current ratio of 1.19 and a quick ratio of 1.04. WSP Global has a fifty-two week low of C$180.81 and a fifty-two week high of C$291.46. The stock’s 50-day moving average is C$209.07 and its two-hundred day moving average is C$231.44. The firm has a market cap of C$24.73 billion, a P/E ratio of 25.03, a PEG ratio of 1.09 and a beta of 0.20.

WSP Global (TSE:WSP) last issued its earnings results on Wednesday, May 6th. The company reported C$2.21 earnings per share for the quarter. WSP Global had a return on equity of 10.39% and a net margin of 5.23%.The company had revenue of C$4.55 billion for the quarter. Analysts predict that WSP Global will post 9.5687404 earnings per share for the current fiscal year.

WSP Global Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, March 31st. WSP Global’s dividend payout ratio is 20.46%.

About WSP Global

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).