Brokers Offer Predictions for WSP Global FY2024 Earnings

WSP Global Inc. (TSE:WSP - Free Report) - Analysts at Scotiabank issued their FY2024 earnings estimates for shares of WSP Global in a note issued to investors on Wednesday, January 8th. Scotiabank analyst J. Goldman expects that the company will earn $8.00 per share for the year. Scotiabank has a "Strong-Buy" rating on the stock. The consensus estimate for WSP Global's current full-year earnings is $9.57 per share. Scotiabank also issued estimates for WSP Global's FY2025 earnings at $9.65 EPS.

A number of other brokerages have also issued reports on WSP. Royal Bank of Canada increased their target price on shares of WSP Global from C$261.00 to C$279.00 in a research report on Friday, November 8th. Canaccord Genuity Group increased their price objective on shares of WSP Global from C$260.00 to C$275.00 and gave the company a "buy" rating in a report on Tuesday, October 15th. CIBC boosted their target price on 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 WSP Global from C$257.00 to C$280.00 in a research note on Friday, November 8th. Finally, Stifel Nicolaus boosted their price objective on WSP Global from C$260.00 to C$285.00 in a research note on Friday, October 4th. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of C$268.27.

WSP Global Trading Down 2.0 %

TSE:WSP opened at C$240.02 on Monday. The stock has a market cap of C$29.93 billion, a price-to-earnings ratio of 50.21, a PEG ratio of 1.09 and a beta of 0.82. The company has a debt-to-equity ratio of 71.81, a quick ratio of 1.04 and a current ratio of 1.13. WSP Global has a 1 year low of C$184.68 and a 1 year high of C$259.60. The business has a fifty day moving average of C$248.34 and a 200-day moving average of C$235.91.

WSP Global (TSE:WSP - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The company reported C$2.24 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of C$2.24. The business had revenue of C$3 billion during the quarter, compared to analyst estimates of C$3 billion. WSP Global had a return on equity of 9.40% and a net margin of 4.03%.

WSP Global Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Tuesday, December 31st. WSP Global's dividend payout ratio (DPR) 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.