WSP Global Inc. to Post Q2 2024 Earnings of $1.92 Per Share, Atb Cap Markets Forecasts (TSE:WSP)

WSP Global Inc. (TSE:WSP) – Research analysts at Atb Cap Markets lifted their Q2 2024 EPS estimates for shares of WSP Global in a research note issued on Wednesday, May 1st. Atb Cap Markets analyst C. Murray now expects that the company will post earnings of $1.92 per share for the quarter, up from their prior estimate of $1.81. The consensus estimate for WSP Global’s current full-year earnings is $7.81 per share. Atb Cap Markets also issued estimates for WSP Global’s Q3 2024 earnings at $2.33 EPS, Q4 2024 earnings at $2.39 EPS, FY2024 earnings at $8.11 EPS, Q1 2025 earnings at $1.71 EPS, Q2 2025 earnings at $2.12 EPS, Q3 2025 earnings at $2.55 EPS, Q4 2025 earnings at $2.61 EPS and FY2025 earnings at $8.96 EPS.

Several other equities research analysts have also recently issued reports on the stock. Scotiabank lifted their price objective on shares of WSP Global from C$233.00 to C$239.00 and gave the company an “outperform” rating in a research report on Friday, March 1st. CIBC lifted their price target on shares of WSP Global from C$234.00 to C$239.00 and gave the company an “outperform” rating in a report on Friday, March 1st. ATB Capital increased their price objective on shares of WSP Global from C$210.00 to C$220.00 and gave the company a “sector perform” rating in a report on Friday, March 1st. National Bankshares lifted their target price on WSP Global from C$212.00 to C$234.00 and gave the stock an “outperform” rating in a report on Friday, March 1st. Finally, Raymond James raised WSP Global from an “outperform” rating to a “strong-buy” rating and increased their price target for the company from C$215.00 to C$245.00 in a research note on Friday, January 26th. 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 company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$236.92.

WSP Global Stock Up 0.1 %

TSE WSP opened at C$214.27 on Friday. WSP Global has a 12 month low of C$166.75 and a 12 month high of C$230.98. The company has a current ratio of 1.15, a quick ratio of 1.04 and a debt-to-equity ratio of 67.33. The stock has a market cap of C$26.72 billion, a PE ratio of 48.59, a P/E/G ratio of 1.09 and a beta of 0.81. The stock’s 50 day moving average is C$217.87 and its 200 day moving average is C$199.90.

WSP Global (TSE:WSP) last announced its quarterly earnings data on Wednesday, February 28th. The company reported C$1.99 EPS for the quarter, beating the consensus estimate of C$1.91 by C$0.08. WSP Global had a return on equity of 8.96% and a net margin of 3.81%. The business had revenue of C$3.72 billion for the quarter, compared to the consensus estimate of C$2.81 billion.

WSP Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Sunday, March 31st were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 0.70%. The ex-dividend date was Wednesday, March 27th. WSP Global’s payout ratio is 34.01%.

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.