Stifel Canada Predicts Increased Earnings for WSP Global

WSP Global Inc. (TSE:WSP) – Equities researchers at Stifel Canada lifted their FY2026 earnings estimates for WSP Global in a note issued to investors on Wednesday, June 11th. Stifel Canada analyst I. Gillies now anticipates that the company will earn $10.59 per share for the year, up from their previous estimate of $10.42. The consensus estimate for WSP Global’s current full-year earnings is $9.57 per share.

A number of other analysts have also weighed in on WSP. UBS Group upped their target price on shares of WSP Global from C$274.00 to C$285.00 in a research note on Wednesday, March 5th. Scotiabank lifted their price objective on WSP Global from C$281.00 to C$283.00 in a research report on Wednesday, February 19th. Stifel Nicolaus decreased their target price on WSP Global from C$310.00 to C$300.00 and set a “buy” rating for the company in a report on Thursday, April 17th. TD Securities boosted their price target on WSP Global from C$298.00 to C$307.00 and gave the stock a “buy” rating in a research report on Monday, May 12th. Finally, Canaccord Genuity Group upped their price target on WSP Global from C$300.00 to C$305.00 in a research report on Friday. One analyst has rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$284.31.

WSP Global Price Performance

Shares of TSE WSP opened at C$271.52 on Friday. WSP Global has a one year low of C$204.28 and a one year high of C$284.15. The firm has a market cap of C$35.03 billion, a PE ratio of 51.89, a PEG ratio of 1.09 and a beta of 0.82. The firm has a fifty day moving average of C$259.40 and a 200 day moving average of C$252.82. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26.

Insider Activity at WSP Global

In related news, Senior Officer Mark Naysmith sold 6,715 shares of the company’s stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of C$281.34, for a total transaction of C$1,889,184.67. 0.06% of the stock is currently owned by company insiders.

WSP Global Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were paid a $0.375 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.50 annualized dividend and a dividend yield of 0.55%. WSP Global’s payout ratio is 28.66%.

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).