Stifel Canada Increases Earnings Estimates for WSP Global

WSP Global Inc. (TSE:WSP) – Equities researchers at Stifel Canada increased their FY2025 earnings per share (EPS) estimates for shares of WSP Global in a note issued to investors on Sunday, October 5th. Stifel Canada analyst I. Gillies now forecasts that the company will post earnings of $9.50 per share for the year, up from their previous estimate of $9.34. The consensus estimate for WSP Global’s current full-year earnings is $9.57 per share. Stifel Canada also issued estimates for WSP Global’s FY2026 earnings at $11.05 EPS and FY2027 earnings at $12.14 EPS.

Several other equities research analysts also recently weighed in on the company. CIBC upped their price target on WSP Global from C$305.00 to C$317.00 in a report on Friday, July 18th. National Bankshares upped their price target on WSP Global from C$292.00 to C$297.00 in a report on Friday, August 8th. Canaccord Genuity Group upped their price target on WSP Global from C$305.00 to C$335.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. BMO Capital Markets upped their price target on WSP Global from C$312.00 to C$324.00 in a report on Thursday, August 7th. Finally, ATB Capital upped their price target on WSP Global from C$270.00 to C$305.00 and gave the stock a “sector perform” rating in a report on Friday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, WSP Global has an average rating of “Buy” and a consensus target price of C$307.23.

WSP Global Price Performance

WSP stock opened at C$277.90 on Tuesday. The business’s fifty day moving average price is C$280.55 and its 200 day moving average price is C$270.02. The company has a current ratio of 1.26, a quick ratio of 1.04 and a debt-to-equity ratio of 80.45. WSP Global has a 12-month low of C$217.42 and a 12-month high of C$291.46. The company has a market capitalization of C$36.27 billion, a PE ratio of 45.33, a P/E/G ratio of 1.09 and a beta of 0.57.

Insider Activity at WSP Global

In other WSP Global news, insider Philippe Fortier sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of C$280.43, for a total transaction of C$1,963,010.00. Following the completion of the sale, the insider directly owned 1,747 shares of the company’s stock, valued at C$489,911.21. This represents a 80.03% decrease in their position. Also, Director Alexandre L’heureux sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of C$280.25, for a total value of C$7,006,250.00. Following the sale, the director directly owned 37,809 shares of the company’s stock, valued at approximately C$10,595,972.25. This represents a 39.80% decrease in their ownership of the stock. Insiders sold a total of 78,781 shares of company stock valued at $22,092,534 in the last three months. 0.06% of the stock is currently owned by company insiders.

WSP Global Company Profile

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).