WSP Global Inc (TSE:WSP) – Desjardins reduced their Q3 2016 earnings per share estimates for WSP Global in a research note issued on Wednesday. Desjardins analyst B. Poirier now expects that the firm will post earnings of $0.79 per share for the quarter, down from their prior estimate of $0.81. Desjardins also issued estimates for WSP Global’s Q4 2016 earnings at $0.74 EPS, FY2016 earnings at $2.70 EPS and FY2017 earnings at $2.83 EPS.
A number of other equities analysts have also recently commented on the stock. Canaccord Genuity lifted their target price on shares of WSP Global from C$44.00 to C$45.00 and gave the stock a “buy” rating in a research report on Thursday, August 4th. TD Securities reiterated a “buy” rating and issued a C$49.00 target price on shares of WSP Global in a research report on Thursday, August 4th. BMO Capital Markets lifted their target price on shares of WSP Global from C$41.50 to C$43.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 21st. Royal Bank Of Canada reiterated an “outperform” rating and issued a C$45.00 target price on shares of WSP Global in a research report on Monday, September 19th. Finally, Scotiabank reiterated an “outperform” rating and issued a C$46.00 target price on shares of WSP Global in a research report on Thursday. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of C$45.59.
Shares of WSP Global (TSE:WSP) traded up 0.49% during mid-day trading on Friday, reaching $41.22. 28,018 shares of the company’s stock were exchanged. WSP Global has a one year low of $35.11 and a one year high of $49.18. The stock has a market cap of $4.16 billion and a PE ratio of 27.78. The company has a 50 day moving average price of $42.19 and a 200-day moving average price of $41.05.
The business also recently announced a quarterly dividend, which will be paid on Saturday, October 15th. Stockholders of record on Saturday, October 15th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date of this dividend is Wednesday, September 28th.
WSP Global Company Profile
WSP Global Inc is a professional services company. The Company’s segments are Canada, Americas (US and South America), EMEIA (Europe, Middle East, India and Africa) and APAC (Asia Pacific, including primarily Asia and Australia). It offers services in project delivery and consulting. It offers various project services throughout the project execution phases.
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