WSP Global Inc. (WSP) to Issue Quarterly Dividend of $0.38 on October 15th

WSP Global Inc. (TSE:WSP) declared a quarterly dividend on Friday, September 27th, Zacks reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of 0.375 per share on Tuesday, October 15th. This represents a $1.50 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date is Friday, September 27th.

WSP Global Trading Up 0.6 %

WSP opened at C$235.53 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 1.04 and a debt-to-equity ratio of 71.81. The firm has a 50-day moving average price of C$224.99 and a two-hundred day moving average price of C$218.06. WSP Global has a 1-year low of C$174.39 and a 1-year high of C$236.15. The stock has a market capitalization of C$29.37 billion, a PE ratio of 49.17, a PEG ratio of 1.09 and a beta of 0.81.

WSP Global (TSE:WSP) last issued its quarterly earnings results on Tuesday, July 30th. The company reported C$1.89 EPS for the quarter, missing the consensus estimate of C$1.90 by C($0.01). WSP Global had a return on equity of 9.40% and a net margin of 4.03%. The business had revenue of C$2.99 billion for the quarter, compared to analyst estimates of C$2.93 billion. As a group, equities analysts anticipate that WSP Global will post 9.4701583 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on the company. Desjardins raised their price objective on WSP Global from C$249.00 to C$257.00 and gave the stock a “buy” rating in a research note on Tuesday, August 20th. Raymond James raised their price target on WSP Global from C$255.00 to C$270.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, August 20th. TD Securities boosted their price objective on WSP Global from C$273.00 to C$279.00 and gave the company a “buy” rating in a research report on Tuesday, August 20th. Royal Bank of Canada increased their target price on WSP Global from C$252.00 to C$261.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 20th. Finally, BMO Capital Markets lifted their price target on shares of WSP Global from C$252.00 to C$257.00 and gave the company an “outperform” rating in a research note on Tuesday, August 20th. One equities research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$254.50.

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.