WSP Global Inc. (TSE:WSP) Given Consensus Rating of “Buy” by Analysts

Shares of WSP Global Inc. (TSE:WSP) have been assigned a consensus rating of “Buy” from the eleven ratings firms that are presently covering the firm, Marketbeat reports. Ten analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$313.42.

Several equities analysts recently weighed in on the company. Stifel Nicolaus reduced their target price on WSP Global from C$320.00 to C$280.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. ATB Cormark Capital Markets cut their price objective on WSP Global from C$335.00 to C$330.00 and set an “outperform” rating on the stock in a report on Friday. BMO Capital Markets cut their price objective on WSP Global from C$334.00 to C$305.00 in a report on Friday. Royal Bank Of Canada raised their price objective on WSP Global from C$316.00 to C$325.00 in a report on Friday, February 27th. Finally, TD Securities cut their price objective on WSP Global from C$335.00 to C$311.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th.

Key Headlines Impacting WSP Global

Here are the key news stories impacting WSP Global this week:

• Positive Sentiment: National Bank Financial raised its price target on WSP Global and reaffirmed an “outperform” view, signaling continued confidence in upside potential. BayStreet.CA analyst update
• Positive Sentiment: Desjardins, Canaccord Genuity, and ATB Cormark all kept bullish ratings on WSP Global despite modestly lower targets, suggesting analysts still see meaningful upside from current levels. BayStreet.CA analyst updates
• Positive Sentiment: Recent coverage highlighted growth drivers in power generation and AI-related work, which could support future revenue and margin expansion. Yahoo Finance article
• Neutral Sentiment: WSP Global announced the results of its annual meeting of shareholders, a routine corporate update with limited immediate stock impact. Annual meeting results
• Neutral Sentiment: The company declared a CAD 0.375 dividend, which is supportive for income investors but not a major catalyst for the shares. Dividend announcement
• Negative Sentiment: Several major brokerages, including BMO Capital Markets, CIBC, and Canaccord, lowered their price targets, which can weigh on sentiment even though their ratings remained positive. BayStreet.CA analyst updates
• Negative Sentiment: WSP’s latest quarterly earnings were described as flat year over year, suggesting growth may be moderating after a strong run. First-quarter earnings report

WSP Global Stock Down 3.9%

Shares of TSE:WSP opened at C$215.52 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.19 and a debt-to-equity ratio of 87.04. WSP Global has a 52-week low of C$210.86 and a 52-week high of C$291.46. The stock’s fifty day simple moving average is C$224.11 and its 200-day simple moving average is C$243.52. The company has a market capitalization of C$29.06 billion, a P/E ratio of 29.40, a P/E/G ratio of 1.09 and a beta of 0.28.

WSP Global (TSE:WSP) last issued its quarterly earnings data on Wednesday, May 6th. The company reported C$2.21 earnings per share (EPS) for the quarter. WSP Global had a return on equity of 10.39% and a net margin of 5.23%.The business had revenue of C$4.55 billion for the quarter. As a group, equities research analysts forecast that WSP Global will post 9.5687404 earnings per share for the current fiscal year.

WSP Global Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were paid a $0.375 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.7%. WSP Global’s dividend payout ratio (DPR) is 20.46%.

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).