Key Points
- Director Pascale Sourisse bought 364 shares of WSP Global at C$172.02 each, spending C$62,615.28 and increasing her holdings by 69.47% to 888 shares.
- WSP Global recently reported quarterly earnings of C$2.21 per share on revenue of C$4.55 billion, while analysts currently expect about 9.57 EPS for the full fiscal year.
- The company declared a quarterly dividend of C$0.375 per share, payable July 15, representing an annualized yield of 0.9% and a payout ratio of 20.46%.
WSP Global Inc. (TSE:WSP - Get Free Report) Director Pascale Sourisse purchased 364 shares of the business's stock in a transaction dated Wednesday, June 24th. The stock was purchased at an average price of C$172.02 per share, for a total transaction of C$62,615.28. Following the completion of the acquisition, the director owned 888 shares of the company's stock, valued at approximately C$152,753.76. This represents a 69.47% increase in their ownership of the stock.
WSP Global Stock Performance
Shares of WSP opened at C$173.36 on Friday. The company has a current ratio of 1.19, a quick ratio of 1.04 and a debt-to-equity ratio of 87.04. WSP Global Inc. has a 12 month low of C$170.85 and a 12 month high of C$291.46. The firm has a fifty day simple moving average of C$199.79 and a 200 day simple moving average of C$226.39. The stock has a market capitalization of C$23.37 billion, a price-to-earnings ratio of 23.65, a PEG ratio of 1.09 and a beta of 0.20.
WSP Global (TSE:WSP - Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported C$2.21 earnings per share for the quarter. WSP Global had a return on equity of 10.39% and a net margin of 5.23%.The firm had revenue of C$4.55 billion for the quarter. Research analysts forecast that WSP Global Inc. will post 9.5687404 EPS for the current fiscal year.
WSP Global Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 15th will be paid a dividend of $0.375 per share. The ex-dividend date is Tuesday, June 30th. This represents a $1.50 annualized dividend and a dividend yield of 0.9%. WSP Global's payout ratio is currently 20.46%.
Analyst Ratings Changes
WSP has been the topic of a number of research analyst reports. Canadian Imperial Bank of Commerce dropped their price target on WSP Global from C$328.00 to C$318.00 in a research note on Friday, May 8th. Royal Bank Of Canada lifted their price objective on shares of WSP Global from C$316.00 to C$325.00 in a research report on Friday, February 27th. BMO Capital Markets decreased their price objective on shares of WSP Global from C$334.00 to C$305.00 in a report on Friday, May 8th. Canaccord Genuity Group dropped their price objective on shares of WSP Global from C$345.00 to C$315.00 and set a "buy" rating on the stock in a research report on Friday, May 8th. Finally, ATB Cormark Capital Markets decreased their price target on shares of WSP Global from C$335.00 to C$330.00 and set an "outperform" rating on the stock in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the stock. Based on data from MarketBeat.com, WSP Global presently has an average rating of "Buy" and an average target price of C$313.42.
View Our Latest Stock Analysis on WSP Global
WSP Global Company Profile
(
Get Free Report)
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).
Further Reading
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