WSP Global Inc. (WSP) to Distribute Quarterly Dividend of $0.38 on July 15th

WSP Global Inc. (TSE:WSP) declared a quarterly dividend on Tuesday, June 30th, TickerTech Dividends reports. Investors of record on Wednesday, July 15th will be given a dividend of 0.375 per share on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, June 30th.

WSP Global Stock Up 2.8%

Shares of TSE:WSP opened at C$178.21 on Friday. The firm has a market cap of C$24.03 billion, a PE ratio of 24.31, a price-to-earnings-growth ratio of 1.09 and a beta of 0.20. The company has a fifty day simple moving average of C$198.79 and a 200 day simple moving average of C$226.05. 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 has a 12-month low of C$170.85 and a 12-month high of C$291.46.

WSP Global (TSE:WSP) last issued its earnings results on Wednesday, May 6th. The company reported C$2.21 EPS for the quarter. The company had revenue of C$4.55 billion during the quarter. WSP Global had a return on equity of 10.39% and a net margin of 5.23%. On average, equities research analysts anticipate that WSP Global will post 9.5687404 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently commented on WSP shares. Stifel Nicolaus dropped their price objective on WSP Global from C$320.00 to C$280.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Canaccord Genuity Group reduced their price target on shares of WSP Global from C$345.00 to C$315.00 and set a “buy” rating for the company in a research report on Friday, May 8th. TD decreased their price objective on shares of WSP Global from C$308.00 to C$307.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. BMO Capital Markets lowered their price objective on shares of WSP Global from C$334.00 to C$305.00 in a research report on Friday, May 8th. Finally, Desjardins lowered their price objective on shares of WSP Global from C$375.00 to C$372.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. One investment 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, WSP Global currently has a consensus rating of “Buy” and an average price target of C$313.42.

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).