Q2 2024 Earnings Forecast for WSP Global Inc. Issued By Desjardins (TSE:WSP)

WSP Global Inc. (TSE:WSPFree Report) – Stock analysts at Desjardins dropped their Q2 2024 earnings per share (EPS) estimates for WSP Global in a research note issued on Thursday, May 9th. Desjardins analyst B. Poirier now anticipates that the company will earn $1.88 per share for the quarter, down from their previous forecast of $1.92. Desjardins has a “Buy” rating and a $243.00 price target on the stock. The consensus estimate for WSP Global’s current full-year earnings is $8.02 per share. Desjardins also issued estimates for WSP Global’s Q3 2024 earnings at $2.26 EPS, Q4 2024 earnings at $2.29 EPS and FY2024 earnings at $7.97 EPS.

Several other brokerages have also recently weighed in on WSP. BMO Capital Markets upped their price target on shares of WSP Global from C$246.00 to C$248.00 in a research report on Friday. Royal Bank of Canada upped their target price on WSP Global from C$237.00 to C$245.00 in a report on Friday. National Bankshares lifted their price target on WSP Global from C$212.00 to C$234.00 and gave the company an “outperform” rating in a report on Friday, March 1st. CIBC upped their price objective on WSP Global from C$234.00 to C$239.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. Finally, Raymond James raised WSP Global from an “outperform” rating to a “strong-buy” rating and raised their price objective for the company from C$215.00 to C$245.00 in a research report on Friday, January 26th. One 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’s stock. According to data from MarketBeat.com, WSP Global currently has a consensus rating of “Buy” and a consensus target price of C$237.08.

View Our Latest Research Report on WSP Global

WSP Global Stock Down 0.2 %

TSE:WSP opened at C$218.58 on Monday. The company has a debt-to-equity ratio of 70.90, a current ratio of 1.20 and a quick ratio of 1.04. The firm has a market cap of C$27.25 billion, a PE ratio of 48.47, a price-to-earnings-growth ratio of 1.09 and a beta of 0.82. The company has a 50-day moving average of C$218.11 and a 200 day moving average of C$201.50. WSP Global has a 1-year low of C$166.75 and a 1-year high of C$230.98.

WSP Global (TSE:WSPGet Free Report) last posted its quarterly earnings results on Wednesday, February 28th. The company reported C$1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$1.91 by C$0.08. The business had revenue of C$3.72 billion for the quarter, compared to the consensus estimate of C$2.81 billion. WSP Global had a return on equity of 9.05% and a net margin of 3.88%.

WSP Global Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Sunday, June 30th will be paid a dividend of $0.375 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.69%. WSP Global’s payout ratio is 33.26%.

WSP Global Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for WSP Global (TSE:WSP)

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