Raymond James Has Bearish Outlook for WSP Global Q1 Earnings

WSP Global Inc. (TSE:WSP) – Analysts at Raymond James cut their Q1 2025 earnings per share (EPS) estimates for WSP Global in a note issued to investors on Thursday, February 27th. Raymond James analyst F. Bastien now expects that the company will earn $1.73 per share for the quarter, down from their prior forecast of $1.83. Raymond James has a “Strong-Buy” rating and a $310.00 price objective on the stock. The consensus estimate for WSP Global’s current full-year earnings is $9.57 per share. Raymond James also issued estimates for WSP Global’s Q4 2025 earnings at $2.84 EPS.

WSP has been the subject of several other reports. Scotiabank upped their target price on WSP Global from C$281.00 to C$283.00 in a report on Wednesday, February 19th. Royal Bank of Canada upped their price target on shares of WSP Global from C$261.00 to C$279.00 in a research note on Friday, November 8th. BMO Capital Markets upped their target price on WSP Global from C$284.00 to C$294.00 in a research report on Thursday, February 27th. CIBC lifted their price target on WSP Global from C$293.00 to C$295.00 in a report on Friday. Finally, Stifel Nicolaus increased their price objective on WSP Global from C$295.00 to C$310.00 in a report on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, WSP Global currently has an average rating of “Buy” and an average price target of C$284.83.

WSP Global Stock Performance

Shares of WSP opened at C$257.50 on Monday. The stock has a market capitalization of C$33.22 billion, a P/E ratio of 49.21, a P/E/G ratio of 1.09 and a beta of 0.82. WSP Global has a 12-month low of C$201.24 and a 12-month high of C$264.87. The company has a debt-to-equity ratio of 80.45, a current ratio of 1.26 and a quick ratio of 1.04. The firm’s 50 day moving average is C$251.49 and its 200-day moving average is C$243.91.

WSP Global Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were issued a dividend of $0.375 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.50 annualized dividend and a yield of 0.58%. WSP Global’s payout ratio is presently 28.66%.

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).