FY2016 Earnings Estimate for WSP Global Inc (WSP) Issued By National Bank Financial
WSP Global Inc (TSE:WSP) – Stock analysts at National Bank Financial cut their FY2016 earnings per share (EPS) estimates for shares of WSP Global in a report released on Wednesday. National Bank Financial analyst M. Sytchev now expects that the brokerage will post earnings per share of $2.24 for the year, down from their prior forecast of $2.43. National Bank Financial also issued estimates for WSP Global’s FY2017 earnings at $2.40 EPS.
Other analysts also recently issued reports about the stock. CIBC boosted their target price on shares of WSP Global from C$42.00 to C$44.00 in a research report on Wednesday. Canaccord Genuity boosted their target price on shares of WSP Global from C$44.00 to C$45.00 and gave the stock a “buy” rating in a research report on Thursday, August 4th. TD Securities boosted their target price on shares of WSP Global from C$49.00 to C$50.00 and gave the stock a “buy” rating in a research report on Wednesday. BMO Capital Markets boosted their target price on shares of WSP Global from C$41.50 to C$43.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 21st. Finally, Royal Bank Of Canada boosted their target price on shares of WSP Global from C$45.00 to C$47.00 and gave the stock an “old rating” rating in a research report on Wednesday. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of C$46.23.
Shares of WSP Global (TSE:WSP) opened at 46.45 on Friday. The company has a market cap of $4.68 billion and a P/E ratio of 29.47. WSP Global has a 52-week low of $35.11 and a 52-week high of $46.75. The stock has a 50 day moving average of $42.16 and a 200 day moving average of $41.60.
The business also recently announced a quarterly dividend, which was paid on Saturday, October 15th. Investors of record on Saturday, October 15th were paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 3.23%. The ex-dividend date of this dividend was Wednesday, September 28th.
WSP Global Company Profile
WSP Global Inc is a professional services company. The Company’s segments are Canada, Americas (US and South America), EMEIA (Europe, Middle East, India and Africa) and APAC (Asia Pacific, including primarily Asia and Australia). It offers services in project delivery and consulting. It offers various project services throughout the project execution phases.
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