FY2025 EPS Estimates for WSP Global Lifted by Stifel Canada

WSP Global Inc. (TSE:WSP) – Stock analysts at Stifel Canada increased their FY2025 earnings per share estimates for shares of WSP Global in a report released on Sunday, October 5th. Stifel Canada analyst I. Gillies now anticipates that the company will earn $9.50 per share for the year, up from their previous forecast of $9.34. The consensus estimate for WSP Global’s current full-year earnings is $9.57 per share. Stifel Canada also issued estimates for WSP Global’s FY2026 earnings at $11.05 EPS and FY2027 earnings at $12.14 EPS.

A number of other research firms also recently commented on WSP. Canaccord Genuity Group increased their price objective on WSP Global from C$305.00 to C$335.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. Desjardins increased their price target on shares of WSP Global from C$301.00 to C$313.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. BMO Capital Markets increased their price target on shares of WSP Global from C$312.00 to C$324.00 in a research note on Thursday, August 7th. CIBC increased their target price on shares of WSP Global from C$305.00 to C$317.00 in a research report on Friday, July 18th. Finally, ATB Capital increased their target price on shares of WSP Global from C$270.00 to C$305.00 and gave the stock a “sector perform” rating in a research report on Friday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$307.23.

WSP Global Stock Performance

Shares of WSP stock opened at C$274.00 on Tuesday. The company has a debt-to-equity ratio of 80.45, a current ratio of 1.26 and a quick ratio of 1.04. WSP Global has a fifty-two week low of C$217.42 and a fifty-two week high of C$291.46. The stock’s 50-day moving average is C$280.73 and its two-hundred day moving average is C$269.97. The firm has a market cap of C$35.76 billion, a P/E ratio of 44.70, a PEG ratio of 1.09 and a beta of 0.57.

Insider Activity at WSP Global

In other WSP Global news, insider Alain Michaud sold 6,068 shares of the firm’s stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of C$280.43, for a total value of C$1,701,649.24. Following the sale, the insider owned 6,493 shares of the company’s stock, valued at C$1,820,831.99. This trade represents a 48.31% decrease in their position. Also, Director Alexandre L’heureux sold 40,713 shares of the firm’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of C$280.54, for a total value of C$11,421,625.02. Following the completion of the sale, the director directly owned 37,809 shares in the company, valued at C$10,606,936.86. This trade represents a 51.85% decrease in their position. In the last three months, insiders have sold 78,781 shares of company stock worth $22,092,534. 0.06% of the stock is owned by insiders.

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).