WSP Global Inc. Plans Quarterly Dividend of $0.38 (TSE:WSP)

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

WSP Global Stock Performance

WSP opened at C$178.21 on Friday. The business’s 50-day moving average price is C$198.79 and its two-hundred day moving average price is C$226.05. WSP Global has a 1 year low of C$170.85 and a 1 year high of C$291.46. The company has a market capitalization of C$24.03 billion, a price-to-earnings ratio of 24.31, a P/E/G ratio of 1.09 and a beta of 0.20. The company has a debt-to-equity ratio of 87.04, a current ratio of 1.19 and a quick ratio of 1.04.

WSP Global (TSE:WSP) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$2.21 earnings per share 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%. Equities analysts expect that WSP Global will post 9.5687404 EPS for the current fiscal year.

Analysts Set New Price Targets

WSP has been the topic of several research reports. Stifel Nicolaus cut their target price 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. Canadian Imperial Bank of Commerce lowered their price objective on shares of WSP Global from C$328.00 to C$318.00 in a report on Friday, May 8th. Canaccord Genuity Group cut their price objective on shares of WSP Global from C$345.00 to C$315.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Desjardins reduced their target price on shares of WSP Global from C$375.00 to C$372.00 and set a “buy” rating for the company in a report on Friday, May 8th. Finally, TD reduced their target price on shares of WSP Global from C$308.00 to C$307.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus 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).