WSP Global Inc. (TSE:WSP) Director Pierre Shoiry sold 6,200 shares of the stock in a transaction that occurred on Friday, December 24th. The stock was sold at an average price of C$180.11, for a total value of C$1,116,682.00. Following the completion of the transaction, the director now owns 500,073 shares in the company, valued at approximately C$90,068,148.03.
Shares of WSP Global stock traded up C$0.99 on Friday, hitting C$181.64. The company had a trading volume of 31,207 shares, compared to its average volume of 139,609. The stock has a market capitalization of C$21.35 billion and a price-to-earnings ratio of 50.64. WSP Global Inc. has a 1 year low of C$109.69 and a 1 year high of C$187.94. The stock has a 50 day moving average of C$174.83 and a 200-day moving average of C$159.46. The company has a debt-to-equity ratio of 62.77, a quick ratio of 1.19 and a current ratio of 1.23.
WSP Global (TSE:WSP) last issued its quarterly earnings results on Tuesday, November 9th. The company reported C$1.53 EPS for the quarter, beating the Zacks’ consensus estimate of C$1.43 by C$0.10. The business had revenue of C$2.65 billion for the quarter, compared to analysts’ expectations of C$2.03 billion. Equities analysts anticipate that WSP Global Inc. will post 5.5900003 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, October 15th. Investors of record on Friday, October 15th were given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date was Tuesday, September 28th. WSP Global’s payout ratio is 41.82%.
Several brokerages have issued reports on WSP. CIBC increased their price target on WSP Global from C$180.00 to C$190.00 and gave the stock an “outperform” rating in a report on Friday, November 12th. Scotiabank increased their price target on WSP Global from C$175.00 to C$190.00 in a report on Friday, November 12th. Raymond James increased their price target on WSP Global from C$175.00 to C$185.00 and gave the stock an “outperform” rating in a report on Friday, November 12th. National Bankshares increased their price target on WSP Global from C$168.00 to C$185.00 in a report on Friday, November 12th. Finally, BMO Capital Markets increased their price objective on WSP Global from C$158.00 to C$178.00 in a research note on Friday, November 12th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, WSP Global currently has a consensus rating of “Buy” and an average price target of C$179.46.
About WSP Global
WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Europe, the Middle East, India, Africa, Australia, Asia, New Zealand, and internationally. The company 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.