Scotiabank Has Optimistic View of WSP Global FY2027 Earnings

WSP Global Inc. (TSE:WSP) – Equities researchers at Scotiabank upped their FY2027 earnings per share (EPS) estimates for shares of WSP Global in a research report issued to clients and investors on Thursday, October 22nd. Scotiabank analyst J. Goldman now forecasts that the company will post earnings of $12.91 per share for the year, up from their previous forecast of $12.77. Scotiabank has a “Sector Outperform” rating and a $281.00 price objective on the stock. The consensus estimate for WSP Global’s current full-year earnings is $9.57 per share.

WSP Global (TSE:WSP) last released its earnings results on Wednesday, August 5th. The company reported C$2.88 earnings per share for the quarter. The firm had revenue of C$5.40 billion during the quarter. WSP Global had a return on equity of 9.52% and a net margin of 4.81%.

Other equities research analysts have also recently issued research reports about the stock. National Bank Financial cut their price objective on shares of WSP Global from C$219.00 to C$216.00 and set an “outperform” rating for the company in a research report on Wednesday, September 30th. TD dropped their target price on shares of WSP Global from C$307.00 to C$255.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. Scotia cut their price target on shares of WSP Global from C$281.00 to C$279.00 and set a “sector outperform” rating for the company in a report on Monday, August 10th. Royal Bank Of Canada reduced their price target on shares of WSP Global from C$304.00 to C$303.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 30th. Finally, Desjardins lowered their price objective on shares of WSP Global from C$372.00 to C$369.00 and set a “buy” rating for the company in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating and twelve have issued a Buy rating to the stock. According to data from MarketBeat, WSP Global has an average rating of “Buy” and an average price target of C$289.62.

WSP Global Stock Up 0.4%

Shares of TSE WSP opened at C$184.55 on Monday. The company has a debt-to-equity ratio of 84.47, a quick ratio of 1.04 and a current ratio of 1.20. WSP Global has a 52 week low of C$156.64 and a 52 week high of C$281.28. The stock has a market capitalization of C$24.88 billion, a P/E ratio of 26.33, a PEG ratio of 1.09 and a beta of 0.40. The stock’s fifty day moving average is C$179.33 and its 200 day moving average is C$204.13.

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).