WSP Global (OTCMKTS:WSPOF – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.05, Zacks reports. WSP Global had a net margin of 5.34% and a return on equity of 12.52%.
WSP Global Trading Up 1.0%
WSP Global stock traded up $1.44 during midday trading on Wednesday, reaching $142.31. 187,903 shares of the stock traded hands, compared to its average volume of 32,453. The firm has a market cap of $19.19 billion and a PE ratio of 38.57. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.79. The company has a 50-day simple moving average of $127.23 and a two-hundred day simple moving average of $145.60. WSP Global has a 12-month low of $111.08 and a 12-month high of $200.01.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on WSPOF shares. Scotiabank reaffirmed an “outperform” rating on shares of WSP Global in a research report on Thursday, October 15th. Royal Bank Of Canada reiterated an “outperform” rating on shares of WSP Global in a report on Monday, August 10th. BMO Capital Markets reissued an “outperform” rating on shares of WSP Global in a research report on Thursday, August 6th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of WSP Global in a research note on Wednesday, July 8th. Five research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company has a consensus rating of “Buy”.
Check Out Our Latest Research Report on WSP Global
About WSP Global
WSP Global Inc is a Canada-based professional services and consulting company that provides engineering, advisory, and project delivery services to public- and private-sector clients. Its work supports the planning, design, and management of complex projects across the built and natural environments.
The company’s activities include transportation and infrastructure consulting, engineering and design for buildings, environmental and climate services, energy and resources consulting, and project and program management.
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