WSP Global (TSE:WSP) – Investment analysts at Desjardins issued their Q1 2018 EPS estimates for WSP Global in a research note issued on Friday, March 16th, Zacks Investment Research reports. Desjardins analyst B. Poirier forecasts that the company will earn $0.63 per share for the quarter. Desjardins has a “Buy” rating and a $66.00 price target on the stock. Desjardins also issued estimates for WSP Global’s Q2 2018 earnings at $0.93 EPS, Q3 2018 earnings at $1.02 EPS, Q4 2018 earnings at $0.87 EPS and FY2018 earnings at $3.45 EPS.
WSP Global (TSE:WSP) last posted its quarterly earnings results on Thursday, March 15th. The company reported C$0.38 earnings per share (EPS) for the quarter. WSP Global had a return on equity of 9.97% and a net margin of 4.44%. The company had revenue of C$1.48 billion for the quarter, compared to analysts’ expectations of C$1.40 billion.
Other analysts also recently issued reports about the stock. AltaCorp Capital reissued a “sector perform” rating on shares of WSP Global in a research note on Friday, March 16th. Scotiabank boosted their target price on shares of WSP Global from C$62.00 to C$64.00 and gave the company an “outperform” rating in a research note on Friday, March 16th. Canaccord Genuity boosted their target price on shares of WSP Global from C$61.00 to C$62.00 in a research note on Friday, March 16th. National Bank Financial boosted their target price on shares of WSP Global from C$56.00 to C$57.00 and gave the company a “sector perform” rating in a research note on Friday, March 16th. Finally, TD Securities boosted their target price on shares of WSP Global from C$67.00 to C$70.00 and gave the company a “buy” rating in a research note on Friday, March 16th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of C$64.25.
TSE:WSP traded up C$2.08 during trading hours on Monday, hitting C$60.88. 207,985 shares of the stock traded hands, compared to its average volume of 165,239. WSP Global has a fifty-two week low of C$47.36 and a fifty-two week high of C$62.59.
The business also recently declared a quarterly dividend, which will be paid on Sunday, April 15th. Stockholders of record on Sunday, April 15th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 2.46%. The ex-dividend date of this dividend is Wednesday, March 28th.
In related news, Director Birgit Norgaard purchased 500 shares of the stock in a transaction dated Wednesday, March 21st. The shares were acquired at an average cost of C$60.76 per share, for a total transaction of C$30,380.00.
ILLEGAL ACTIVITY WARNING: “Equities Analysts Set Expectations for WSP Global’s Q1 2018 Earnings (TSE:WSP)” was originally published by Macon Daily and is owned by of Macon Daily. If you are viewing this story on another domain, it was stolen and reposted in violation of US & international copyright and trademark law. The legal version of this story can be read at https://macondaily.com/2018/04/12/research-analysts-offer-predictions-for-wsp-globals-q1-2018-earnings-wsp-updated-updated-updated.html.
WSP Global Company Profile
WSP Global Inc operates as a professional services company in the United States, Canada, the United Kingdom, Sweden, and internationally. The company's Property & Buildings segment provides technical and management consultancy services, such as structural and mechanical, electrical, and plumbing engineering; and a range of specialist services, including fire engineering, lighting design, vertical transportation, acoustics, intelligent building systems, audiovisual systems, information technology, façade engineering, and green building design.
Get a free copy of the Zacks research report on WSP Global (WSP)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for WSP Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WSP Global and related companies with MarketBeat.com's FREE daily email newsletter.