Q1 2025 Earnings Forecast for WSP Global Inc. Issued By Raymond James (TSE:WSP)

WSP Global Inc. (TSE:WSP) – Analysts at Raymond James dropped their Q1 2025 earnings per share estimates for WSP Global in a report released on Wednesday, July 31st. Raymond James analyst F. Bastien now anticipates that the company will post earnings per share of $1.78 for the quarter, down from their prior estimate of $1.80. Raymond James currently has a “Strong-Buy” rating and a $255.00 target price on the stock. The consensus estimate for WSP Global’s current full-year earnings is $8.10 per share. Raymond James also issued estimates for WSP Global’s Q2 2025 earnings at $2.32 EPS and Q4 2025 earnings at $2.69 EPS.

WSP Global (TSE:WSP) last posted its quarterly earnings data on Wednesday, May 8th. The company reported C$1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.48 by C$0.07. WSP Global had a net margin of 3.88% and a return on equity of 9.05%. The firm had revenue of C$2.79 billion during the quarter, compared to the consensus estimate of C$2.76 billion.

A number of other brokerages also recently issued reports on WSP. ATB Capital increased their price target on WSP Global from C$225.00 to C$235.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 1st. Scotiabank raised their price target on WSP Global from C$239.00 to C$241.00 in a research report on Friday, May 10th. BMO Capital Markets upped their price objective on shares of WSP Global from C$249.00 to C$252.00 in a research report on Thursday, August 1st. National Bankshares raised their target price on shares of WSP Global from C$234.00 to C$251.00 and gave the company an “outperform” rating in a report on Thursday, August 1st. Finally, CIBC boosted their target price on shares of WSP Global from C$239.00 to C$245.00 and gave the company an “outperform” rating in a research report on Thursday, August 1st. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$246.92.

WSP Global Stock Down 2.4 %

Shares of WSP opened at C$214.24 on Monday. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 70.90. WSP Global has a 12 month low of C$174.39 and a 12 month high of C$230.98. The firm’s 50 day moving average is C$214.57 and its 200-day moving average is C$213.07. The stock has a market capitalization of C$26.71 billion, a PE ratio of 47.50, a P/E/G ratio of 1.09 and a beta of 0.82.

Insiders Place Their Bets

In other WSP Global news, insider Caisse de dépôt et placement du Québec sold 2,884,630 shares of the company’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of C$206.30, for a total value of C$595,099,169.00. Insiders own 0.07% of the company’s stock.

WSP Global Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a $0.375 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $1.50 dividend on an annualized basis and a yield of 0.70%. WSP Global’s dividend payout ratio is currently 33.26%.

About WSP Global

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It 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.