WSP Global (TSE:WSP) Director Purchases C$55,398.00 in Stock

WSP Global Inc. (TSE:WSP) Director Pascale Sourisse bought 300 shares of WSP Global stock in a transaction that occurred on Monday, November 9th. The stock was bought at an average price of C$184.66 per share, with a total value of C$55,398.00. Following the completion of the acquisition, the director owned 1,188 shares in the company, valued at approximately C$219,376.08. The trade was a 33.78% increase in their position.

WSP Global Stock Up 2.3%

Shares of WSP Global stock opened at C$184.67 on Thursday. WSP Global Inc. has a 12-month low of C$156.64 and a 12-month high of C$275.24. The company has a quick ratio of 1.04, a current ratio of 1.10 and a debt-to-equity ratio of 79.06. The stock has a 50 day moving average price of C$178.60 and a two-hundred day moving average price of C$199.46. The stock has a market capitalization of C$24.90 billion, a P/E ratio of 25.26, a PEG ratio of 1.09 and a beta of 0.37.

WSP Global (TSE:WSP) last released its quarterly earnings results on Wednesday, November 4th. The company reported C$3.20 EPS for the quarter. WSP Global had a net margin of 4.88% and a return on equity of 9.55%. The company had revenue of C$5.29 billion for the quarter. Equities analysts expect that WSP Global Inc. will post 9.57 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on WSP. BMO Capital Markets dropped their target price on shares of WSP Global from C$280.00 to C$275.00 and set an “outperform” rating on the stock in a report on Wednesday, September 30th. ATB Cormark Capital Markets decreased their price target on shares of WSP Global from C$330.00 to C$325.00 and set an “outperform” rating for the company in a report on Friday, August 7th. National Bank Financial decreased their price target on shares of WSP Global from C$219.00 to C$216.00 and set an “outperform” rating for the company in a report on Wednesday, September 30th. Scotia lowered their price target on WSP Global from C$281.00 to C$279.00 and set a “sector outperform” rating on the stock in a research report on Monday, August 10th. Finally, Desjardins dropped their price objective on WSP Global from C$372.00 to C$369.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating and twelve have assigned a Buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$289.62.

WSP Global Company Profile

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).