WSP Global (OTCMKTS:WSPOF) Announces Earnings Results

WSP Global (OTCMKTS:WSPOF) posted its earnings results on Wednesday. The company reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $0.09, Zacks reports. WSP Global had a return on equity of 12.01% and a net margin of 5.46%.

WSP Global Price Performance

WSP Global stock traded up $1.74 during mid-day trading on Wednesday, hitting $130.59. 44,770 shares of the company were exchanged, compared to its average volume of 21,828. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.19 and a quick ratio of 1.19. The business’s 50 day simple moving average is $126.46 and its two-hundred day simple moving average is $152.53. The company has a market capitalization of $17.61 billion and a P/E ratio of 81.11. WSP Global has a 12-month low of $111.08 and a 12-month high of $210.29.

Analysts Set New Price Targets

WSPOF has been the subject of a number of research analyst reports. Scotiabank restated an “outperform” rating on shares of WSP Global in a research report on Monday, April 13th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of WSP Global in a research note on Wednesday, July 8th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, WSP Global presently has an average rating of “Buy”.

WSP Global Company Profile

WSP Global Inc is a Canadian professional services firm specializing in engineering, design and environmental consulting. The company provides advisory, planning and project delivery services to public and private sector clients across the built and natural environment. Its expertise spans the full project lifecycle, from feasibility studies and regulatory approvals to design, construction oversight and asset management.

WSP’s service offerings cover a wide range of market sectors including transportation infrastructure, property and buildings, environment and resources, energy and mining, and water management.