WSP Global (OTCMKTS:WSPOF) Shares Gap Down – What’s Next?

WSP Global Inc. (OTCMKTS:WSPOF) gapped down before the market opened on Friday. The stock had previously closed at $142.31, but opened at $125.59. WSP Global shares last traded at $130.43, with a volume of 133 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on WSPOF. Scotiabank reissued an “outperform” rating on shares of WSP Global in a research note on Thursday, October 15th. BMO Capital Markets reaffirmed an “outperform” rating on shares of WSP Global in a research note on Thursday, August 6th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of WSP Global in a report on Monday, August 10th. Five investment analysts have rated the stock with a Buy rating. According to MarketBeat, the company presently has a consensus rating of “Buy”.

WSP Global Stock Down 2.8%

The company has a market cap of $17.76 billion and a price-to-earnings ratio of 35.70. 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 business has a fifty day moving average price of $127.31 and a two-hundred day moving average price of $145.04.

WSP Global (OTCMKTS:WSPOF) last released its quarterly earnings data on Wednesday, November 4th. The company reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.05. WSP Global had a return on equity of 13.52% and a net margin of 5.72%. The firm had revenue of $3.02 billion during the quarter, compared to analysts’ expectations of $2.96 billion.

WSP Global Company Profile

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.