Wsp Global Stock Today

WSP Stock  CAD 229.78  0.83  0.36%   

Performance

27 of 100

 
Low
 
High
Strong

Odds Of Distress

Less than 1

 
100  
 
Zero
Very Small
WSP Global is selling at 229.78 as of the 28th of March 2024; that is 0.36% increase since the beginning of the trading day. The stock's open price was 228.95. WSP Global has a very small chance of experiencing financial distress in the next few years and had a strong performance during the last 90 days. Equity ratings for WSP Global are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Capital Goods
Category
Industrials
WSP Global Inc. operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Europe, the Middle East, India, Africa, Australia, Asia, New Zealand, and internationally. WSP Global Inc. was founded in 1959 and is headquartered in Montreal, Canada. The company has 124.67 M outstanding shares of which 538.01 K shares are at this time shorted by private and institutional investors with about 2.85 days to cover all short positions. More on WSP Global

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WSP Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. WSP Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WSP Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOLewis Cornell
Business ConcentrationConstruction & Engineering, Engineering & Construction, Industrials, Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors)
WSP Global's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to WSP Global's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand WSP Global's financial leverage. It provides some insight into what part of WSP Global's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on WSP Global's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how WSP Global deploys its capital and how much of that capital is borrowed.
Liquidity
WSP Global cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 204.2 M in total debt with debt to equity ratio (D/E) of 0.57, which is about average as compared to similar companies. WSP Global has a current ratio of 1.14, suggesting that it may not have the ability to pay its financial obligations in time and when they become due. Debt can assist WSP Global until it has trouble settling it off, either with new capital or with free cash flow. So, WSP Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like WSP Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WSP to invest in growth at high rates of return. When we think about WSP Global's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

202.65 Million
WSP Global (WSP) is traded on Toronto Exchange in Canada and employs 66,500 people. WSP Global is listed under Construction & Engineering category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 28.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate WSP Global's market, we take the total number of its shares issued and multiply it by WSP Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. WSP Global operates under Construction & Engineering sector and is part of Industrials industry. The entity has 124.67 M outstanding shares of which 538.01 K shares are at this time shorted by private and institutional investors with about 2.85 days to cover all short positions. WSP Global has accumulated about 826 M in cash with 986.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.29.
Check WSP Global Probability Of Bankruptcy
Ownership Allocation
WSP Global retains a total of 124.67 Million outstanding shares. Over half of WSP Global's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Accordingly, these institutions are subject to different rules and regulations than regular investors in WSP Global. Please watch out for any change in the institutional holdings of WSP Global as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check WSP Ownership Details

WSP Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of WSP Global jumping above the current price in 90 days from now is about 5.11%. The WSP Global probability density function shows the probability of WSP Global stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon WSP Global has a beta of 0.9321. This entails WSP Global market returns are highly reactive to returns on the market. As the market goes up or down, WSP Global is expected to follow. Additionally, wSP Global has an alpha of 0.2338, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 229.78HorizonTargetOdds Above 229.78
94.84%90 days
 229.78 
5.11%
Based on a normal probability distribution, the odds of WSP Global to move above the current price in 90 days from now is about 5.11 (This WSP Global probability density function shows the probability of WSP Stock to fall within a particular range of prices over 90 days) .

WSP Global Historical Income Statement

WSP Global Income Statement is one of the three primary financial statements used for reporting WSP's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of WSP Global revenue and expense. WSP Global Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, WSP Global's Operating Income is very stable compared to the past year. As of the 28th of March 2024, EBIT is likely to grow to about 1.1 B, though Total Other Income Expense Net is likely to grow to (197.6 M). View More Fundamentals

WSP Stock Against Markets

Picking the right benchmark for WSP Global stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in WSP Global stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for WSP Global is critical whether you are bullish or bearish towards WSP Global at a given time. Please also check how WSP Global's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in WSP Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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WSP Global Corporate Directors

WSP Global corporate directors refer to members of a WSP Global board of directors. The board of directors generally takes responsibility for the WSP Global's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of WSP Global's board members must vote for the resolution. The WSP Global board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
George PiersonDirectorProfile
Tom SmithGlobal Director - Property and BuildingsProfile
Linda GalipeauIndependent DirectorProfile
Pierre SeccarecciaIndependent DirectorProfile

How to buy WSP Stock?

Before investing in WSP Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in WSP Global. To buy WSP Global stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of WSP Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase WSP Global stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located WSP Global stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased WSP Global stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as WSP Global, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in WSP Global?

The danger of trading WSP Global is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of WSP Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than WSP Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WSP Global is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WSP Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for WSP Stock analysis

When running WSP Global's price analysis, check to measure WSP Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WSP Global is operating at the current time. Most of WSP Global's value examination focuses on studying past and present price action to predict the probability of WSP Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WSP Global's price. Additionally, you may evaluate how the addition of WSP Global to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between WSP Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if WSP Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WSP Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.