TSE:WSP

WSP Global Inc. (WSP.TO)

168.44
-3.55 (2.06%)
as of Oct 5, 2026, 6:01:14 pm Market Open.
413 watching
0
TOP PICK
Free cash flow grew by 68% over the last year. He thinks it is attractively priced. (Analysts’ price target is $82.50)
TOP PICK

As SNC Lavalin has gone down, WSP has gone up. They ahve an $8 billion project backlog. It's cheap with great cash flow. They made 5 good acquisitions this year. A slow, steady grower with a huge backlog. They hit a new high today. (Analysts’ price target is $82.50)

BUY
A former top pick. Good balance sheet with 28% EPS growth into next year. It trades at a decent 18x PE. Overall, it's compelling. A good name that's performed well.
COMMENT

Sold off the construction side? STN-T sold off the construction side of the business, where margins were poorer. They will work to reduce debt going forward, so he is not concerned. He would prefer WSP-T.

COMMENT

WSP Global is pretty much the gold standard. They are pretty much 100% consulting, whereas STN-T and SNC-T are not. He has shied away from the whole sector. The problem is the engineering and construction business, which he has never liked. Margins are razor thin. STN-T wants to get away from E&C. He would buy WSP-T on a correction. STN-T might be a buy at some other point. SNC-T he stays way from and has done so for many years.

BUY ON WEAKNESS
It's done quite well, and she missed it. It's fully valued now, so wait for a pullback. She prefers this company in this space, because they're purely services, not construction and so not exposed to cost overruns. They've acquired to grow.
BUY ON WEAKNESS
Super well managed. Only in the consulting business, so they don't take on the enormous project risks of the others. Making targeted acquisitions around the world. Great company and management. Pricey. Catch it on the dips. High on his watch list.
BUY ON WEAKNESS
A global industrial stock, since investors are shunning SNC now. But WSP is enjoying a 52-week high, so this is the wrong time to enter. This is a long-term buy, and definitely a good hold.
PARTIAL SELL
It's had a nice run since 2015. He's afraid of something that's run this high in the currrent frothy market. Sell half and take profits.
BUY
Is the PE high? He likes the company and thinks it has executed on contracts well. They will benefit if SNC-Lavalin gets banned on contracts and this has caused the stock to rally. He would buy it here and sees 10 years of good growth potential.
BUY ON WEAKNESS
This is on her radar screen. It is purely a service play, rather than construction. This allows them to avoid cost overruns on projects. She thinks this is the best in the space in Canada. She would wait for a pullback in price.
TOP PICK
The management team has a great track record. They have met all their promises to pay down debt and increase revenue with better things yet to come. Yield 2.23% (Analysts’ price target is $75.18)
COMMENT
ARE-T, WSP-T or SNC-T? He owns SNC-T, which has had its issues alongside the Canadian-Saudi Arabia situation. Fundamentally the company performs well. He owns STN-T. He was expecting this space to see better investment following the Canadian government plans to add to infrastructure. He has grown cold to the space as a whole.
COMMENT
He owns two others. Recently there has been a lot of talk about infrastructure but not an awful lot of work being done. He likes the industry long term. Short term it has more to do with what is in their portfolio of projects and he says don't buy.
BUY
Has recommended this. A great company. They've absorbed some acquisitions well. They've corrected and their outlook is good.
Showing 151 to 165 of 257 entries