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After finishing at $51.26 in the prior trading day, Wheaton Precious Metals Corp (NYSE: WPM) closed at $52.67, up 2.75%. In other words, the price has increased by $2.75 from its previous closing price. On the day, 2.75 million shares were traded. WPM stock price reached its highest trading level at $53.285 during the session, while it also had its lowest trading level at $51.43.
Ratios:
Our goal is to gain a better understanding of WPM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 43.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 271.49. For the most recent quarter (mrq), Quick Ratio is recorded 21.71 and its Current Ratio is at 21.76. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On February 29, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $49.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WPM now has a Market Capitalization of 23866935296 and an Enterprise Value of 23322859520. As of this moment, Wheaton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.42, and their Forward P/E ratio for the next fiscal year is 36.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.50 while its Price-to-Book (P/B) ratio in mrq is 3.42. Its current Enterprise Value per Revenue stands at 22.955 whereas that against EBITDA is 32.017.
Stock Price History:
The Beta on a monthly basis for WPM is 0.76, which has changed by 0.0668422 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, WPM has reached a high of $54.30, while it has fallen to a 52-week low of $38.37. The 50-Day Moving Average of the stock is 15.76%, while the 200-Day Moving Average is calculated to be 17.39%.
Shares Statistics:
The stock has traded on average 2.24M shares per day over the past 3-months and 2647650 shares per day over the last 10 days, according to various share statistics. A total of 453.07M shares are outstanding, with a floating share count of 452.54M. Insiders hold about 0.17% of the company’s shares, while institutions hold 67.79% stake in the company. Shares short for WPM as of 1711584000 were 15671806 with a Short Ratio of 6.98, compared to 1709164800 on 14033154.
Dividends & Splits
In the trailing 12 months, WPM’s forward annual dividend rate was 0.6, compared to 0.60 this year. The stock’s 5-year Average Dividend Yield is 1.29.
Earnings Estimates
The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.29 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.25, while EPS last year was $0.23. The consensus estimate for the next quarter is $0.27, with high estimates of $0.29 and low estimates of $0.24.
Analysts are recommending an EPS of between $1.22 and $0.86 for the fiscal current year, implying an average EPS of $1.06. EPS for the following year is $1.32, with 11 analysts recommending between $1.55 and $1.
Revenue Estimates
2 analysts predict $292M in revenue for the current quarter. It ranges from a high estimate of $309M to a low estimate of $275M. As of the current estimate, Wheaton Precious Metals Corp’s year-ago sales were $214.47M, an estimated increase of 36.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $306M, an increase of 26.10% less than the figure of $36.20% in the same quarter last year. There is a high estimate of $306M for the next quarter, whereas the lowest estimate is $306M.
A total of 12 analysts have provided revenue estimates for WPM’s current fiscal year. The highest revenue estimate was $1.45B, while the lowest revenue estimate was $1.07B, resulting in an average revenue estimate of $1.17B. In the same quarter a year ago, actual revenue was $1.02B, up 15.20% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $1.36B in the next fiscal year. The high estimate is $1.54B and the low estimate is $1.23B. The average revenue growth estimate for next year is up 16.60% from the average revenue estimate for this year.
