As of close of business last night, Wheaton Precious Metals Corp.’s stock clocked out at 31.42, down -0.82% from its previous closing price of $31.68. In other words, the price has decreased by $-0.26 from its previous closing price. On the day, 1952862 shares were traded. WPM reached its highest trading level at $32.37 during the session, while it also had its lowest trading level at $31.29.
To gain a deeper understanding of WPM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.04. For the most recent quarter (mrq), Quick Ratio is recorded 21.30 and its Current Ratio is at 21.30. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
On September 24, 2021, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $47.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on March 08, 2021, while the target price for the stock was maintained at $51.
As of this moment, Wheaton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.36, and their Forward P/E ratio for the next fiscal year is 24.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.10 while its Price-to-Book (P/B) ratio in mrq is 2.21.
Stock Price History:
Over the past 52 weeks, WPM has reached a high of $51.90, while it has fallen to a 52-week low of $29.66. The 50-Day Moving Average of the stock is 32.71, while the 200-Day Moving Average is calculated to be 40.25.
It appears that WPM traded 2.71M shares on average per day over the past three months and 2.48M shares per day over the past ten days. A total of 451.52M shares are outstanding, with a floating share count of 449.83M. Insiders hold about 0.20% of the company’s shares, while institutions hold 64.10% stake in the company. Shares short for WPM as of Jul 14, 2022 were 13.53M with a Short Ratio of 4.99, compared to 10.39M on Jun 14, 2022.
Dividends & Splits
With its trailing 12-month dividend rate of 0.42, WPM has a forward annual dividend rate of 0.60. Against a Trailing Annual Dividend Yield of 1.33%, it implies a Forward Annual Dividend Yield of 1.75%. The stock’s 5-year Average Dividend Yield is 1.39.
As of right now, 11 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.35 for the current quarter, with a high estimate of $0.42 and a low estimate of $0.32, while EPS last year was $0.36. The consensus estimate for the next quarter is $0.35, with high estimates of $0.39 and low estimates of $0.29.
Analysts are recommending an EPS of between $1.55 and $1.25 for the fiscal current year, implying an average EPS of $1.42. EPS for the following year is $1.46, with 16 analysts recommending between $1.74 and $1.17.
A total of 14 analysts have provided revenue estimates for WPM’s current fiscal year. The highest revenue estimate was $1.4B, while the lowest revenue estimate was $1.09B, resulting in an average revenue estimate of $1.24B. In the same quarter a year ago, actual revenue was $1.2B, up 3.40% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.36B in the next fiscal year. The high estimate is $1.5B and the low estimate is $1.23B. The average revenue growth estimate for next year is up 9.70% from the average revenue estimate for this year.