After finishing at $47.79 in the prior trading day, Wheaton Precious Metals Corp. (NYSE: WPM) closed at $46.13, down -3.47%. In other words, the price has decreased by -$1.66 from its previous closing price. On the day, 2217303 shares were traded. WPM stock price reached its highest trading level at $47.40 during the session, while it also had its lowest trading level at $46.08.
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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 25.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.93. For the most recent quarter (mrq), Quick Ratio is recorded 9.50 and its Current Ratio is at 9.60. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
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 23.33B and an Enterprise Value of 22.63B. As of this moment, Wheaton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.50, and their Forward P/E ratio for the next fiscal year is 32.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.38 while its Price-to-Book (P/B) ratio in mrq is 3.06. Its current Enterprise Value per Revenue stands at 23.28 whereas that against EBITDA is 27.02.
Stock Price History:
Over the past 52 weeks, WPM has reached a high of $52.76, while it has fallen to a 52-week low of $28.62. The 50-Day Moving Average of the stock is 48.83, while the 200-Day Moving Average is calculated to be 40.18.
Shares Statistics:
The stock has traded on average 2.37M shares per day over the past 3-months and 1.58M shares per day over the last 10 days, according to various share statistics. A total of 452.37M shares are outstanding, with a floating share count of 450.01M. 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 Apr 27, 2023 were 13.39M with a Short Ratio of 13.39M, compared to 13.86M on Mar 30, 2023.
Dividends & Splits
In the trailing 12 months, WPM’s forward annual dividend rate was 0.60, compared to 0.60 this year. Against a Trailing Annual Dividend Yield of 1.26%, it implies a Forward Annual Dividend Yield of 1.26%. The stock’s 5-year Average Dividend Yield is 1.39.
Earnings Estimates
Its stock is currently analyzed by 12 different market analysts. On average, analysts expect EPS of $0.3 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.27, while EPS last year was $0.33. The consensus estimate for the next quarter is $0.33, with high estimates of $0.39 and low estimates of $0.25.
Analysts are recommending an EPS of between $1.37 and $1.03 for the fiscal current year, implying an average EPS of $1.21. EPS for the following year is $1.4, with 15 analysts recommending between $1.71 and $0.8.
Revenue Estimates
4 analysts predict $270.83M in revenue for the current quarter. It ranges from a high estimate of $280.98M to a low estimate of $252M. As of the current estimate, Wheaton Precious Metals Corp.’s year-ago sales were $302.92M, an estimated decrease of -10.60% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $306.68M, an increase of 40.10% over than the figure of -$10.60% in the same quarter last year. There is a high estimate of $308M for the next quarter, whereas the lowest estimate is $305.42M.
A total of 13 analysts have provided revenue estimates for WPM’s current fiscal year. The highest revenue estimate was $1.2B, while the lowest revenue estimate was $1.02B, resulting in an average revenue estimate of $1.09B. In the same quarter a year ago, actual revenue was $1.07B, up 2.40% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.34B in the next fiscal year. The high estimate is $1.53B and the low estimate is $1.25B. The average revenue growth estimate for next year is up 23.20% from the average revenue estimate for this year.