Insider’s View: Deciphering Wheaton Precious Metals Corp (WPM)’s Financial Health Through Ratios

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Wheaton Precious Metals Corp (NYSE: WPM) closed at $52.79 in the last session, down -4.16% from day before closing price of $55.08. In other words, the price has decreased by -$4.16 from its previous closing price. On the day, 2.11 million shares were traded. WPM stock price reached its highest trading level at $54.41 during the session, while it also had its lowest trading level at $52.23.

Ratios:

We take a closer look at WPM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.65 and its Current Ratio is at 3.65. 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 23965446144 and an Enterprise Value of 23630387200. As of this moment, Wheaton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.57, and their Forward P/E ratio for the next fiscal year is 34.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.79 while its Price-to-Book (P/B) ratio in mrq is 3.38. Its current Enterprise Value per Revenue stands at 21.514 whereas that against EBITDA is 29.285.

Stock Price History:

Over the past 52 weeks, WPM has reached a high of $57.87, while it has fallen to a 52-week low of $38.37. The 50-Day Moving Average of the stock is 0.06%, while the 200-Day Moving Average is calculated to be 13.12%.

Shares Statistics:

According to the various share statistics, WPM traded on average about 1.99M shares per day over the past 3-months and 1607490 shares per day over the past 10 days. A total of 453.07M shares are outstanding, with a floating share count of 452.66M. Insiders hold about 0.15% of the company’s shares, while institutions hold 66.85% stake in the company. Shares short for WPM as of 1715731200 were 19274890 with a Short Ratio of 9.71, compared to 1713139200 on 19238534.

Dividends & Splits

The forward annual dividend rate for WPM is 0.61, which was 0.605 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.010984023The stock’s 5-year Average Dividend Yield is 1.27.

Most Popular