Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The closing price of Wheaton Precious Metals Corp (NYSE: WPM) was $52.56 for the day, up 0.15% from the previous closing price of $52.48. In other words, the price has increased by $0.15 from its previous closing price. On the day, 1.62 million shares were traded. WPM stock price reached its highest trading level at $52.7298 during the session, while it also had its lowest trading level at $51.73.
Ratios:
Our analysis of WPM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 43.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 270.92. 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 23877115904 and an Enterprise Value of 23273021440. As of this moment, Wheaton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.33, and their Forward P/E ratio for the next fiscal year is 35.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.45 while its Price-to-Book (P/B) ratio in mrq is 3.41. Its current Enterprise Value per Revenue stands at 22.906 whereas that against EBITDA is 31.948.
Stock Price History:
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 13.99%, while the 200-Day Moving Average is calculated to be 16.50%.
Shares Statistics:
WPM traded an average of 2.29M shares per day over the past three months and 2332400 shares per day over the past ten days. 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 67.00% stake in the company. Shares short for WPM as of 1711584000 were 15671806 with a Short Ratio of 6.86, compared to 1709164800 on 14033154.
Dividends & Splits
With its trailing 12-month dividend rate of 0.6, WPM has a forward annual dividend rate of 0.60. Against a Trailing Annual Dividend Yield of 0.011432927The stock’s 5-year Average Dividend Yield is 1.29.
