Wheaton Precious Metals Corp (NYSE: WPM) has a price-to-earnings ratio of 45.92x that is above its average ratio. Additionally, the 36-month beta value for WPM is 0.75. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for WPM is 452.67M and currently, short sellers hold a 2.98% ratio of that float. The average trading volume of WPM on August 01, 2024 was 1.46M shares.
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
WPM) stock’s latest price update
Wheaton Precious Metals Corp (NYSE: WPM)’s stock price has plunge by 1.49relation to previous closing price of 58.88. Nevertheless, the company has seen a -0.30% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-07-31 that Wheaton Precious Metals (WPM) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WPM’s Market Performance
WPM’s stock has fallen by -0.30% in the past week, with a monthly rise of 14.83% and a quarterly rise of 14.61%. The volatility ratio for the week is 2.03% while the volatility levels for the last 30 days are 2.35% for Wheaton Precious Metals Corp The simple moving average for the last 20 days is 2.05% for WPM stock, with a simple moving average of 20.99% for the last 200 days.
Analysts’ Opinion of WPM
Jefferies, on the other hand, stated in their research note that they expect to see WPM reach a price target of $49. The rating they have provided for WPM stocks is “Buy” according to the report published on February 29th, 2024.
WPM Trading at 6.62% from the 50-Day Moving Average
After a stumble in the market that brought WPM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.23% of loss for the given period.
Volatility was left at 2.35%, however, over the last 30 days, the volatility rate increased by 2.03%, as shares surge +13.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.82% upper at present.
During the last 5 trading sessions, WPM fell by -0.30%, which changed the moving average for the period of 200-days by +46.83% in comparison to the 20-day moving average, which settled at $58.92. In addition, Wheaton Precious Metals Corp saw 21.12% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WPM
Current profitability levels for the company are sitting at:
- 0.52 for the present operating margin
- 0.57 for the gross margin
The net margin for Wheaton Precious Metals Corp stands at 0.53. The total capital return value is set at 0.08. Equity return is now at value 8.50, with 8.37 for asset returns.
Based on Wheaton Precious Metals Corp (WPM), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 141.58. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 2168.28.
Currently, EBITDA for the company is 741.82 million with net debt to EBITDA at -0.36. When we switch over and look at the enterprise to sales, we see a ratio of 24.23. The receivables turnover for the company is 97.39for trailing twelve months and the total asset turnover is 0.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.65.
Conclusion
In conclusion, Wheaton Precious Metals Corp (WPM) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
