Wheaton Precious Metals Corp (NYSE: WPM) has a price-to-earnings ratio that is above its average at 46.22x. The stock has a 36-month beta value of 0.79. Opinions on the stock are mixed, with 9 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for WPM is 452.67M, and at present, short sellers hold a 2.98% of that float. On August 14, 2024, the average trading volume of WPM was 1.48M shares.
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WPM) stock’s latest price update
Wheaton Precious Metals Corp (NYSE: WPM)’s stock price has plunge by 1.78relation to previous closing price of 57.17. Nevertheless, the company has seen a 5.78% surge in its stock price over the last five trading sessions. investorplace.com reported 2024-08-12 that Following the severe market falloff that began last month but accelerated this month, investors may want to consider the inherent comfort of stable dividend stocks. No, these ideas aren’t the most glamorous in the world – far from it.
WPM’s Market Performance
Wheaton Precious Metals Corp (WPM) has seen a 5.78% rise in stock performance for the week, with a -2.19% decline in the past month and a 6.63% surge in the past quarter. The volatility ratio for the week is 3.36%, and the volatility levels for the past 30 days are at 3.05% for WPM. The simple moving average for the past 20 days is -0.28% for WPM’s stock, with a 16.37% simple moving average for the past 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 3.93% 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 -7.72% of loss for the given period.
Volatility was left at 3.05%, however, over the last 30 days, the volatility rate increased by 3.36%, as shares sank -6.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.59% upper at present.
During the last 5 trading sessions, WPM rose by +5.78%, which changed the moving average for the period of 200-days by +33.92% in comparison to the 20-day moving average, which settled at $58.16. In addition, Wheaton Precious Metals Corp saw 17.94% 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:
- 0.53 for the present operating margin
- 0.58 for the gross margin
The net margin for Wheaton Precious Metals Corp stands at 0.5. The total capital return value is set at 0.08. Equity return is now at value 8.16, with 8.08 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 152.11. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 397.51.
Currently, EBITDA for the company is 741.82 million with net debt to EBITDA at -0.62. When we switch over and look at the enterprise to sales, we see a ratio of 22.68. The receivables turnover for the company is 80.29for trailing twelve months and the total asset turnover is 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 26.86.
Conclusion
To sum up, Wheaton Precious Metals Corp (WPM) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
