Wheaton Precious Metals Corp (NYSE: WPM) has a higher price-to-earnings ratio of 54.44x compared to its average ratio, The 36-month beta value for WPM is at 0.78. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for WPM is 452.99M, and currently, shorts hold a 1.71% of that float. The average trading volume for WPM on October 23, 2024 was 1.51M shares.
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WPM) stock’s latest price update
Wheaton Precious Metals Corp (NYSE: WPM)’s stock price has soared by 2.45 in relation to previous closing price of 66.89. Nevertheless, the company has seen a gain of 10.96% in its stock price over the last five trading days. zacks.com reported 2024-10-10 that Wheaton Precious Metals (WPM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
WPM’s Market Performance
Wheaton Precious Metals Corp (WPM) has seen a 10.96% rise in stock performance for the week, with a 10.12% gain in the past month and a 14.33% surge in the past quarter. The volatility ratio for the week is 2.52%, and the volatility levels for the past 30 days are at 2.27% for WPM. The simple moving average for the past 20 days is 9.90% for WPM’s stock, with a 27.69% simple moving average for the past 200 days.
Analysts’ Opinion of WPM
Jefferies gave a rating of “Buy” to WPM, setting the target price at $49 in the report published on February 29th of the current year.
WPM Trading at 11.59% 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 able to rebound, for now settling with 0.35% of gains for the given period.
Volatility was left at 2.27%, however, over the last 30 days, the volatility rate increased by 2.52%, as shares surge +7.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.87% upper at present.
During the last 5 trading sessions, WPM rose by +10.96%, which changed the moving average for the period of 200-days by +43.91% in comparison to the 20-day moving average, which settled at $62.36. In addition, Wheaton Precious Metals Corp saw 38.89% 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 2022.95.
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 26.81. 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
In conclusion, Wheaton Precious Metals Corp (WPM) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
