Wheaton Precious Metals Corp (NYSE: WPM) has a higher price-to-earnings ratio of 43.97x compared to its average ratio, The 36-month beta value for WPM is at 0.75. 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 November 14, 2024 was 1.63M 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) has experienced a decline in its stock price by -1.09 compared to its previous closing price of 59.69. However, the company has seen a fall of -5.91% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-13 that In an unpredictable market, finding reliable dividend growth is a challenge. This article zeroes in on three stocks that offer standout value and growth potential. Each stock has been selected for its resilience and strong fundamentals, even in a fluctuating economic landscape, giving dividend investors a stable edge. With these picks, investors can balance value with growth in today’s market, making them smart, dependable options for long-term dividend strategies.
WPM’s Market Performance
WPM’s stock has fallen by -5.91% in the past week, with a monthly drop of -4.40% and a quarterly rise of 2.20%. The volatility ratio for the week is 3.27% while the volatility levels for the last 30 days are 2.56% for Wheaton Precious Metals Corp. The simple moving average for the past 20 days is -9.26% for WPM’s stock, with a 7.20% 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 -5.92% 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 -13.98% of loss for the given period.
Volatility was left at 2.56%, however, over the last 30 days, the volatility rate increased by 3.27%, as shares sank -5.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.07% lower at present.
During the last 5 trading sessions, WPM fell by -5.91%, which changed the moving average for the period of 200-days by +24.56% in comparison to the 20-day moving average, which settled at $65.06. In addition, Wheaton Precious Metals Corp saw 19.66% 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 8.64, with 8.54 for asset returns.
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 23.03. The receivables turnover for the company is 130.96for 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 25.71.
Conclusion
In conclusion, Wheaton Precious Metals Corp (WPM) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
