At the time of writing, Wheaton Precious Metals Corp [WPM] stock is trading at $85.76, up 2.83%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The WPM shares have gain 4.80% over the last week, with a monthly amount glided 20.96%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, UBS started tracking the stock with Buy rating on November 18, 2024, and set its price target to $78. On October 10, 2024, upgrade upgraded it’s rating to Outperform. TD Securities upgraded its rating to a Buy. Jefferies initiated its recommendation with a Buy and recommended $49 as its price target on February 29, 2024. TD Securities downgraded its rating to Hold for this stock on February 21, 2024. In a note dated February 21, 2024, National Bank Financial downgraded an Sector Perform rating on this stock.
For the past year, the stock price of Wheaton Precious Metals Corp fluctuated between $51.96 and $87.42. Currently, Wall Street analysts expect the stock to reach $98.67 within the next 12 months. Wheaton Precious Metals Corp [NYSE: WPM] shares were valued at $85.76 at the most recent close of the market. An investor can expect a potential return of 15.05% based on the average WPM price forecast.
Analyzing the WPM fundamentals
According to Wheaton Precious Metals Corp [NYSE:WPM], the company’s sales were 1.28B for trailing twelve months, which represents an 21.39% jump. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.48%, Pretax Profit Margin comes in at 0.5%, and Net Profit Margin reading is 0.41%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.07 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 84.39 points at the first support level, and at 83.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 86.50, and for the 2nd resistance point, it is at 87.25.
Ratios To Look Out For
It is important to note that Wheaton Precious Metals Corp [NYSE:WPM] has a current ratio of 28.07. Further, the Quick Ratio stands at 28.07, while the Cash Ratio is 27.73. Considering the valuation of this stock, the price to sales ratio is 30.29, the price to book ratio is 5.36 and price to earnings (TTM) ratio is 73.59.
