A share price of Wheaton Precious Metals Corp [WPM] is currently trading at $100.69, up 0.90%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WPM shares have gain 9.33% over the last week, with a monthly amount glided 12.01%, 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.
Wheaton Precious Metals Corp experienced fluctuations in its stock price throughout the past year between $53.60 and $100.53. 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 $100.69 at the most recent close of the market. An investor can expect a potential drop of -2.01% based on the average WPM price forecast.
Analyzing the WPM fundamentals
Trailing Twelve Months sales for Wheaton Precious Metals Corp [NYSE:WPM] were 1.66B which represents 68.26% growth. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at 0.52%, Pretax Profit Margin comes in at 0.53%, and Net Profit Margin reading is 0.42%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.08 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Wheaton Precious Metals Corp [NYSE:WPM] is 7.38. Also, the Quick Ratio is 7.38, while the Cash Ratio stands at 11.26. Considering the valuation of this stock, the price to sales ratio is 27.50, the price to book ratio is 5.92 and price to earnings (TTM) ratio is 58.00.
