A new trading day began on Tuesday, with Wheaton Precious Metals Corp (NYSE: WPM) stock price up 2.64% from the previous day of trading, before settling in for the closing price of $61.48. WPM’s price has ranged from $38.57 to $68.64 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 5.88%. Meanwhile, its annual earnings per share averaged 22.95%. With a float of $453.02 million, this company’s outstanding shares have now reached $453.67 million.
Let’s determine the extent of company efficiency that accounts for 41 employees. In terms of profitability, gross margin is 60.04%, operating margin of 54.7%, and the pretax margin is 56.17%.
Wheaton Precious Metals Corp (WPM) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of Wheaton Precious Metals Corp is 0.14%, while institutional ownership is 65.95%.
Wheaton Precious Metals Corp (WPM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 22.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.73% during the next five years compared to 4.27% growth over the previous five years of trading.
Wheaton Precious Metals Corp (NYSE: WPM) Trading Performance Indicators
Here are Wheaton Precious Metals Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 25.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 23.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.34, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 1.90 in one year’s time.
Technical Analysis of Wheaton Precious Metals Corp (WPM)
Looking closely at Wheaton Precious Metals Corp (NYSE: WPM), its last 5-days average volume was 1.03 million, which is a drop from its year-to-date volume of 1.78 million. As of the previous 9 days, the stock’s Stochastic %D was 50.06%. Additionally, its Average True Range was 1.65.
During the past 100 days, Wheaton Precious Metals Corp’s (WPM) raw stochastic average was set at 64.48%, which indicates a significant decrease from 83.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.10% in the past 14 days, which was higher than the 29.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.00, while its 200-day Moving Average is $56.12. However, in the short run, Wheaton Precious Metals Corp’s stock first resistance to watch stands at $63.80. Second resistance stands at $64.50. The third major resistance level sits at $65.40. If the price goes on to break the first support level at $62.20, it is likely to go to the next support level at $61.30. Should the price break the second support level, the third support level stands at $60.60.
Wheaton Precious Metals Corp (NYSE: WPM) Key Stats
With a market capitalization of 28.63 billion, the company has a total of 453,668K Shares Outstanding. Currently, annual sales are 1,016 M while annual income is 537,640 K. The company’s previous quarter sales were 308,250 K while its latest quarter income was 154,640 K.
