Wheaton Precious Metals Corp (NYSE: WPM) on Tuesday, soared 0.10% from the previous trading day, before settling in for the closing price of $57.31. Within the past 52 weeks, WPM’s price has moved between $38.57 and $68.64.
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Annual sales at Basic Materials sector company grew by 5.88% over the past five years. The company achieved an average annual earnings per share of 22.58%. With a float of $453.11 million, this company’s outstanding shares have now reached $453.67 million.
Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of Wheaton Precious Metals Corp is 0.12%, while institutional ownership is 65.91%.
Wheaton Precious Metals Corp (WPM) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.10% 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
Wheaton Precious Metals Corp (WPM) is currently performing well based on its current performance indicators. A quick ratio of 25.71 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 21.38.
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)
Wheaton Precious Metals Corp (NYSE: WPM) saw its 5-day average volume 1.67 million, a negative change from its year-to-date volume of 1.76 million. As of the previous 9 days, the stock’s Stochastic %D was 11.35%. Additionally, its Average True Range was 1.60.
During the past 100 days, Wheaton Precious Metals Corp’s (WPM) raw stochastic average was set at 27.72%, which indicates a significant increase from 13.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.46% in the past 14 days, which was higher than the 30.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $62.64, while its 200-day Moving Average is $57.49. Nevertheless, the first resistance level for the watch stands at $57.68 in the near term. At $57.98, the stock is likely to face the second major resistance level. The third major resistance level sits at $58.37. If the price goes on to break the first support level at $56.99, it is likely to go to the next support level at $56.60. The third support level lies at $56.30 if the price breaches the second support level.
Wheaton Precious Metals Corp (NYSE: WPM) Key Stats
Market capitalization of the company is 26.03 billion based on 453,668K outstanding shares. Right now, sales total 1,016 M and income totals 537,640 K. The company made 308,250 K in profit during its latest quarter, and 154,640 K in sales during its previous quarter.
