Wheaton Precious Metals Corp (NYSE: WPM) on Tuesday, soared 1.97% from the previous trading day, before settling in for the closing price of $69.70. Within the past 52 weeks, WPM’s price has moved between $43.18 and $71.81.
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Basic Materials Sector giant saw their annual sales surged by 5.23% over the last five years. The company achieved an average annual earnings per share of 22.45%. With a float of $453.12 million, this company’s outstanding shares have now reached $453.67 million.
The firm has a total of 41 workers. Let’s measure their productivity. 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
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 65.23%.
Wheaton Precious Metals Corp (WPM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.41% 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 26.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.34, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 1.90 in one year’s time.
Technical Analysis of Wheaton Precious Metals Corp (WPM)
Analysing the last 5-days average volume posted by the [Wheaton Precious Metals Corp, WPM], we can find that recorded value of 1.72 million was better than the volume posted last year of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 71.84%. Additionally, its Average True Range was 2.01.
During the past 100 days, Wheaton Precious Metals Corp’s (WPM) raw stochastic average was set at 94.38%, which indicates a significant increase from 82.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.55% in the past 14 days, which was lower than the 31.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.54, while its 200-day Moving Average is $60.64. Now, the first resistance to watch is $72.03. This is followed by the second major resistance level at $73.00. The third major resistance level sits at $74.00. If the price goes on to break the first support level at $70.07, it is likely to go to the next support level at $69.07. Should the price break the second support level, the third support level stands at $68.11.
Wheaton Precious Metals Corp (NYSE: WPM) Key Stats
Market capitalization of the company is 32.24 billion based on 453,677K 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.
