Wheaton Precious Metals Corp (NYSE: WPM) kicked off on Friday, down -9.68% from the previous trading day, before settling in for the closing price of $78.50. Over the past 52 weeks, WPM has traded in a range of $49.41-$80.43.
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Annual sales at Basic Materials sector company grew by 9.47% over the past five years. While this was happening, its average annual earnings per share was recorded 44.61%. With a float of $453.12 million, this company’s outstanding shares have now reached $453.68 million.
In terms of profitability, gross margin is 67.79%, operating margin of 48.45%, and the pretax margin is 50.15%.
Wheaton Precious Metals Corp (WPM) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of Wheaton Precious Metals Corp is 0.12%, while institutional ownership is 65.13%.
Wheaton Precious Metals Corp (WPM) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.73% during the next five years compared to 43.30% growth over the previous five years of trading.
Wheaton Precious Metals Corp (NYSE: WPM) Trading Performance Indicators
Take a look at Wheaton Precious Metals Corp’s (WPM) current performance indicators. Last quarter, stock had a quick ratio of 28.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 25.04. Likewise, its price to free cash flow for the trailing twelve months is 81.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.17, a number that is poised to hit 0.50 in the next quarter and is forecasted to reach 2.04 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 2.69 million, a positive change from its year-to-date volume of 1.7 million. As of the previous 9 days, the stock’s Stochastic %D was 54.29%. Additionally, its Average True Range was 2.67.
During the past 100 days, Wheaton Precious Metals Corp’s (WPM) raw stochastic average was set at 61.83%, which indicates a significant increase from 0.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.98% in the past 14 days, which was higher than the 33.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $70.00, while its 200-day Moving Average is $62.51. Nevertheless, the first resistance level for the watch stands at $75.07 in the near term. At $79.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $81.35. If the price goes on to break the first support level at $68.79, it is likely to go to the next support level at $66.68. Assuming the price breaks the second support level, the third support level stands at $62.51.
Wheaton Precious Metals Corp (NYSE: WPM) Key Stats
The company with the Market Capitalisation of 32.17 billion has total of 453,677K Shares Outstanding. Its annual sales at the moment are 1,285 M in contrast with the sum of 529,140 K annual income. Company’s last quarter sales were recorded 380,520 K and last quarter income was 88,150 K.
