A new trading day began on Friday, with Wheaton Precious Metals Corp (NYSE: WPM) stock price down -3.24% from the previous day of trading, before settling in for the closing price of $90.25. WPM’s price has ranged from $51.96 to $95.23 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 43.30% over the past five years. Meanwhile, its annual earnings per share averaged 58.19%. With a float of $453.29 million, this company’s outstanding shares have now reached $453.81 million.
Let’s look at the performance matrix of the company that is accounted for 44 employees. In terms of profitability, gross margin is 69.85%, operating margin of 51.66%, and the pretax margin is 53.29%.
Wheaton Precious Metals Corp (WPM) Insider Updates
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 0.12%, while institutional ownership is 65.60%.
Wheaton Precious Metals Corp (WPM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 58.19% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.75% 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
Here are Wheaton Precious Metals Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 11.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 27.18. Likewise, its price to free cash flow for the trailing twelve months is 44.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.36, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.31 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 1.89 million, a positive change from its year-to-date volume of 1.86 million. As of the previous 9 days, the stock’s Stochastic %D was 42.57%.
During the past 100 days, Wheaton Precious Metals Corp’s (WPM) raw stochastic average was set at 75.33%, which indicates a significant increase from 17.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.61% in the past 14 days, which was lower than the 36.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $85.68, while its 200-day Moving Average is $70.14. Nevertheless, the first resistance level for the watch stands at $88.14 in the near term. At $88.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $89.73. If the price goes on to break the first support level at $86.54, it is likely to go to the next support level at $85.76. Assuming the price breaks the second support level, the third support level stands at $84.95.
Wheaton Precious Metals Corp (NYSE: WPM) Key Stats
With a market capitalization of 39.63 billion, the company has a total of 453,932K Shares Outstanding. Currently, annual sales are 1,285 M while annual income is 529,140 K. The company’s previous quarter sales were 470,410 K while its latest quarter income was 253,980 K.
