On Tuesday, Wheaton Precious Metals Corp (NYSE: WPM) opened lower -0.83% from the last session, before settling in for the closing price of $91.37. Price fluctuations for WPM have ranged from $53.05 to $95.23 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 43.30% annually for the last half of the decade. Company’s average yearly earnings per share was noted 62.86% at the time writing. With a float of $453.42 million, this company’s outstanding shares have now reached $453.81 million.
In an organization with 44 employees, it is important to assess its efficiency. 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
A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of Wheaton Precious Metals Corp is 0.12%, while institutional ownership is 65.01%.
Wheaton Precious Metals Corp (WPM) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 62.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.09% 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
Check out the current performance indicators for Wheaton Precious Metals Corp (WPM). In the past quarter, the stock posted a quick ratio of 11.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 28.21. Likewise, its price to free cash flow for the trailing twelve months is 45.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.36, a number that is poised to hit 0.55 in the next quarter and is forecasted to reach 2.41 in one year’s time.
Technical Analysis of Wheaton Precious Metals Corp (WPM)
Let’s dig in a bit further. During the last 5-days, its volume was 1.86 million. That was better than the volume of 1.85 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 72.27%.
During the past 100 days, Wheaton Precious Metals Corp’s (WPM) raw stochastic average was set at 83.81%, which indicates a significant increase from 65.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.61 in the past 14 days, which was higher than the 2.34 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $87.27, while its 200-day Moving Average is $71.70. However, in the short run, Wheaton Precious Metals Corp’s stock first resistance to watch stands at $91.90. Second resistance stands at $93.20. The third major resistance level sits at $94.61. If the price goes on to break the first support level at $89.20, it is likely to go to the next support level at $87.79. Assuming the price breaks the second support level, the third support level stands at $86.49.
Wheaton Precious Metals Corp (NYSE: WPM) Key Stats
There are currently 453,954K shares outstanding in the company with a market cap of 41.13 billion. Presently, the company’s annual sales total 1,285 M according to its annual income of 529,140 K. Last quarter, the company’s sales amounted to 470,410 K and its income totaled 253,980 K.
