A new trading data show Wheaton Precious Metals Corp (WPM) is showing positive returns.

With 1.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.58 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $60.08 whereas the lowest price it dropped to was $58.28. The 52-week range on WPM shows that it touched its highest point at $68.64 and its lowest point at $38.57 during that stretch. It currently has a 1-year price target of $74.38. With its current market cap of 37.69 billion, WPM has annualized dividend of $0.61 while the current yield stands at 1.04%. Beta for the stock currently stands at 0.74.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WPM was down-trending over the past week, with a drop of -7.89%, but this was down by -5.44% over a month. Three-month performance surged to 0.47% while six-month performance rose 6.27%. The stock gained 32.34% in the past year, while it has gained 20.25% so far this year. A look at the trailing 12-month EPS for WPM yields 1.34 with Next year EPS estimates of 1.84. For the next quarter, that number is 0.46. This implies an EPS growth rate of 22.21% for this year and 27.85% for next year. EPS is expected to grow by 19.03% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.27%.

Float and Shares Shorts:

At present, 453.07 million WPM shares are outstanding with a float of 452.99 million shares on hand for trading. On 2024-10-31, short shares totaled 8.24 million, which was 182.0 higher than short shares on 1727654400. In addition to Mr. Randy V. J. Smallwood P.Eng. as the firm’s President, CEO & Director, Mr. Gary D. Brown CA, CFA serves as its Senior VP & CFO.

Institutional Ownership:

Through their ownership of 0.70432997 of WPM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, WPM reported revenue of $308253000.0 and operating income of $178297000.0. The EBITDA in the recently reported quarter was $237277000.0 and diluted EPS was $0.34.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WPM since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With WPM analysts setting a high price target of 82.0 and a low target of 60.0, the average target price over the next 12 months is 74.15444. Based on these targets, WPM could surge 38.21% to reach the target high and rise by 1.13% to reach the target low. Reaching the average price target will result in a growth of 24.99% from current levels.

Analysts have provided yearly estimates in a range of $1.5283 being high and $1.32852 being low. For WPM, this leads to a yearly average estimate of $1.4384.