Wheaton Precious Metals (WPM) to Release Earnings on Thursday

Wheaton Precious Metals (NYSE:WPM) is anticipated to announce its earnings results before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of $0.45 per share and revenue of $395.74 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Wheaton Precious Metals Trading Up 2.8 %

Shares of Wheaton Precious Metals stock opened at $70.94 on Thursday. The firm has a market capitalization of $32.18 billion, a PE ratio of 52.94, a price-to-earnings-growth ratio of 1.91 and a beta of 0.76. The business’s 50-day moving average price is $62.43 and its 200-day moving average price is $62.15. Wheaton Precious Metals has a 12 month low of $43.10 and a 12 month high of $71.01.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Stifel Canada upgraded Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. TD Securities increased their target price on Wheaton Precious Metals from $74.00 to $75.00 and gave the company a “buy” rating in a report on Friday, November 8th. Finally, UBS Group assumed coverage on Wheaton Precious Metals in a report on Monday, November 18th. They set a “buy” rating and a $78.00 target price for the company. Nine equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $71.67.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.