FY2024 EPS Estimates for TSE:WPM Decreased by Raymond James

Wheaton Precious Metals Corp. (TSE:WPM) – Equities researchers at Raymond James dropped their FY2024 EPS estimates for Wheaton Precious Metals in a research note issued on Wednesday, February 19th. Raymond James analyst B. Macarthur now forecasts that the company will earn $1.97 per share for the year, down from their previous estimate of $2.06. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Raymond James also issued estimates for Wheaton Precious Metals’ Q4 2024 earnings at $0.60 EPS, Q1 2025 earnings at $0.62 EPS, Q3 2025 earnings at $0.67 EPS and FY2025 earnings at $2.57 EPS.

Several other brokerages also recently commented on WPM. Stifel Canada upgraded Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. UBS Group raised Wheaton Precious Metals to a “strong-buy” rating in a research report on Monday, November 18th. Four research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$97.67.

Wheaton Precious Metals Stock Down 2.3 %

Shares of WPM opened at C$96.86 on Friday. Wheaton Precious Metals has a twelve month low of C$52.15 and a twelve month high of C$99.79. The company has a market capitalization of C$30.72 billion, a P/E ratio of 50.40 and a beta of 0.70. The firm has a 50 day moving average of C$87.41 and a 200 day moving average of C$85.76.

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.