Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) – Investment analysts at National Bank Financial upped their FY2025 EPS estimates for shares of Wheaton Precious Metals in a note issued to investors on Wednesday, February 19th. National Bank Financial analyst S. Nagle now expects that the company will post earnings of $1.75 per share for the year, up from their previous estimate of $1.67. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share.
Other equities analysts have also recently issued reports about the stock. UBS Group began coverage on shares of Wheaton Precious Metals in a research report on Monday, November 18th. They set a “buy” rating and a $78.00 price objective on the stock. TD Securities lifted their target price on shares of Wheaton Precious Metals from $74.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Finally, Stifel Canada raised shares of Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. Nine investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $71.67.
Wheaton Precious Metals Stock Performance
NYSE WPM opened at $68.01 on Friday. Wheaton Precious Metals has a twelve month low of $38.57 and a twelve month high of $70.31. The stock has a market cap of $30.85 billion, a price-to-earnings ratio of 50.75, a PEG ratio of 1.91 and a beta of 0.77. The firm’s 50 day moving average price is $60.89 and its two-hundred day moving average price is $61.51.
Institutional Investors Weigh In On Wheaton Precious Metals
Several institutional investors and hedge funds have recently modified their holdings of the business. Fielder Capital Group LLC lifted its stake in shares of Wheaton Precious Metals by 0.7% in the 4th quarter. Fielder Capital Group LLC now owns 24,701 shares of the company’s stock valued at $1,389,000 after purchasing an additional 176 shares during the last quarter. Signaturefd LLC lifted its stake in shares of Wheaton Precious Metals by 1.5% in the 4th quarter. Signaturefd LLC now owns 11,877 shares of the company’s stock valued at $668,000 after purchasing an additional 178 shares during the last quarter. Merit Financial Group LLC lifted its stake in shares of Wheaton Precious Metals by 3.9% in the 4th quarter. Merit Financial Group LLC now owns 4,818 shares of the company’s stock valued at $271,000 after purchasing an additional 179 shares during the last quarter. Insigneo Advisory Services LLC lifted its stake in shares of Wheaton Precious Metals by 2.2% in the 3rd quarter. Insigneo Advisory Services LLC now owns 8,553 shares of the company’s stock valued at $522,000 after purchasing an additional 187 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of Wheaton Precious Metals by 1.0% in the 3rd quarter. Principal Financial Group Inc. now owns 19,761 shares of the company’s stock valued at $1,208,000 after purchasing an additional 196 shares during the last quarter. Institutional investors and hedge funds own 70.34% of the company’s stock.
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.
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