During the recent session, Wheaton Precious Metals Corp (NYSE:WPM)’s traded shares were 1.14 million, with the beta value of the company hitting 0.76. At the last check today, the stock’s price was $53.32, reflecting an intraday gain of 1.45% or $0.76. The 52-week high for the WPM share is $54.30, that puts it down -1.84 from that peak though still a striking 28.04% gain since the share price plummeted to a 52-week low of $38.37. The company’s market capitalization is $24.17B, and the average trade volume was 2.29 million shares over the past three months.
Wheaton Precious Metals Corp (NYSE:WPM) trade information
Wheaton Precious Metals Corp (WPM) registered a 1.45% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.45% in intraday trading to $53.32, hitting a weekly high. The stock’s 5-day price performance is 1.20%, and it has moved by 19.42% in 30 days. Based on these gigs, the overall price performance for the year is 7.61%.
Wheaton Precious Metals Corp (WPM) estimates and forecasts
Statistics show that Wheaton Precious Metals Corp has underperformed its competitors in share price, compared to the industry in which it operates. Wheaton Precious Metals Corp (WPM) shares have gone up 22.13% during the last six months, with a year-to-date growth rate less than the industry average at 2.54% against 15.60. In the rating firms’ projections, revenue will increase 15.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 284M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 306M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 214.47M and 242.74M respectively. In this case, analysts expect current quarter sales to grow by 32.40% and then jump by 26.10% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.27%. While earnings are projected to return 7.96% in 2024, the next five years will return 4.90% per annum.
WPM Dividends
Wheaton Precious Metals Corp is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Wheaton Precious Metals Corp is 0.60, with the dividend yield indicating at 1.13 percent, continuing the trend of increasing dividends in recent years.
