Now trading at a price of $39.76, Wheaton Precious Metals has moved -2.4% so far today.
Over the last year, Wheaton Precious Metals logged a -0.1% change, with its stock price reaching a high of $52.76 and a low of $38.37. Over the same period, the stock underperformed the S&P 500 index by -24.3%. AThe company's 50-day average price was $47.19. Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. Based in Vancouver, Canada, the Large-Cap Basic Materials company has 42 full time employees. Wheaton Precious Metals has offered a 1.5% dividend yield over the last 12 months.
Wider Gross Margins Than the Industry Average of 36.98%:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $794 | $861 | $1,096 | $1,202 | $1,065 | $265 |
| Gross Margins | 37% | 40% | 53% | 55% | 53% | 56% |
| Net Margins | 5% | 18% | 28% | 36% | 34% | 53% |
| Net Income (M) | $41 | $153 | $307 | $427 | $363 | $141 |
| Free Cash Flow (M) | $477 | $502 | $765 | $845 | $743 | $202 |
| Current Ratio | 2.76 | 2.39 | 6.48 | 8.41 | 23.44 | 44.99 |
Wheaton Precious Metals's Valuation Is in Line With Its Sector Averages:
Wheaton Precious Metals has a trailing twelve month P/E ratio of 40.0, compared to an average of 16.53 for the Basic Materials sector. Based on its EPS guidance of $1.2, the company has a forward P/E ratio of 39.3. Furthermore, Wheaton Precious Metals is likely overvalued compared to the book value of its equity, since its P/B ratio of 2.63 is higher than the sector average of 2.07. In conclusion, Wheaton Precious Metals's impressive cash flow trend, decent P/B ratio, and reasonable use of leverage demonstrate that the company may still be fairly valued — despite its elevated earnings multiple.
Wheaton Precious Metals Has an Average Rating of Buy:
The 14 analysts following Wheaton Precious Metals have set target prices ranging from $50.0 to $70.0 per share, for an average of $57.63 with a buy rating. The company is trading -31.0% away from its average target price, indicating that there is an analyst consensus of strong upside potential.
The largest shareholder is Capital World Investors, whose 7% stake in the company is worth $1,219,817,663.
