Scotiabank Has Pessimistic View of TSE:WPM FY2027 Earnings

Key Points

• Scotiabank cut its FY2027 EPS estimate for Wheaton Precious Metals to $6.04 from $6.06 in a report dated April 23, while the consensus full-year estimate shown was $2.47 per share.
• Several analysts have raised price targets and ratings recently (including BMO, Stifel, Peel Hunt, Canaccord and an upgrade from UBS), leaving the stock with an average analyst rating of "Buy" and an average price target of C$205.63.
• Wheaton shares opened at C$190.47, trade in a one‑year range of C$105.36–C$226.68, have a market cap of C$86.48B and a PE of 58.84, and last reported quarterly EPS of C$1.68 on C$1.16B in revenue.

Wheaton Precious Metals Corp. (TSE:WPM - Free Report) - Analysts at Scotiabank decreased their FY2027 earnings per share estimates for shares of Wheaton Precious Metals in a research report issued on Thursday, April 23rd. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings per share of $6.04 for the year, down from their previous forecast of $6.06. The consensus estimate for Wheaton Precious Metals' current full-year earnings is $2.47 per share.

Several other equities analysts have also recently issued reports on WPM. BMO Capital Markets lifted their price target on Wheaton Precious Metals from C$240.00 to C$250.00 in a research report on Wednesday, April 22nd. Stifel Nicolaus lifted their price target on Wheaton Precious Metals from C$240.00 to C$250.00 and gave the company a "buy" rating in a research report on Wednesday, April 15th. UBS Group upgraded Wheaton Precious Metals from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 27th. Peel Hunt lifted their price target on Wheaton Precious Metals from C$165.00 to C$240.00 in a research report on Monday, February 2nd. Finally, Canaccord Genuity Group lifted their price target on Wheaton Precious Metals from C$220.00 to C$235.00 in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of C$205.63.

Wheaton Precious Metals Stock Performance

Shares of WPM stock opened at C$190.47 on Monday. Wheaton Precious Metals has a 1 year low of C$105.36 and a 1 year high of C$226.68. The stock has a market cap of C$86.48 billion, a PE ratio of 58.84 and a beta of 1.39. The business's fifty day moving average is C$194.49 and its 200-day moving average is C$173.57.

Wheaton Precious Metals (TSE:WPM - Get Free Report) last posted its earnings results on Thursday, March 12th. The company reported C$1.68 EPS for the quarter. Wheaton Precious Metals had a return on equity of 18.53% and a net margin of 63.59%.The firm had revenue of C$1.16 billion for the quarter.

Wheaton Precious Metals Company Profile

Wheaton is the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors commodity price leverage and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate.

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