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LON:WPM

Wheaton Precious Metals (WPM) Share Price, News & Analysis

GBX 4,655
+10.00 (+0.22%)
(As of 07/26/2024 ET)
Today's Range
4,534.05
4,868.50
50-Day Range
4,005
4,765.01
52-Week Range
3,040
4,956.15
Volume
893 shs
Average Volume
2,245 shs
Market Capitalization
£21.10 billion
P/E Ratio
4,563.73
Dividend Yield
1.07%
Price Target
GBX 5,100

Wheaton Precious Metals MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
9.6% Upside
GBX 5,100 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.13 out of 5 stars

WPM stock logo

About Wheaton Precious Metals Stock (LON:WPM)

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. was founded in 2004 and is headquartered in Vancouver, Canada.

WPM Stock Price History

WPM Stock News Headlines

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See More Headlines
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Company Calendar

Ex-Dividend for 6/11 Dividend
5/29/2024
Dividend Payable
6/11/2024
Today
7/27/2024

Industry, Sector and Symbol

Industry
Gold
Sub-Industry
Precious Metals
CIK
N/A
Fax
N/A
Employees
40
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 5,100
High Stock Price Target
GBX 5,100
Low Stock Price Target
GBX 5,100
Potential Upside/Downside
+9.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
£590.29 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£1.10 billion
Book Value
GBX 1,562 per share

Miscellaneous

Free Float
N/A
Market Cap
£21.10 billion
Optionable
Not Optionable
Beta
0.63
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Key Executives

  • Mr. Randy V. J. Smallwood P.Eng. (Age 59)
    President, CEO & Director
    Comp: $2.08M
  • Mr. Gary D. Brown CA (Age 57)
    CFA, Senior VP & CFO
    Comp: $882.61k
  • Mr. Curt Domenico Bernardi LLB (Age 56)
    Senior VP of Legal & Strategic Development and Corporate Secretary
    Comp: $913.53k
  • Mr. Haytham Henry Hodaly
    Senior Vice President of Corporate Development
  • Mr. Patrick Eugene Drouin
    President of Wheaton International & Chief Sustainability Officer
  • Mr. Neil Burns M.Sc.
    P.Geo., Vice President of Technical Services
  • Emma Murray
    Vice President of Investor Relations
  • Simona Antolak
    Vice President of Communications & Corporate Affairs
  • Mr. Nikola Tatarkin
    President of Wheaton Precious Metals International Ltd
  • Mr. Jamie Beirnes
    VP & Controller

Should I Buy Wheaton Precious Metals Stock? WPM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Wheaton Precious Metals Corp.:

  • Wheaton Precious Metals has received positive price target upgrades from various financial institutions, indicating growth potential.
  • The company has consistently shown strong revenue growth, with a 38.7% increase in revenue year-over-year, reflecting a healthy financial performance.
  • Wheaton Precious Metals has a diversified portfolio of precious metals, including gold, silver, palladium, and cobalt, providing exposure to multiple valuable commodities.
  • The company's dividend yield of 1.18% offers investors a steady income stream, enhancing the overall investment return.
  • With a market capitalization of $24.33 billion, Wheaton Precious Metals is a well-established player in the precious metals market, providing stability and credibility to investors.

Cons

Investors should be bearish about investing in Wheaton Precious Metals Corp. for these reasons:

  • The stock price of Wheaton Precious Metals has experienced a recent decline of 5.4%, indicating potential volatility in the market.
  • While the company has shown revenue growth, its price-to-earnings ratio of 41.28 and price-to-earnings-growth ratio of 1.99 may suggest the stock is currently overvalued.
  • There is a level of uncertainty in the precious metals market due to factors like global economic conditions and geopolitical tensions, which could impact Wheaton Precious Metals' performance.
  • Investing in commodities like gold, silver, and palladium can be subject to price fluctuations based on market demand and supply dynamics, leading to potential investment risks.
  • Analysts have issued a mix of hold and buy ratings on the stock, indicating differing opinions on the future performance of Wheaton Precious Metals, which may create uncertainty for investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 1, 2024. Please send any questions or comments about these Wheaton Precious Metals pros and cons to contact@marketbeat.com.

WPM Stock Analysis - Frequently Asked Questions

How have WPM shares performed this year?

Wheaton Precious Metals' stock was trading at GBX 4,105 at the beginning of the year. Since then, WPM shares have increased by 13.4% and is now trading at GBX 4,655.
View the best growth stocks for 2024 here
.

How do I buy shares of Wheaton Precious Metals?

Shares of WPM stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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This page (LON:WPM) was last updated on 7/27/2024 by MarketBeat.com Staff

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