Wheaton Precious Metals Corp

Company Profile

Wheaton Precious Metals Corp had its IPO on 2004-07-14 under the ticker symbol WPM.

The company operates in the Basic Materials sector and Gold industry. Wheaton Precious Metals Corp has a staff strength of 42 employees.

Stock update

Shares of Wheaton Precious Metals Corp opened at $46.3 at the start of the last trading session i.e. 2023-06-02.

The stocks traded within a range of $44.91 - $46.47, and closed at $45.36.

This is a -1.9% slip from the previous day's closing price.

A total volume of 2,021,571 shares were traded at the close of the day’s session.

In the last one week, shares of Wheaton Precious Metals Corp have increased by +0.91%.

Wheaton Precious Metals Corp's Key Ratios

Wheaton Precious Metals Corp has a market cap of $20.38 billion, indicating a price to book ratio of 2.7371 and a price to sales ratio of 15.9332.

In the last 12-months Wheaton Precious Metals Corp’s revenue was $972.27 million with a gross profit of $797.43 million and an EBITDA of $669.99 million. The EBITDA ratio measures Wheaton Precious Metals Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Wheaton Precious Metals Corp’s operating margin was 47.07% while its return on assets stood at 4.28% with a return of equity of 9.47%.

In Q1, Wheaton Precious Metals Corp’s quarterly earnings growth was a negative -29.3% while revenue growth was a negative 30.2%.

Wheaton Precious Metals Corp’s PE and PEG Ratio

Forward PE

34.3643

Trailing PE

32.6123

PEG

2.4

Its diluted EPS in the last 12-months stands at $1.38 per share while it has a forward price to earnings multiple of 34.3643 and a PEG multiple of 2.4. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Wheaton Precious Metals Corp’s profitability.

Wheaton Precious Metals Corp stock is trading at a EV to sales ratio of 15.6476 and a EV to EBITDA ratio of 16.5267. Its price to sales ratio in the trailing 12-months stood at 15.9332.

Wheaton Precious Metals Corp stock pays annual dividends of $0.6 per share, indicating a yield of 1.3% and a payout ratio of 60%.

Balance sheet and cash flow metrics

Total Assets

$6.91 billion

Total Liabilities

$85.52 million

Operating Cash Flow

$-40977000.00

Capital Expenditure

$32.30 million

Dividend Payout Ratio

60%

Wheaton Precious Metals Corp ended 2023 with $6.91 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.91 billion while shareholder equity stood at $6.81 billion.

Wheaton Precious Metals Corp ended 2023 with $0 in deferred long-term liabilities, $85.52 million in other current liabilities, 3765954000.00 in common stock, $3.05 billion in retained earnings and $0 in goodwill. Its cash balance stood at $799.70 million and cash and short-term investments were $799.70 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

Wheaton Precious Metals Corp’s total current assets stands at $822.10 million while long-term investments were $309.07 million and short-term investments were $0. Its net receivables were $8.24 million compared to accounts payable of $9.14 million and inventory worth $6.56 million.

In 2023, Wheaton Precious Metals Corp's operating cash flow was $-40977000.00 while its capital expenditure stood at $32.30 million.

Comparatively, Wheaton Precious Metals Corp paid $0.60 in dividends in 2023.

Other key metrics

Current Trading Price

$45.36

52-Week High

$52.5993

52-Week Low

$28.3228

Analyst Target Price

$57.21

Wheaton Precious Metals Corp stock is currently trading at $45.36 per share. It touched a 52-week high of $52.5993 and a 52-week low of $52.5993. Analysts tracking the stock have a 12-month average target price of $57.21.

Its 50-day moving average was $48.74 and 200-day moving average was $40.31 The short ratio stood at 8.17 indicating a short percent outstanding of 0%.

Around 43.7% of the company’s stock are held by insiders while 6973.3% are held by institutions.