National Bank Financial Comments on WPM FY2025 Earnings

Wheaton Precious Metals Corp. (NYSE:WPM) – Equities research analysts at National Bank Financial increased their FY2025 earnings per share estimates for shares of Wheaton Precious Metals in a report released on Wednesday, February 19th. National Bank Financial analyst S. Nagle now anticipates that the company will earn $1.75 per share for the year, up from their prior estimate of $1.67. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $1.46 per share.

A number of other research analysts also recently weighed in on WPM. Stifel Canada raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. TD Securities upped their price target on Wheaton Precious Metals from $74.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. UBS Group began coverage on Wheaton Precious Metals in a research note on Monday, November 18th. They set a “buy” rating and a $78.00 price target on the stock. Finally, Raymond James boosted their price objective on Wheaton Precious Metals from $74.00 to $75.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Nine investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $71.67.

Wheaton Precious Metals Stock Performance

WPM stock opened at $69.90 on Friday. The stock’s 50 day simple moving average is $60.74 and its 200 day simple moving average is $61.38. Wheaton Precious Metals has a fifty-two week low of $38.57 and a fifty-two week high of $70.31. The company has a market cap of $31.71 billion, a P/E ratio of 52.16, a price-to-earnings-growth ratio of 1.91 and a beta of 0.77.

Institutional Investors Weigh In On Wheaton Precious Metals

A number of institutional investors and hedge funds have recently made changes to their positions in WPM. Versant Capital Management Inc purchased a new stake in shares of Wheaton Precious Metals in the fourth quarter worth $29,000. Promus Capital LLC purchased a new stake in Wheaton Precious Metals during the fourth quarter valued at about $32,000. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Wheaton Precious Metals during the fourth quarter valued at about $38,000. Laurel Wealth Advisors LLC purchased a new stake in Wheaton Precious Metals during the fourth quarter valued at about $39,000. Finally, Quintet Private Bank Europe S.A. purchased a new stake in Wheaton Precious Metals during the fourth quarter valued at about $39,000. Hedge funds and other institutional investors own 70.34% of the company’s stock.

About Wheaton Precious Metals

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.