Is Wheaton Precious Stock a Good Investment?
Wheaton Precious Investment Advice | WPM |
- Examine Wheaton Precious' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Wheaton Precious' leadership team and their track record. Good management can help Wheaton Precious navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metals & Mining space and any emerging trends that could impact Wheaton Precious' business and its evolving consumer preferences.
- Compare Wheaton Precious' performance and market position to its competitors. Analyze how Wheaton Precious is positioned in terms of product offerings, innovation, and market share.
- Check if Wheaton Precious pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Wheaton Precious' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Wheaton Precious Metals stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Wheaton Precious Metals is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Wheaton Precious Stock
Researching Wheaton Precious' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 70.0% of the company outstanding shares are owned by institutional investors. The book value of Wheaton Precious was at this time reported as 16.0. The company has Price/Earnings To Growth (PEG) ratio of 2.4. Wheaton Precious Metals last dividend was issued on the 21st of November 2024. The entity had 1:5 split on the 21st of December 2004.
To determine if Wheaton Precious is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Wheaton Precious' research are outlined below:
| Wheaton Precious has a strong financial position based on the latest SEC filings | |
| About 70.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from aol.com: Trumps NATO pick used to work for company offering a masculine toilet for well-endowed men |
Wheaton Precious Quarterly Cash And Short Term Investments |
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Wheaton Precious uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Wheaton Precious Metals. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Wheaton Precious' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Wheaton Precious' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Wheaton Precious' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2009-07-30 | 2009-06-30 | 0.07 | 0.06 | -0.01 | 14 | ||
2009-02-19 | 2008-12-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2007-10-31 | 2007-09-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2007-08-03 | 2007-06-30 | 0.1 | 0.09 | -0.01 | 10 | ||
2007-02-15 | 2006-12-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2006-04-19 | 2006-03-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2006-02-13 | 2005-12-31 | 0.05 | 0.04 | -0.01 | 20 | ||
2005-05-02 | 2005-03-31 | 0.04 | 0.03 | -0.01 | 25 |
Know Wheaton Precious' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Wheaton Precious is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Wheaton Precious Metals backward and forwards among themselves. Wheaton Precious' institutional investor refers to the entity that pools money to purchase Wheaton Precious' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 6 M | Neuberger Berman Group Llc | 2024-06-30 | 5.2 M | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 5 M | Bank Of America Corp | 2024-06-30 | 4.9 M | Legal & General Group Plc | 2024-06-30 | 3.8 M | Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 3.7 M | Cibc World Markets Inc. | 2024-06-30 | 3.6 M | Bank Of Montreal | 2024-06-30 | 3.5 M | Bmo Capital Markets Corp. | 2024-06-30 | 3.5 M | Capital World Investors | 2024-09-30 | 39.2 M | Van Eck Associates Corporation | 2024-06-30 | 20 M |
Wheaton Precious' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 28.95 B.Market Cap |
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Wheaton Precious' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.04 | |
| Return On Capital Employed | 0.07 | 0.05 | |
| Return On Assets | 0.08 | 0.05 | |
| Return On Equity | 0.08 | 0.06 |
Determining Wheaton Precious' profitability involves analyzing its financial statements and using various financial metrics to determine if Wheaton Precious is a good buy. For example, gross profit margin measures Wheaton Precious' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Wheaton Precious' profitability and make more informed investment decisions.
Wheaton Precious' Earnings Breakdown by Geography
Evaluate Wheaton Precious' management efficiency
Wheaton Precious Metals has Return on Asset of 0.0586 % which means that on every $100 spent on assets, it made $0.0586 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0864 %, implying that it generated $0.0864 on every 100 dollars invested. Wheaton Precious' management efficiency ratios could be used to measure how well Wheaton Precious manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.05. At this time, Wheaton Precious' Other Assets are very stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 15.35 | 16.12 | |
| Tangible Book Value Per Share | 15.33 | 16.10 | |
| Enterprise Value Over EBITDA | 29.39 | 30.86 | |
| Price Book Value Ratio | 3.21 | 5.16 | |
| Enterprise Value Multiple | 29.39 | 30.86 | |
| Price Fair Value | 3.21 | 5.16 | |
| Enterprise Value | 7.2 B | 7.6 B |
Effective leadership at Wheaton Precious drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Dividend Yield 0.0097 | Forward Dividend Yield 0.0097 | Forward Dividend Rate 0.62 | Beta 0.707 |
Basic technical analysis of Wheaton Stock
As of the 23rd of November, Wheaton Precious maintains the Market Risk Adjusted Performance of 0.6736, mean deviation of 1.37, and Downside Deviation of 2.07. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wheaton Precious Metals, as well as the relationship between them. Please check out Wheaton Precious Metals downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Wheaton Precious Metals is priced fairly, providing market reflects its latest price of 63.81 per share. Given that Wheaton Precious Metals has jensen alpha of 0.0649, we strongly advise you to confirm Wheaton Precious Metals's prevalent market performance to make sure the company can sustain itself at a future point.Wheaton Precious' Outstanding Corporate Bonds
Wheaton Precious issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Wheaton Precious Metals uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Wheaton bonds can be classified according to their maturity, which is the date when Wheaton Precious Metals has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Wheaton Precious' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Wheaton Precious' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0428 | |||
| Market Risk Adjusted Performance | 0.6736 | |||
| Mean Deviation | 1.37 | |||
| Semi Deviation | 2.01 | |||
| Downside Deviation | 2.07 | |||
| Coefficient Of Variation | 2078.83 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.45 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0649 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.6636 | |||
| Maximum Drawdown | 10.53 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 2.78 | |||
| Downside Variance | 4.28 | |||
| Semi Variance | 4.04 | |||
| Expected Short fall | (1.31) | |||
| Skewness | (0.44) | |||
| Kurtosis | 1.28 |
| Risk Adjusted Performance | 0.0428 | |||
| Market Risk Adjusted Performance | 0.6736 | |||
| Mean Deviation | 1.37 | |||
| Semi Deviation | 2.01 | |||
| Downside Deviation | 2.07 | |||
| Coefficient Of Variation | 2078.83 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.45 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0649 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.6636 | |||
| Maximum Drawdown | 10.53 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 2.78 | |||
| Downside Variance | 4.28 | |||
| Semi Variance | 4.04 | |||
| Expected Short fall | (1.31) | |||
| Skewness | (0.44) | |||
| Kurtosis | 1.28 |
Consider Wheaton Precious' intraday indicators
Wheaton Precious intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Wheaton Precious stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Wheaton Precious Corporate Filings
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
6K | 7th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 28th of March 2024 Other Reports | ViewVerify |
Wheaton Stock media impact
Far too much social signal, news, headlines, and media speculation about Wheaton Precious that are available to investors today. That information is available publicly through Wheaton media outlets and privately through word of mouth or via Wheaton internal channels. However, regardless of the origin, that massive amount of Wheaton data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Wheaton Precious news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Wheaton Precious relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Wheaton Precious' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Wheaton Precious alpha.
Wheaton Precious Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Wheaton Precious can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Wheaton Precious Corporate Directors
| Emily Hamer | Director Communications | Profile | |
| John Brough | Independent Director | Profile | |
| George Brack | Independent Director | Profile | |
| Charles Jeannes | Independent Director | Profile |
Already Invested in Wheaton Precious Metals?
The danger of trading Wheaton Precious Metals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wheaton Precious is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wheaton Precious. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wheaton Precious Metals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wheaton Precious Metals is a strong investment it is important to analyze Wheaton Precious' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wheaton Precious' future performance. For an informed investment choice regarding Wheaton Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wheaton Precious Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wheaton Precious. If investors know Wheaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wheaton Precious listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.323 | Dividend Share 0.615 | Earnings Share 1.34 | Revenue Per Share 2.686 | Quarterly Revenue Growth 0.381 |
The market value of Wheaton Precious Metals is measured differently than its book value, which is the value of Wheaton that is recorded on the company's balance sheet. Investors also form their own opinion of Wheaton Precious' value that differs from its market value or its book value, called intrinsic value, which is Wheaton Precious' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wheaton Precious' market value can be influenced by many factors that don't directly affect Wheaton Precious' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Wheaton Precious' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Wheaton Precious is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wheaton Precious' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.