National Bank Financial Predicts TSE:WPM Q4 Earnings

Wheaton Precious Metals Corp. (TSE:WPM) – National Bank Financial increased their Q4 2024 earnings per share (EPS) estimates for Wheaton Precious Metals in a research note issued to investors on Wednesday, February 19th. National Bank Financial analyst S. Nagle now expects that the company will earn $0.61 per share for the quarter, up from their prior estimate of $0.60. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share.

A number of other research analysts also recently weighed in on WPM. UBS Group raised Wheaton Precious Metals to a “strong-buy” rating in a report on Monday, November 18th. Stifel Canada raised Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. Four investment analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, Wheaton Precious Metals presently has a consensus rating of “Buy” and a consensus target price of C$97.67.

Wheaton Precious Metals Stock Performance

WPM stock opened at C$96.86 on Monday. Wheaton Precious Metals has a fifty-two week low of C$52.15 and a fifty-two week high of C$99.79. The business’s 50-day moving average is C$87.41 and its two-hundred day moving average is C$85.80. The company has a market cap of C$30.72 billion, a price-to-earnings ratio of 50.40 and a beta of 0.70.

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.