What is Raymond James’ Estimate for TSE:WPM FY2024 Earnings?

Wheaton Precious Metals Corp. (TSE:WPM) – Investment analysts at Raymond James reduced their FY2024 earnings per share estimates for shares of Wheaton Precious Metals in a research note issued on Wednesday, February 19th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $1.97 for the year, down from their previous estimate of $2.06. The consensus estimate for Wheaton Precious Metals’ current full-year earnings is $2.47 per share. Raymond James also issued estimates for Wheaton Precious Metals’ Q4 2024 earnings at $0.60 EPS, Q1 2025 earnings at $0.62 EPS, Q3 2025 earnings at $0.67 EPS and FY2025 earnings at $2.57 EPS.

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

Wheaton Precious Metals Price Performance

Shares of TSE WPM opened at C$96.86 on Friday. Wheaton Precious Metals has a 1 year low of C$52.15 and a 1 year high of C$99.79. The stock has a market capitalization of C$30.72 billion, a P/E ratio of 50.40 and a beta of 0.70. The company’s 50-day moving average is C$87.41 and its 200 day moving average is C$85.76.

Wheaton Precious Metals Company Profile

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.