TSE:WPM Q4 EPS Forecast Lifted by National Bank Financial

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

Other research analysts have also issued research reports about the company. Stifel Canada upgraded Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 4th. UBS Group upgraded Wheaton Precious Metals to a “strong-buy” rating in a report on Monday, November 18th. Four analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the stock 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$98.65 on Monday. Wheaton Precious Metals has a 12 month low of C$52.15 and a 12 month high of C$99.79. The stock has a market capitalization of C$31.28 billion, a price-to-earnings ratio of 51.33 and a beta of 0.70. The firm’s 50 day simple moving average is C$87.93 and its 200-day simple moving average is C$86.02.

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.