FY2024 EPS Estimates for TSE:WPM Decreased by Raymond James

Wheaton Precious Metals Corp. (TSE:WPM) – Equities researchers at Raymond James reduced their FY2024 earnings estimates for shares of Wheaton Precious Metals in a research report issued on Wednesday, February 19th. Raymond James analyst B. Macarthur now expects 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.

Other research analysts have also issued research reports about the company. UBS Group upgraded Wheaton Precious Metals to a “strong-buy” rating in a research report on Monday, November 18th. Stifel Canada raised shares of Wheaton Precious Metals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 4th. Four research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Wheaton Precious Metals has an average rating of “Buy” and a consensus price target of C$97.67.

Wheaton Precious Metals Stock Performance

Wheaton Precious Metals stock opened at C$99.12 on Friday. The stock has a market cap of C$31.43 billion, a PE ratio of 51.58 and a beta of 0.70. Wheaton Precious Metals has a one year low of C$52.15 and a one year high of C$99.79. The stock has a fifty day moving average of C$87.20 and a 200 day moving average of C$85.65.

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.