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Olympia Earns 12th Agent of the Month Award from Wheaton World Wide Moving
Newsfile· 2025-06-12 14:00
Core Points - Olympia has been awarded the Agent of the Month for May 2025 by Wheaton World Wide Moving, marking its 12th win since joining the network in 1996 [1][2] - The award reflects Olympia's commitment to quality service and customer experience, attributed to its dedicated staff [2][3] - Olympia has previously received the Agent of the Year Award from Wheaton in 2003, 2007, and 2021, and was named the American Trucking Association's Agent of the Year in 2023 [2] Company Overview - Founded in 1993, Olympia has expanded its services to include both residential and commercial moving, as well as logistics and event management [5][7] - The company operates in multiple states including Massachusetts, Maryland, New Jersey, Texas, and Florida, serving various industries such as hospitality, biotech, and higher education [5][7] - Olympia is positioned to support clients during the busy summer moving season across its markets, including Boston, Washington, D.C., Philadelphia, Austin, and Tampa [3]
What's Happening With WPM Stock?
Forbes· 2025-06-12 10:05
Core Viewpoint - Wheaton Precious Metals operates on a streaming model, providing financing to mining companies in exchange for rights to purchase metals at reduced prices, making it an attractive investment option for those interested in gold and silver without the complexities of traditional mining [2][3]. Financial Performance - In Q1 2025, Wheaton Precious Metals exceeded expectations with revenues surging nearly 60% year-over-year [3]. - The company anticipates a 40% increase in metal production over the next five years due to new projects and resuming operations of existing ones [3]. - Current operating margins are around 60%, and the company has a solid cash reserve of $1.1 billion, indicating a healthy balance sheet [3]. Market Position - The rise in gold and silver prices benefits Wheaton Precious Metals, as they are insulated from fluctuating fuel prices and labor strikes that affect traditional miners [4]. - The company has long-term agreements with reputable miners, ensuring stable future production [4]. - The High Quality portfolio associated with Wheaton has outperformed the S&P 500, delivering over 91% returns since inception, appealing to investors seeking lower volatility [4][7]. Risks and Considerations - Cash flows are still linked to gold and silver prices, meaning a prolonged decrease in these prices could impact royalty income [5]. - Performance is dependent on the operational success of partner mines, with potential risks from operational issues or geopolitical/regulatory disruptions [5]. Investment Outlook - Wheaton Precious Metals is viewed as a lower-risk investment in the precious metals sector, characterized by high margins, low debt, and diversified income streams [7]. - The company supports its operations with a billion-dollar cash reserve and consistent dividends, making it a noteworthy choice for investors optimistic about precious metals [7].
Is Wheaton Precious Metals (WPM) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2025-06-11 17:46
Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks is challenging due to their inherent risks and volatility [1] Group 1: Company Overview - Wheaton Precious Metals Corp. (WPM) is currently recommended as a growth stock by the Zacks Growth Style Score system, which evaluates a company's real growth prospects beyond traditional metrics [2] Group 2: Earnings Growth - The historical EPS growth rate for Wheaton Precious Metals is 6.3%, but projected EPS growth for this year is significantly higher at 49.2%, surpassing the industry average of 37.6% [5] Group 3: Cash Flow Growth - Wheaton Precious Metals has a year-over-year cash flow growth of 18.6%, which is notably higher than the industry average of -1.8% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 11.7%, compared to the industry average of 6.8% [7] Group 4: Earnings Estimate Revisions - There have been upward revisions in current-year earnings estimates for Wheaton Precious Metals, with the Zacks Consensus Estimate increasing by 1.7% over the past month [9] Group 5: Investment Positioning - Wheaton Precious Metals has achieved a Growth Score of A and holds a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for potential outperformance in the market [10][11]
Why Wheaton Precious Metals Corp. (WPM) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-06-10 14:55
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks with the highest potential to outperform the market within 30 days, rated from A to F based on value, growth, and momentum [2] - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3] - The Growth Score evaluates a company's future prospects by analyzing projected and historical earnings, sales, and cash flow [4] - The Momentum Score assists investors in capitalizing on price trends by examining short-term price changes and earnings estimate revisions [5] - The VGM Score combines all three Style Scores, providing a comprehensive assessment of stocks based on value, growth, and momentum [6] Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] - There are over 800 top-rated stocks available, making it essential for investors to utilize Style Scores to identify the best opportunities [9] Stock Highlight: Wheaton Precious Metals Corp. (WPM) - Wheaton Precious Metals is a leading precious metal streaming company, currently rated 2 (Buy) on the Zacks Rank with a VGM Score of B [11] - The company has a Momentum Style Score of A, with shares increasing by 12.9% over the past four weeks [11] - Recent upward revisions in earnings estimates by 10 analysts have raised the Zacks Consensus Estimate for fiscal 2025 to $2.10 per share, reflecting an average earnings surprise of 6% [12]
Why Wheaton Precious Metals Corp. (WPM) is a Top Growth Stock for the Long-Term
ZACKS· 2025-06-06 14:51
Group 1 - Zacks Premium offers various tools to help investors make informed decisions, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1][2] - The Zacks Style Scores provide a rating system for stocks based on value, growth, and momentum, helping investors identify securities with high potential for market outperformance [2][3] Group 2 - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3] - The Growth Score assesses a company's financial health and future outlook by analyzing projected and historical earnings, sales, and cash flow [4] - The Momentum Score identifies optimal entry points for stocks based on price trends and earnings estimate changes [5] Group 3 - The VGM Score combines the Value, Growth, and Momentum Scores, providing a comprehensive indicator for stock selection [6] - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in building successful portfolios [7][10] Group 4 - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41%, significantly outperforming the S&P 500 [8] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [10][11] Group 5 - Wheaton Precious Metals Corp. is highlighted as a strong investment opportunity, currently rated 2 (Buy) with a VGM Score of B and a projected earnings growth of 48.9% for the current fiscal year [12][13] - The company has seen positive revisions in earnings estimates, with a consensus estimate increase of $0.25 to $2.10 per share for fiscal 2025 [13]
Wheaton Precious Metals Corp. (WPM) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-06-03 17:01
Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps investors identify stocks with strong momentum by focusing on key metrics [2] Group 2: Wheaton Precious Metals Corp. (WPM) Analysis - Wheaton Precious Metals Corp. currently has a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - WPM shares have increased by 0.15% over the past week, while the Zacks Mining - Miscellaneous industry has decreased by 0.6% during the same period [6] - Over the past quarter, WPM shares have risen by 31.75%, and by 66.72% over the last year, significantly outperforming the S&P 500's respective gains of 0.05% and 13.85% [7] Group 3: Trading Volume and Earnings Outlook - WPM's average 20-day trading volume is 1,824,438 shares, which serves as a bullish indicator when combined with rising stock prices [8] - In the last two months, 10 earnings estimates for WPM have been revised upwards, increasing the consensus estimate from $1.85 to $2.10 [10] - For the next fiscal year, 9 estimates have moved upwards while 2 have been revised downwards, indicating a positive earnings outlook [10] Group 4: Conclusion - Considering the positive momentum indicators and earnings outlook, WPM is positioned as a strong buy candidate for investors seeking short-term gains [12]
Wheaton Precious Metals (WPM) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2025-05-26 17:46
Core Viewpoint - Growth investors are attracted to stocks with above-average financial growth, but identifying such stocks can be challenging due to their inherent risks and volatility [1] Group 1: Company Overview - Wheaton Precious Metals Corp. (WPM) is highlighted as a recommended growth stock based on the Zacks Growth Style Score, which evaluates a company's real growth prospects beyond traditional metrics [2] - The company has a favorable Growth Score and a top Zacks Rank, indicating strong potential for growth investors [2][10] Group 2: Earnings Growth - Wheaton Precious Metals has a historical EPS growth rate of 6.3%, but the projected EPS growth for this year is expected to be 49%, significantly surpassing the industry average of 35.8% [4] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Wheaton Precious Metals is currently at 18.6%, which is notably higher than the industry average of -2.4% [5] - Over the past 3-5 years, the company's annualized cash flow growth rate has been 11.7%, compared to the industry average of 4.9% [6] Group 4: Earnings Estimate Revisions - There have been upward revisions in current-year earnings estimates for Wheaton Precious Metals, with the Zacks Consensus Estimate increasing by 2.3% over the past month [8] - Positive trends in earnings estimate revisions are correlated with near-term stock price movements, further validating the company's growth potential [7] Group 5: Conclusion - Wheaton Precious Metals has achieved a Growth Score of B and a Zacks Rank 1 due to positive earnings estimate revisions, indicating it is a potential outperformer and a solid choice for growth investors [10]
Wheaton Precious Metals Publishes 2024 Sustainability Report and 2024 Climate Change Report
Prnewswire· 2025-05-22 20:59
Core Insights - Wheaton Precious Metals Corp. published its 2024 Sustainability Report and Climate Change Report, emphasizing its commitment to integrating ESG considerations into its operations and decision-making processes [1][2] Sustainability Report Highlights - The 2024 Sustainability Report provides a comprehensive review of Wheaton's performance in environmental, social, and governance (ESG) topics, including updates on its ESG strategy, targets, and commitments [3] - The report indicates that 100% of new streaming agreements in 2024 were screened for ESG issues and risks [7] - Wheaton has contributed over $53 million globally since 2009 through its Community Investment Programs, with more than $8.5 million allocated to charitable causes in 2024 [7] Climate Change Report Highlights - The 2024 Climate Change Report outlines how Wheaton is addressing climate change risks and opportunities, as well as potential climate-related impacts [4] - The company refreshed its climate scenario analysis to support ongoing assessment and management of climate risks [7] - A gap analysis was completed against the International Sustainability Standards Board's S2 standard, leading to updates in the Climate Change Report [7] Standards and Recognition - Wheaton's reports are informed by GRI Standards and SASB Asset Management, and Metals and Mining Standard, as well as the IFRS S2 Climate-Related Disclosures Standard [5] - The company has received top ratings in ESG from various agencies, including Sustainalytics and MSCI, and is recognized among Corporate Knights' most sustainable corporations [7] Governance and Diversity - 50% of Wheaton's board members represent diverse backgrounds, including women and visible minorities [7] - 86% of 2023 Scope 3 financed emissions are covered by emissions reduction targets aligned with a 2°C or less scenario [7]
Buy Or Fear Wheaton Precious Metals Stock?
Forbes· 2025-05-15 10:05
Core Viewpoint - Wheaton Precious Metals (WPM) stock is considered appealing yet unpredictable due to its high valuation, making it a challenging investment choice at the current price of approximately $76 [1][11]. Valuation Comparison - WPM stock has a price-to-sales (P/S) ratio of 30.5, significantly higher than the S&P 500's 2.8 [3] - The price-to-free cash flow (P/FCF) ratio for WPM is 39.1 compared to 17.6 for the S&P 500 [3] - WPM's price-to-earnings (P/E) ratio stands at 56.0, while the S&P 500's is 24.5 [3] Revenue Growth - WPM's revenues have grown at an average rate of 2.0% over the last three years, compared to 6.2% for the S&P 500 [4] - Revenues increased by 29.7% from $1.0 billion to $1.3 billion in the last 12 months, contrasting with a 5.3% growth for the S&P 500 [4] - Quarterly revenues rose by 38.1% to $381 million from $313 million a year prior, while the S&P 500 saw a 4.9% improvement [4] Profitability Metrics - WPM's operating income over the last four quarters reached $669 million, reflecting an operating margin of 55.0%, compared to 13.1% for the S&P 500 [5] - The operating cash flow (OCF) during this period was $950 million, indicating an OCF margin of 78.1%, compared to 15.7% for the S&P 500 [5] - WPM's net income was $609 million, suggesting a net income margin of 50.1%, while the S&P 500's margin is 11.3% [5] Financial Stability - WPM's debt stood at $5.7 million at the end of the most recent quarter, with a market capitalization of $36 billion, resulting in a debt-to-equity ratio of 0.0% compared to 21.5% for the S&P 500 [8] - Cash and cash equivalents account for $818 million of the total assets of $7.4 billion, leading to a cash-to-assets ratio of 9.4%, compared to 15.0% for the S&P 500 [8] Downturn Resilience - WPM stock has shown more resilience than the S&P 500 during recent downturns, with a notable decline of 43.8% during the inflation shock of 2022, compared to a 25.4% drop for the S&P 500 [10] - The stock fully rebounded to its pre-crisis peak by April 2023 and reached a high of $85.77 in May 2025 [10] - During the COVID pandemic, WPM stock fell 28.7%, recovering fully by April 2020, while the S&P 500 experienced a 33.9% decline [10] Overall Performance Assessment - WPM's performance across various parameters is rated as follows: Growth - Very Strong, Profitability - Extremely Strong, Financial Stability - Very Strong, Downturn Resilience - Strong, Overall - Very Strong [13]
Wheaton Precious Q1 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2025-05-13 18:20
Core Insights - Wheaton Precious Metals Corp. (WPM) reported adjusted earnings per share of 55 cents for Q1 2025, exceeding the Zacks Consensus Estimate of 50 cents, marking a year-over-year improvement of 53.2% [1] - The company generated revenues of $470 million in Q1 2025, reflecting a 58.5% increase year-over-year, driven by a 16.2% rise in Gold Equivalent Ounces (GEOs) sold [2] - Average realized gold price was $2,872 per ounce, up 38.6% year-over-year, while silver prices increased by 36% to $32.33 per ounce [2] Revenue and Production - Wheaton's gold production for Q1 2025 was 92,681 ounces, slightly up from 91,939 ounces in the prior-year quarter, but attributable silver production decreased by 13.7% to 4.73 million ounces [3] - The total production of GEOs was 151,065, down 4.4% from 158,072 GEOs in the previous year [3] Financial Performance - Total cost of sales increased by 20.8% year-over-year to approximately $151 million, while gross profit rose by 86% to $319 million, resulting in a gross margin of 67.8% compared to 57.8% in the prior-year quarter [4] - Average cash costs were $446 per GEO, up from $433 in the previous year, with cash operating margin increasing by 45% year-over-year to $2,400 per GEO sold [5] Balance Sheet and Cash Flow - At the end of Q1 2025, Wheaton had $1.08 billion in cash, up from $0.8 billion at the end of 2024, with operating cash flow reported at $361 million compared to $219 million in Q1 2024 [6] - The company has a $2 billion undrawn revolving credit facility [6] Future Outlook - For 2025, gold production is expected to be between 350,000 and 390,000 ounces, while silver production is projected to be between 20.5 million and 22.5 million ounces [7] Market Performance - WPM shares have increased by 46.1% over the past year, contrasting with a 6.4% decline in the industry [8] Peer Comparison - Royal Gold, Inc. reported an adjusted EPS of $1.51 for Q1 2025, a 66% year-over-year increase, while Kinross Gold Corporation posted adjusted earnings of 30 cents per share, missing the Zacks Consensus Estimate [11] - B2Gold Corp reported adjusted EPS of 9 cents for Q1 2025, beating estimates and showing a 50% year-over-year improvement [12]