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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]
Wheaton Precious Metals Announces Election of Directors and Approval of Special Matters
Prnewswire· 2025-05-09 22:25
Core Points - Wheaton Precious Metals Corp. held its 2025 Annual and Special Meeting of Shareholders where nominees for the Board of Directors were elected [1][3] - The company announced the passing of long-serving director Peter Gillin, who will be remembered for his contributions [2] - Shareholders approved a non-binding advisory resolution on executive compensation with 94.94% votes in favor [3] Board of Directors Election Results - George L. Brack received 320,198,848 votes (97.83% for) with 7,090,095 votes withheld (2.17% withheld) [3] - Jaimie Donovan received 323,374,043 votes (98.80% for) with 3,914,900 votes withheld (1.20% withheld) [3] - Chantal Gosselin received 312,988,404 votes (95.63% for) with 14,300,539 votes withheld (4.37% withheld) [3] - Jeane Hull received 322,832,980 votes (98.64% for) with 4,455,963 votes withheld (1.36% withheld) [3] - Glenn Ives received 326,462,793 votes (99.75% for) with 826,150 votes withheld (0.25% withheld) [3] - Charles A. Jeannes received 321,612,216 votes (98.27% for) with 5,676,727 votes withheld (1.73% withheld) [3] - Marilyn Schonberner received 324,225,349 votes (99.06% for) with 3,063,594 votes withheld (0.94% withheld) [3] - Randy V.J. Smallwood received 326,818,313 votes (99.86% for) with 470,630 votes withheld (0.14% withheld) [3] - Srinivasan Venkatakrishnan received 324,453,056 votes (99.13% for) with 2,835,887 votes withheld (0.87% withheld) [3]
3 Reasons Growth Investors Will Love Wheaton Precious Metals (WPM)
ZACKS· 2025-05-09 17:46
Core Viewpoint - Growth investors are increasingly focused on identifying stocks with above-average financial growth, which can lead to solid returns, but finding such stocks is 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 due to its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 7.8%, but projected EPS growth for this year is expected to be 45.9%, surpassing the industry average of 44.7% [5] Group 2: Financial Metrics - Cash flow growth is crucial for growth-oriented companies, and Wheaton Precious Metals currently has a year-over-year cash flow growth of 18.6%, significantly higher than the industry average of -4.1% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 11.7%, compared to the industry average of 4.8% [7] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Wheaton Precious Metals, with the Zacks Consensus Estimate for the current year increasing by 9.9% over the past month [8] - The company has earned a Growth Score of B and holds a Zacks Rank 2 due to these positive earnings estimate revisions, positioning it well for potential outperformance [10]