Wheaton Precious Metals (WPM) Given Coverage Optimism Score of 0.20

Media stories about Wheaton Precious Metals (NYSE:WPM) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Wheaton Precious Metals earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.390526452765 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

Wheaton Precious Metals (NYSE WPM) traded up $0.28 during midday trading on Wednesday, hitting $22.09. 1,643,534 shares of the stock traded hands, compared to its average volume of 3,125,611. Wheaton Precious Metals has a 12-month low of $17.23 and a 12-month high of $23.06. The company has a debt-to-equity ratio of 0.17, a quick ratio of 5.80 and a current ratio of 5.80. The company has a market cap of $9,650.00, a price-to-earnings ratio of 34.54, a price-to-earnings-growth ratio of 7.13 and a beta of 0.30.

Wheaton Precious Metals (NYSE:WPM) last posted its earnings results on Thursday, November 9th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.15. Wheaton Precious Metals had a net margin of 24.02% and a return on equity of 5.54%. The firm had revenue of $203.00 million during the quarter, compared to analyst estimates of $220.84 million. The company’s revenue was down 13.0% on a year-over-year basis. equities analysts forecast that Wheaton Precious Metals will post 0.61 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, December 7th. Stockholders of record on Monday, November 27th were paid a $0.09 dividend. The ex-dividend date was Friday, November 24th. This represents a $0.36 annualized dividend and a dividend yield of 1.63%. Wheaton Precious Metals’s payout ratio is 76.60%.

WPM has been the subject of a number of recent research reports. Royal Bank of Canada set a $27.00 price target on shares of Wheaton Precious Metals and gave the company a “buy” rating in a research note on Monday, August 28th. Zacks Investment Research upgraded shares of Wheaton Precious Metals from a “sell” rating to a “hold” rating in a research note on Wednesday, October 25th. TD Securities set a $28.00 target price on shares of Wheaton Precious Metals and gave the stock a “buy” rating in a research note on Friday, October 20th. BMO Capital Markets reiterated a “buy” rating and issued a $28.00 target price on shares of Wheaton Precious Metals in a research note on Wednesday, September 6th. Finally, TheStreet upgraded shares of Wheaton Precious Metals from a “c+” rating to a “b-” rating in a research note on Tuesday, October 24th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $25.78.

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About Wheaton Precious Metals

Wheaton Precious Metals Corp, formerly Silver Wheaton Corp, is a Canada-based pure precious metals streaming company engaged in the sale of silver and gold. The Company operates through eight segments: the silver produced by the San Dimas, Penasquito and Antamina mines, the gold produced by the Sudbury and Salobo mines, the silver and gold produced by the Constancia mine and the Other mines, and corporate operations.

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