Wheaton Precious Metals (NYSE: WPM) is one of 41 publicly-traded companies in the “Gold & silver ores” industry, but how does it compare to its competitors? We will compare Wheaton Precious Metals to similar businesses based on the strength of its valuation, institutional ownership, analyst recommendations, earnings, profitability, dividends and risk.
Wheaton Precious Metals pays an annual dividend of $0.36 per share and has a dividend yield of 1.7%. Wheaton Precious Metals pays out 57.1% of its earnings in the form of a dividend. As a group, “Gold & silver ores” companies pay a dividend yield of 1.4% and pay out 47.8% of their earnings in the form of a dividend.
This is a breakdown of current ratings and target prices for Wheaton Precious Metals and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Wheaton Precious Metals||0||1||7||0||2.88|
|Wheaton Precious Metals Competitors||420||1735||1622||67||2.35|
Wheaton Precious Metals currently has a consensus price target of $26.29, suggesting a potential upside of 24.75%. As a group, “Gold & silver ores” companies have a potential upside of 21.64%. Given Wheaton Precious Metals’ stronger consensus rating and higher possible upside, research analysts clearly believe Wheaton Precious Metals is more favorable than its competitors.
Risk and Volatility
Wheaton Precious Metals has a beta of 0.36, suggesting that its share price is 64% less volatile than the S&P 500. Comparatively, Wheaton Precious Metals’ competitors have a beta of 0.34, suggesting that their average share price is 66% less volatile than the S&P 500.
Insider and Institutional Ownership
52.3% of Wheaton Precious Metals shares are owned by institutional investors. Comparatively, 32.4% of shares of all “Gold & silver ores” companies are owned by institutional investors. 9.9% of shares of all “Gold & silver ores” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
This table compares Wheaton Precious Metals and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Wheaton Precious Metals||6.84%||5.56%||4.69%|
|Wheaton Precious Metals Competitors||-8.65%||3.68%||2.67%|
Earnings & Valuation
This table compares Wheaton Precious Metals and its competitors gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Wheaton Precious Metals||$843.22 million||$57.70 million||33.44|
|Wheaton Precious Metals Competitors||$1.40 billion||$84.66 million||45.86|
Wheaton Precious Metals’ competitors have higher revenue and earnings than Wheaton Precious Metals. Wheaton Precious Metals is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Wheaton Precious Metals beats its competitors on 9 of the 15 factors compared.
About Wheaton Precious Metals
Wheaton Precious Metals Corp. operates as a silver and gold streaming company worldwide. It has streaming agreements for 21 operating mines and 8 development stage projects. 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. was founded in 2004 and is headquartered in Vancouver, Canada.
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