TRENDING KEYWORDS
Wheaton Precious Metals (WPM, $48.11) misses Q4 earnings expectations
Wheaton Precious Metals Corp. posted its quarterly earnings that fell short of Zacks Consensus expectations.
The precious metals streaming company’s adjusted earnings came in at $0.29 per share for the quarter ended December, compared to the Zacks Consensus Estimate of $0.30 per share. The figure was $0.33 per share a year ago.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.
Revenues of $278.2 million for the quarter also missed the Zacks Consensus Estimate by -2.32%. The year-ago revenues were $286.21 million. The company has topped consensus revenue estimates two times over the last four quarters.
WPM in upward trend: price expected to rise as it breaks its lower Bollinger Band on May 12, 2022
WPM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 27 of 33 cases where WPM's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 82%.
Current price $39.82 is below $48.49 the lowest resistance line found by A.I. Throughout the month of 04/13/22 - 05/16/22, the price experienced a -22% Downtrend. During the week of 05/09/22 - 05/16/22, the stock fell -6%.
The RSI Indicator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Indicator shows that the ticker has stayed in the oversold zone for 15 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +1.09% 3-day Advance, the price is estimated to grow further. Considering data from situations where WPM advanced for three days, in 219 of 316 cases, the price rose further within the following month. The odds of a continued upward trend are 69%.
The Aroon Indicator entered an Uptrend today. In 188 of 298 cases where WPM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 63%.
The Momentum Indicator moved below the 0 level on April 22, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on WPM as a result. In 48 of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 59%.
The Moving Average Convergence Divergence Histogram (MACD) for WPM turned negative on April 21, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In 26 of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at 55%.
WPM moved below its 50-day Moving Average on April 25, 2022 date and that indicates a change from an upward trend to a downward trend.
The 10-day Moving Average for WPM crossed bearishly below the 50-day moving average on May 02, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 60%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WPM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 64%.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 59%. During the last month, the daily ratio of advancing to declining volumes was 1 to 3.15.
The Tickeron Valuation Rating of 13 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.820) is normal, around the industry mean (20.711). P/E Ratio (23.866) is within average values for comparable stocks, (81.785). Dividend Yield (0.015) settles around the average of (0.080) among similar stocks. P/S Ratio (15.106) is also within normal values, averaging (156.635).
The Tickeron Profit vs. Risk Rating rating for this company is 24 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock better than average.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is 53 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 77 (best 1 - 100 worst), indicating slightly worse than average price growth. WPM’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 95 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.
The average market capitalization across the Precious Metals Industry is 823.6M. The market cap for tickers in the group ranges from 575 to 51.8B. NEM holds the highest valuation in this group at 51.8B. The lowest valued company is DRIFF at 575.
The average weekly price growth across all stocks in the Precious Metals Industry was -1.37%. For the same Industry, the average monthly price growth was -18.75%, and the average quarterly price growth was -8.13%. GGLXF experienced the highest price growth at 762.48%, while MMTMF experienced the biggest fall at -70.43%.
- 4/23/22 4:20 AM: Wheaton Precious Metals (WPM, $48.1) was a top loser this week, declining -6.22%
The average weekly volume growth across all stocks in the Precious Metals Industry was -67.39%. For the same stocks of the Industry, the average monthly volume growth was -50.22% and the average quarterly volume growth was -46.61%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the MACD Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 60%. During the last month, the daily ratio of advancing to declining volumes was 1 to 2.53.
6 stocks in the group of tickers confirmed the negative outlook based on the 15 indicator with average odds of 76%.
The most notable companies in this group are Barrick Gold Corp (NYSE:GOLD), Gold Fields Ltd (NYSE:GFI), Kinross Gold Corp (NYSE:KGC).
The average market capitalization across the group is 8.7B. The market cap for tickers in the group ranges from 37.9M to 36.1B. GOLD holds the highest valuation in this group at 36.1B. The lowest valued company is AAU at 37.9M.
The average weekly price growth across all stocks in the group was -1.75%. For the same group, the average monthly price growth was -25.67%, and the average quarterly price growth was -17.01%. GORO experienced the highest price growth at 13.91%, while GPL experienced the biggest fall at -10.39%.
- 4/29/22 5:52 AM: Agnico Eagle Mines (AEM, $55.85) was a top loser this week, declining -9.57%
- 4/28/22 6:02 AM: Eldorado Gold (EGO, $10.32) was a top loser this week, declining -14.78%
- 4/27/22 5:34 AM: Almaden Minerals (AAU, $0.29) is a top weekly loser for penny stocks, falling -23.6%
The average weekly volume growth across all stocks in the group was -76.47%. For the same stocks of the group, the average monthly volume growth was -65.91% and the average quarterly volume growth was -67.59%
- 3/19/22 4:44 AM: The volume for Gold Resource stock increased for four consecutive days, resulting in a record-breaking daily growth of 71% of the 65-Day Volume Moving Average
- 3/11/22 5:55 AM: The volume for Gold Resource stock increased for a consecutive 5 days, with an average daily gain of 186%
- 3/10/22 6:28 AM: The volume for Gold Resource stock increased for four consecutive days, resulting in a record-breaking daily growth of 216% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are Newmont Corp (NYSE:NEM), Barrick Gold Corp (NYSE:GOLD), Wheaton Precious Metals Corp (NYSE:WPM), Gold Fields Ltd (NYSE:GFI), Kinross Gold Corp (NYSE:KGC), Yamana Gold (NYSE:AUY), Pan American Silver Corp (NASDAQ:PAAS), SSR Mining (NASDAQ:SSRM), Hecla Mining Company (NYSE:HL), FIRST MAJESTIC SILVER Corp (NYSE:AG).
The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.
The average market capitalization across the Precious Metals Industry is 823.6M. The market cap for tickers in the group ranges from 575 to 51.8B. NEM holds the highest valuation in this group at 51.8B. The lowest valued company is DRIFF at 575.
The average weekly price growth across all stocks in the Precious Metals Industry was -1.37%. For the same Industry, the average monthly price growth was -18.75%, and the average quarterly price growth was -8.13%. GGLXF experienced the highest price growth at 762.48%, while MMTMF experienced the biggest fall at -70.43%.
- 4/29/22 5:52 AM: Agnico Eagle Mines (AEM, $55.85) was a top loser this week, declining -9.57%
- 4/28/22 6:02 AM: Eldorado Gold (EGO, $10.32) was a top loser this week, declining -14.78%
- 4/27/22 5:34 AM: Almaden Minerals (AAU, $0.29) is a top weekly loser for penny stocks, falling -23.6%
The average weekly volume growth across all stocks in the Precious Metals Industry was -67.39%. For the same stocks of the Industry, the average monthly volume growth was -50.22% and the average quarterly volume growth was -46.61%
- 3/19/22 4:44 AM: The volume for Gold Resource stock increased for four consecutive days, resulting in a record-breaking daily growth of 71% of the 65-Day Volume Moving Average
- 3/11/22 5:55 AM: The volume for Gold Resource stock increased for a consecutive 5 days, with an average daily gain of 186%
- 3/10/22 6:28 AM: The volume for Gold Resource stock increased for four consecutive days, resulting in a record-breaking daily growth of 216% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Latest blogs by Abhoy Sarkar
Top Blogs
