Latest news with #WPM
Forbes
15-05-2025
- Business
- Forbes
Buy Or Fear Wheaton Precious Metals Stock?
POLAND - 2024/12/17: In this photo illustration, the Wheaton Precious Metals company logo is seen ... More displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) Wheaton Precious Metals (NYSE:WPM) stock appears appealing but unpredictable – making it a difficult choice to acquire at its present price of approximately $76. We believe there is little reason for worry regarding WPM stock, which makes it appealing yet highly susceptible to negative events due to its exceedingly high valuation. We reach our assessment by analyzing the current valuation of WPM stock compared to its operational performance over recent years, as well as its current and historical financial status. Our evaluation of Wheaton Precious Metals based on key parameters of Growth, Profitability, Financial Stability, and Downturn Resilience indicates that the company has a very robust operational performance and financial health, as explained below. Nevertheless, if you are looking for upside with less volatility than individual stocks, the Trefis High-Quality portfolio provides an alternative – having surpassed the S&P 500 and delivered returns exceeding 91% since its launch. Based on what you pay per dollar of sales or profit, WPM stock seems very costly in relation to the wider market. • Wheaton Precious Metals holds a price-to-sales (P/S) ratio of 30.5 compared to a figure of 2.8 for the S&P 500 • Moreover, the company's price-to-free cash flow (P/FCF) ratio stands at 39.1 versus 17.6 for the S&P 500 • Additionally, it has a price-to-earnings (P/E) ratio of 56.0 compared to the benchmark's 24.5 Wheaton Precious Metals' Revenues have experienced notable growth in recent years. • Wheaton Precious Metals has witnessed its top line grow at an average rate of 2.0% over the last 3 years (compared to an increase of 6.2% for the S&P 500) • Its revenues have increased by 29.7% from $1.0 Bil to $1.3 Bil in the last 12 months (in contrast to a growth of 5.3% for the S&P 500) • Additionally, its quarterly revenues rose by 38.1% to $381 Mil in the most recent quarter from $313 Mil a year prior (versus a 4.9% improvement for the S&P 500) Wheaton Precious Metals' profit margins are significantly higher than most firms within the Trefis coverage universe. • Wheaton Precious Metals' Operating Income over the last four quarters reached $669 Mil, which reflects a remarkably high Operating Margin of 55.0% (compared to 13.1% for the S&P 500) • Wheaton Precious Metals' Operating Cash Flow (OCF) during this period was $950 Mil, indicating a notably high OCF Margin of 78.1% (compared to 15.7% for the S&P 500) • For the last four-quarter timeframe, Wheaton Precious Metals' Net Income was $609 Mil – suggesting a very high Net Income Margin of 50.1% (compared to 11.3% for the S&P 500) Wheaton Precious Metals' balance sheet appears solid. • Wheaton Precious Metals' Debt stood at $5.7 Mil at the end of the most recent quarter, while its market capitalization is $36 Bil (as of 5/13/2025). This indicates a very strong Debt-to-Equity Ratio of 0.0% (compared to 21.5% for the S&P 500). [Note: A low Debt-to-Equity Ratio is preferable] • Cash (including cash equivalents) accounts for $818 Mil of the $7.4 Bil in Total Assets for Wheaton Precious Metals. This results in a moderate Cash-to-Assets Ratio of 9.4% (compared to 15.0% for the S&P 500) WPM stock has proven to be more resilient than the benchmark S&P 500 index during certain recent downturns. While investors hope for a gentle landing by the U.S. economy, how severe could things become if another recession strikes? Our dashboard How Low Can Stocks Go During A Market Crash illustrates how key stocks performed during and following the last six market crashes. • WPM stock declined 43.8% from a high of $51.71 on 20 April 2022 to $29.08 on 26 September 2022, compared to a peak-to-trough drop of 25.4% for the S&P 500 • The stock completely rebounded to its pre-Crisis peak by 13 April 2023 • Since then, the stock has risen to a high of $85.77 on 11 May 2025 and currently trades around $76 • WPM stock fell 28.7% from a peak of $33.30 on 24 February 2020 to $23.74 on 19 March 2020, compared to a peak-to-trough decline of 33.9% for the S&P 500 • The stock fully recovered to its pre-Crisis peak by 13 April 2020 • WPM stock decreased 86.7% from a peak of $19.50 on 14 March 2008 to $2.59 on 20 November 2008, in contrast to a peak-to-trough drop of 56.8% for the S&P 500 • The stock successfully returned to its pre-Crisis peak by 30 April 2010 In conclusion, Wheaton Precious Metals' performance across the parameters outlined above is as follows: • Growth: Very Strong • Profitability: Extremely Strong • Financial Stability: Very Strong • Downturn Resilience: Strong • Overall: Very Strong Therefore, despite its exceedingly high valuation, the stock seems appealing but unpredictable, which reinforces our conclusion that WPM is a difficult stock to acquire. Not entirely content with the volatile nature of WPM stock? The Trefis High Quality (HQ) Portfolio, comprising 30 stocks, has a history of consistently outperforming the S&P 500 over the past four years. What accounts for this? In aggregate, HQ Portfolio stocks have yielded superior returns with reduced risk compared to the benchmark index; it has proven to be less of a roller-coaster ride, as demonstrated by HQ Portfolio performance metrics.
Business Wire
06-05-2025
- Automotive
- Business Wire
Westlake Portfolio Management Takes Over Servicing of Mechanics Bank Auto Finance Portfolio Starting May 2025
LOS ANGELES--(BUSINESS WIRE)--Westlake Portfolio Management (WPM), a subsidiary loan servicing company of Westlake Technology Holdings, has entered into a servicing agreement with Mechanics Bank Auto Finance (MBAF) to oversee and manage their portfolio consisting of active and charged-off auto loans, effective May 1, 2025. Sharpening their focus on commercial, small-business and single-family lending, the California-based Mechanics Bank discontinued originating indirect auto loans in early 2023. 'Our proven track record in managing auto loan portfolios will allow us to provide seamless, top-tier service to Mechanics Bank's customers while supporting their long-term financial objectives.' Share WPM will use the latest technology and strict compliance standards to efficiently manage Mechanics Bank's portfolio so the bank's customers experience smooth and reliable service. Backed by decades of servicing experience in the industry, the company tailors its services to fit each client's goals and can easily scale as those needs grow, all while remaining consistently reliable. 'We are excited to partner with Mechanics Bank Auto Finance and bring our full-service portfolio management expertise to their auto finance business,' said Todd Laruffa, Vice President at Westlake Portfolio Management. 'Our proven track record in managing auto loan portfolios will allow us to provide seamless, top-tier service to Mechanics Bank's customers while supporting their long-term financial objectives.' Mechanics Bank customers should receive both letters and emails announcing the servicing transition to WPM. Customers can register their account on Through the WPM MyAccount, customers can set up and manage their recurring ACH payments, view their statements, receive free credit score monitoring, or chat with an agent. Customers can also call 877-266-9600 to speak to a live WPM customer service representative. Westlake Portfolio Management specializes in third-party portfolio servicing leveraging advanced technology, comprehensive reporting, and robust compliance protocols to help financial institutions and investors optimize loan performance. With Westlake's decades of experience in the auto finance industry, WPM is committed to delivering efficiency and exceptional customer service across the portfolios it manages. About Westlake Technology Holdings: Westlake Technology Holdings is an auto and finance technology company headquartered in Los Angeles, CA with approximately $24 billion in assets under management. Westlake Financial ('Westlake') originates indirect automotive retail installment contracts through a nationwide network of new and used automotive and a wide variety of asset types. Westlake also offers credit facilities and commercial real estate loans through Westlake Capital Finance (WCF); portfolio servicing through Westlake Portfolio Management (WPM); floor plan lines of credit are provided through its Westlake Flooring Services division, shared cash flow auto lending through Westlake's wholly-owned subsidiary, Western Funding Inc., a Nevada based auto lender; indirect automotive leasing for credit unions through Westlake's subsidiary, Credit Union Leasing of America (CULA); dealer leads and direct-to-consumer auto loans are offered through Westlake Direct; consumer installment loans are offered through Westlake's wholly-owned subsidiary LoanCenter,
Yahoo
05-05-2025
- Business
- Yahoo
Wheaton Precious Metals Corp. (WPM): Among the Best Performing Large Cap Stocks So Far in 2025
We recently published a list of . In this article, we are going to take a look at where Wheaton Precious Metals Corp. (NYSE:WPM) stands against other best performing large cap stocks so far in 2025. The stock market had a chaotic start to the first quarter of 2025. The uncertain tariff policy, growing fears of a recession, and inflation sent the stock market to the worst quarterly performance since the 2022 bear market. On March 31, ClearBridge Investment released its commentary on the market performance. Portfolio Managers Erica Furfaro and Margaret Vitrano highlighted that the S&P 500 index declined 4.27%, whereas the growth-heavy NASDAQ and Russell 1000 Growth Index fell 10.42% and 9.97%, respectively. Elaborating more on the quarterly market performance, the portfolio managers noted that the Russell Growth Index underperformed the Russell Value Index by more than 1,200 basis points indicating that while large-cap stocks were impacted, the growth sector took the major hit. Tariffs were only one of the headwinds affecting the performance and the overall backdrop also includes the launch of Chinese LLM DeepSeek which questioned the AI capital expenditure of various large and mega-cap stocks. This capital expenditure bubble infected the performance of other 'Magnificent Seven' to an extent that only one of the 'Mag Seven' companies could outperform the Russell 1000 Index. Erica Furfaro and Margaret Vitrano noted that their Large Cap Growth ESG strategy performed better than the benchmark amidst all the uncertainty. Their strategy takes the Russell Growth Index as a benchmark. The managers noted that the strategy revolved around being underweight for the Mag Seven and the IT sector. They also highlighted that balancing the portfolio with strong stocks across IT, communication, and financial services also played a pivotal role in generating more relative returns. The investment fund also noted moving towards a 'moving to the middle' approach, which refers to adjusting their portfolio to be less concentrated in any single sector and more balanced across different types of growth companies. Clearbridge has reduced its overweight position in healthcare and increased exposure to the IT sector, which was previously underweight. The fund believes this recalibration positions the portfolio for an economic slowdown. Lastly, Erica Furfaro and Margaret Vitrano noted that the first quarter witnessed the earnings growth broaden away from the Mag Seven and other large-cap stocks outside the big tech names delivered better earnings. They anticipate that, unless there is a recession, earnings growth from industrial and healthcare companies will begin to catch up with the technology sector in 2025. To curate the list of 11 best-performing large-cap stocks so far in 2025, we used the Finviz stock screener and Yahoo Finance. Using the screener we aggregate a list of large-cap stocks that have performed well on a year-to-date. Next, we cross-checked the performance from Yahoo Finance and ranked the stocks in ascending order of their year-to-date performance. We have also added the market capitalization of each stock and the hedge fund sentiment as well, as of Q4 2024. Please note that the data was recorded on May 2, 2025. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A representation of gold bars, highlighting the companies success in their gold Precious Metals Corp. (NYSE:WPM) is a Canadian precious metal streaming company that operates by partnering with other mining companies. The company provides capital to these partners upfront in exchange for the right to purchase a fixed proposition of production at predetermined rates. This allows the company to gain exposure to these precious metals without having to extract them. On April 23, National Bank raised its price target on the stock to C$135 from C$130 and kept an Outperform rating on the shares. During fiscal 2024, the company achieved a record revenue and operating cash flow. Wheaton Precious Metals Corp. (NYSE:WPM) delivered $1.285 billion in revenue and $1.028 billion as cash flow. Management attributed this to improved portfolio growth with 635,000 gold equivalent ounces for the year, which exceeded expectations. In addition, the company also secured four new streams and royalties and made key agreements to increase attributable production. The company's five-year forecast projects a 40% increase in annual production, targeting 870,000 GEOs by 2029. It is one of the best-performing large-cap stocks so far in 2025. Overall, WPM ranks 6th on our list of best performing large cap stocks so far in 2025. While we acknowledge the potential of WPM to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than WPM but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Globe and Mail
04-04-2025
- Business
- Globe and Mail
ETFs With the Best Returns of 2025: Gold and Silver Miners on Top
While the general stock market is going through a rough patch to start 2025, several ETFs are striking gold. The three best-performing ETFs in 2025 with over $1 billion in assets under management (AUM) are all gold and silver mining ETFs. Gold itself has continued to build on its fantastic run-up in 2024, up over 17%. Gold also reached a momentous milestone, eclipsing $3,000 per ounce for the first time ever. However, gold and silver mining funds are delivering the best performance. Gold and silver miners tend to see their stocks move up or down with more volatility than the metals' price. This is because miners have operational leverage. When the price of gold or silver rises, so do their revenues. However, the company's costs remain the same. This allows miners' profits to rise faster than the price of the metals. Although, the same is true when metal prices fall, making miners a riskier way to play gold and silver. Below are the details on these three funds. All return metrics use data as of the Mar 28 close. SIL: +20% Return as Silver Shines [content-module:Forecast|NYSEARCA:SIL] Kicking off this list is the Global X Silver Miners ETF (NYSEARCA: SIL). Silver is also up more than 17% on the year, and this ETF has provided a very impressive total return of 24%. SIL contains 30 stocks that are active in the silver mining industry. Wheaton Precious Metals (NYSE: WPM) and Pan American Silver (NYSE: PAAS) hold dominant weightings in this ETF of 25% and 15%, respectively. They have also been the biggest contributors to the return of the ETF. Together, the two names are responsible for over half of the 24% return, contributing nearly 13%. This comes as Wheaton has notched a massive 37% total return on the year. This is despite the firm missing slightly versus estimates on its Mar. 13 earnings release. Wheaton actually produces much more gold than silver. This makes sense from a profitability standpoint, considering that an ounce of gold is worth over 90 times more than an ounce of silver. It also shows how many of these firms are active in both gold and silver mining. GDXJ: Junior Miners, Big Returns [content-module:Forecast|NYSEARCA:GDXJ] Next up is the VanEck Junior Gold Miners ETF (NYSEARCA: GDXJ). The ETF has provided a total return of 33% in 2025. The 'junior' miners ETF comprises 87 smaller gold mining companies. These stocks generate, or have the potential to generate, 50% or more of their revenue from gold and silver mining. These firms often focus heavily on the exploration phase of mining. This gives these companies significant upside potential. But, it also increases risk. Their exploration might not lead to finding metal deposits that are worth extracting, putting the company in deep financial trouble. However, many of these companies are already producing at scale. The fund's largest holding, Alamos Gold (NYSE: AGI), posted record gold production in 2024 at 567,000 ounces. This, combined with rising gold prices, helped the company achieve record free cash flow of $272 million. GDX: Gold Mining ETF King Notches the Top Return [content-module:Forecast|NYSEARCA:GDX] Last up is by far the most followed name in gold and silver mining ETFs, the VanEck Gold Miners ETF (NYSEARCA: GDX). The fund has nearly $15 billion in AUM. For reference, GDXJ is the second largest ETF in this space, but has just $4.7 billion in AUM. GDX has provided a total return of over 34% in 2025. The fund contains 56 gold mining stocks, including the "majors." These are the largest and most prominent names in gold mining, including companies like Newmont (NYSE: NEM). These companies often have mines around the world and trade less wildly than their smaller counterparts. While these three ETFs have performed exceptionally to start off 2025, much of their future success will depend on where the price of gold and silver goes next. Despite gold reaching and surpassing the $3000 per ounce mark, it is possible that these metals could see their prices rise even more in 2025. Potential Federal Reserve rate cuts are one reason this could transpire. Lower rates can make the United States a less attractive place for foreigners to invest, weakening demand for the dollar. Gold tends to rise as the dollar weakens. Currently, the CME FedWatch tool is forecasting nearly a 74% chance of three or more rate cuts in 2025. These cuts could be the impetus for gold to move higher. Where Should You Invest $1,000 Right Now? Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
Forbes
31-03-2025
- Business
- Forbes
Why Has Wheaton Stock Moved 60%?
WPM Stock Wheaton Precious Metals stock has jumped more than 60% over the past year, while the S&P 500 index has only seen a 9% increase. This performance exceeds that of its competitors, such as Barrick Gold stock (NYSE: GOLD), which rose 19%, and Newmont Corporation (NYSE: NEM), which gained 34% over the same period. The strong rise in Wheaton's stock over the past year can be attributed mainly to increasing precious metals prices. Gold and silver prices climbed in 2024 due to factors such as slowing inflation, geopolitical conflicts like the Russia-Ukraine war, and uncertain policy signals from the U.S. Federal Reserve. Wheaton also expanded its output through new streaming agreements, including the Fenix and Kone projects, and gained from better-than-expected gold grades at its existing sites. Additionally, the company boosted its quarterly dividend for 2025, signaling its confidence in continued strong profitability. For investors seeking growth with less volatility than individual stocks, the High Quality portfolio, which has consistently outpaced the S&P, may be worth a look, with returns exceeding 91% since launch. Part of the stock's rise can be credited to a 26% increase in annual revenue in 2024 to $1.3 billion and the maintenance of a robust gross profit margin. The company posted record quarterly operating cash flows of $1.028 billion. While Wheaton experienced strong top-line growth in 2024, its price-to-sales (PS) ratio also climbed from 22x in 2023 to 28x now. This increase aligns with its solid stock gains, likely fueled by higher metal prices, better revenues, or improved investor sentiment toward streaming companies. WPM stock performance over the last four years has not been linear, although it has shown less volatility compared to the S&P 500. Annual returns stood at 4% in 2021, -8% in 2022, 28% in 2023, and 15% in 2024. The Trefis High Quality Portfolio, comprising 30 stocks, has delivered better consistency and has significantly outperformed the S&P 500 over the same period. Why is that? Stocks in the HQ Portfolio have delivered superior returns with reduced risk compared to the broader market; offering a more stable experience, as reflected in HQ Portfolio performance metrics. Considering today's uncertain macro environment—including rate cut speculation and ongoing geopolitical tensions—WPM may either follow past underperformance seen in 2021 and 2024 or deliver another strong year. Wheaton Precious Metals delivered a strong Q4 2024, with record revenue and impressive earnings growth. It reported $381 million in Q4 revenue, marking a notable year-over-year gain. Adjusted earnings per share came in at $0.44. Looking ahead, Wheaton expects annual production to rise by 40% to 870,000 gold equivalent ounces (GEOs) by 2029, with 2025 output projected between 600,000 and 670,000 GEOs. In summary, WPM's strategic initiatives, favorable market dynamics, and solid operational performance have propelled its stock upward over the past year. We currently value the Wheaton Precious Metals valuation at $77 per share, which is in line with the current market price. WPM Return Compared With Trefis Reinforced Portfolio Invest with Trefis Market Beating Portfolios | Rules-Based Wealth
