Silver Wheaton Corp. (SLW) Issues Earnings Results, Beats Estimates By $0.03 EPS

(NYSE:SLW) (TSE:SLW) announced its quarterly earnings data on Tuesday. The company's price to sales ratio for trailing twelve months is 10.53 and price to book ratio for most recent quarter is 1.77, whereas price to cash per share for the most recent quarter is 69.97.

Analysts estimated $0.21/share for the previous Quarter, where Silver Wheaton Corp. According to them, the median (average) EPS the company could deliver is 0.16/share.

DISH's revenue has grown at an average annualized rate of about 2.9% during the past five years.

11/16/2016 - Silver Wheaton Corp was upgraded to "outperform" by analysts at National Bank Financial. SILVER WHEATON CORP (SLW) has received mean Analyst rating of 1.88 from polled analysts at Reuters 3 Month Ago. The company has a 50-day moving average of $20.80 and a 200-day moving average of $21.78.

Attributable production for the year ended December 31, 2016 of 30.4 million ounces of silver and 353,700 ounces of gold, compared with 30.7 million ounces of silver and 243,000 ounces of gold in 2015, with silver production having decreased 1% and gold production, which represented a record, having increased 46%. Researchers set EPS prediction for Silver Wheaton Corp averaged at $0.71. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 10.20. Finally, Canaccord Genuity lifted their price target on shares of Silver Wheaton Corp. from C$37.00 to C$38.00 in a research report on Friday, February 3rd.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Silver Wheaton Corp. The Predicted Move on the 7th day after Silver Wheaton Corp.

The most widely applied is the price earnings ratio, which is known by dividing the stock price by the prediction earnings per share. Connor Clark & Lunn Investment Management Ltd. increased its stake in Silver Wheaton 49.9% in the third quarter. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell. The Insider Ownership of the company now is 0.2 percent, and Institutional Ownership is 64.1 percent.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. At recent closing price of $19.9, SLW has a chance to add $8.33 or 41.86% in 52 weeks, based on mean target price ($28.23) placed by analysts.The analyst consensus opinion of 1.9 looks like a buy.

Shares of Silver Wheaton Corp. are presently 35.24% off the 52 week low. 0 said it's a Buy, 0 assigned Hold rating where 0 stated the stock as Underperform and 0 marked the stock as Sell. The Low and High Price targets are $24 and $43, respectively.

Silver Wheaton Corp. (Silver Wheaton) is a mining company. The Company is a pure precious metals streaming company engaged in the sale of silver and gold. Post-earnings, Silver Wheaton Corp. stock ranged between $17.5 and $18.5 after opening the day (03/17/2016) at $18.09.

  • Zachary Reyes