Should one be buying Silver Wheaton Corp. (NYSE:SLW)?

28

Basic Materials Sector stock currently has the Market Capitalization of 8.77 Billion. The Average Volume for the stock is measured as 4.52 Million. The Stock has a 52-Week High of $31.35 and 52-Week Low of $15.7 following the dates, it touched its 52-Week High on Aug 11, 2016 and 52-Week Low on Apr 4, 2016. Currently, the Return on Assets value for the trailing twelve months is 0.3% with the Return on Equity and Return on Investment of 0.3% and -2.7% respectively. This firm currently has YTD (year to date) performance of 3 Percent which is awesome. The Short Ratio for the stock is 2.38.

Silver Wheaton Corp. (NYSE:SLW) Price to Earnings (P/E) ratio is 2487.5. EPS or Earning per Share stands at $0.01. The TTM operating margin is 4.3 percent.

Silver Wheaton Corp. (NYSE:SLW) reports its Earnings on Tue 21 Mar (In 2 Days). The estimated EPS for the current quarter is said to be $0.17. Following Earnings result, share price were UP 5 times out of last 10 Qtrs. The stock has reduced about -17.1% since it reported its last earnings. The Closing price of Silver Wheaton Corp. (NYSE:SLW) at Last Earnings was $24 as compared to the previous closing price of $20.07. The Predicted Move on the 7th day after Silver Wheaton Corp. (NYSE:SLW) will release its earnings at about 5%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Silver Wheaton Corp. (NYSE:SLW) beats earnings by 16%, The Stock Missed Earnings  6  times and has met earnings  4  times.

Earnings History:

We will discuss the past Quarters Earnings below:

Silver Wheaton Corp. (NYSE:SLW) reported its previous quarter on 11/09/2016 where it reported the Actual Earnings of $0.19. The Closing price before the company posted its earnings was $24. The Stock declined on the very next day of earnings and maintained its stock price at $19.95 by showing a % change of -16.88 percent from its previous closing price. The Next Day Volume after Earnings was reported as 13.55 Million. On the 7th day After Earnings Report, the stock hit its share price as $19.75 by showing -17.71% decrease from the Stock price Before Earnings were reported.

On 08/10/2016, the stock reported the EPS of $0.14 where Analysts were projecting the EPS to be $0.14 showing a difference of $0. Thus Surprise Factor was there with 0 percent. Before Earnings Announcement on 08/10/2016, the firm had its stock price of $30.02. And immediately on the next day after earnings announcement, the stock inclined 1.33% and closed its trading session at $30.42. On 7th Day after earnings release, Silver Wheaton Corp. (NYSE:SLW) surged to 0.5% from $30.02 to $30.17.

On 05/09/2016, Analysts were suspecting EPS of $0.12/share where Silver Wheaton Corp. (NYSE:SLW) reported its Actual EPS of $0.1. Thus showing a Surprise of -16.7 percent. The Closing Price of the stock before earnings was $19.36 while on the Next day the stock closed its trading session at $18.07 with a percentage change of -6.66% from the price of 19.36 before Earnings. The Stock Closing Price on the 7th day of earnings was $19.07.

Company Profile:

Silver Wheaton Corp. operates as a precious metals streaming company worldwide. It has 19 long-term purchase agreements and 1 early deposit long-term purchase agreement associated with silver and gold relating to various 29 mining assets. The company was founded in 2004 and is headquartered in Vancouver, Canada.