AEM vs. NEM, GOLD, WPM, FNV, GFI, AU, KGC, PAAS, AGI, and HMY
Should you be buying Agnico Eagle Mines stock or one of its competitors? The main competitors of Agnico Eagle Mines include Newmont (NEM), Barrick Gold (GOLD), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Gold Fields (GFI), AngloGold Ashanti (AU), Kinross Gold (KGC), Pan American Silver (PAAS), Alamos Gold (AGI), and Harmony Gold Mining (HMY). These companies are all part of the "gold & silver ores" industry.
Agnico Eagle Mines (NYSE:AEM) and Newmont (NYSE:NEM) are both large-cap basic materials companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, earnings, profitability, risk, institutional ownership, community ranking, media sentiment, analyst recommendations and dividends.
Agnico Eagle Mines currently has a consensus target price of $72.22, suggesting a potential upside of 5.88%. Newmont has a consensus target price of $48.36, suggesting a potential upside of 15.30%. Given Newmont's higher possible upside, analysts plainly believe Newmont is more favorable than Agnico Eagle Mines.
Agnico Eagle Mines pays an annual dividend of $1.60 per share and has a dividend yield of 2.3%. Newmont pays an annual dividend of $1.00 per share and has a dividend yield of 2.4%. Agnico Eagle Mines pays out 168.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Newmont pays out -37.5% of its earnings in the form of a dividend. Newmont is clearly the better dividend stock, given its higher yield and lower payout ratio.
Agnico Eagle Mines has a net margin of 6.79% compared to Newmont's net margin of -20.19%. Newmont's return on equity of 6.88% beat Agnico Eagle Mines' return on equity.
Newmont received 268 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. Likewise, 63.28% of users gave Newmont an outperform vote while only 57.87% of users gave Agnico Eagle Mines an outperform vote.
In the previous week, Newmont had 5 more articles in the media than Agnico Eagle Mines. MarketBeat recorded 22 mentions for Newmont and 17 mentions for Agnico Eagle Mines. Newmont's average media sentiment score of 0.58 beat Agnico Eagle Mines' score of 0.56 indicating that Newmont is being referred to more favorably in the news media.
Agnico Eagle Mines has higher earnings, but lower revenue than Newmont. Newmont is trading at a lower price-to-earnings ratio than Agnico Eagle Mines, indicating that it is currently the more affordable of the two stocks.
68.3% of Agnico Eagle Mines shares are held by institutional investors. Comparatively, 68.9% of Newmont shares are held by institutional investors. 0.5% of Agnico Eagle Mines shares are held by company insiders. Comparatively, 0.1% of Newmont shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Agnico Eagle Mines has a beta of 1.04, indicating that its share price is 4% more volatile than the S&P 500. Comparatively, Newmont has a beta of 0.48, indicating that its share price is 52% less volatile than the S&P 500.
Summary
Agnico Eagle Mines and Newmont tied by winning 10 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AEM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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