GOLD vs. NEM, AEM, WPM, FNV, GFI, AU, KGC, PAAS, AGI, and HMY
Should you be buying Barrick Gold stock or one of its competitors? The main competitors of Barrick Gold include Newmont (NEM), Agnico Eagle Mines (AEM), 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.
Newmont (NYSE:NEM) and Barrick Gold (NYSE:GOLD) are both large-cap basic materials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, community ranking, valuation, institutional ownership, risk, profitability, dividends, analyst recommendations and media sentiment.
Newmont pays an annual dividend of $1.00 per share and has a dividend yield of 2.4%. Barrick Gold pays an annual dividend of $0.40 per share and has a dividend yield of 2.3%. Newmont pays out -37.5% of its earnings in the form of a dividend. Barrick Gold pays out 48.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Newmont is clearly the better dividend stock, given its higher yield and lower payout ratio.
68.9% of Newmont shares are owned by institutional investors. Comparatively, 62.8% of Barrick Gold shares are owned by institutional investors. 0.1% of Newmont shares are owned by company insiders. Comparatively, 0.6% of Barrick Gold shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Barrick Gold has lower revenue, but higher earnings than Newmont. Newmont is trading at a lower price-to-earnings ratio than Barrick Gold, indicating that it is currently the more affordable of the two stocks.
Newmont currently has a consensus price target of $48.36, suggesting a potential upside of 15.30%. Barrick Gold has a consensus price target of $21.60, suggesting a potential upside of 26.39%. Given Newmont's stronger consensus rating and higher probable upside, analysts plainly believe Barrick Gold is more favorable than Newmont.
Barrick Gold has a net margin of 12.58% compared to Barrick Gold's net margin of -20.19%. Barrick Gold's return on equity of 6.88% beat Newmont's return on equity.
Newmont received 128 more outperform votes than Barrick Gold when rated by MarketBeat users. Likewise, 63.28% of users gave Newmont an outperform vote while only 56.77% of users gave Barrick Gold an outperform vote.
In the previous week, Newmont had 4 more articles in the media than Barrick Gold. MarketBeat recorded 22 mentions for Newmont and 18 mentions for Barrick Gold. Newmont's average media sentiment score of 0.84 beat Barrick Gold's score of 0.58 indicating that Barrick Gold is being referred to more favorably in the news media.
Newmont has a beta of 0.48, meaning that its share price is 52% less volatile than the S&P 500. Comparatively, Barrick Gold has a beta of 0.59, meaning that its share price is 41% less volatile than the S&P 500.
Summary
Newmont and Barrick Gold 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 GOLD 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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