NGT vs. AEM, ABX, WPM, FNV, K, TNX, PAAS, AGI, YRI, and WFT
Should you be buying Newmont stock or one of its competitors? The main competitors of Newmont include Agnico Eagle Mines (AEM), Barrick Gold (ABX), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Kinross Gold (K), TRX Gold (TNX), Pan American Silver (PAAS), Alamos Gold (AGI), Yamana Gold (YRI), and West Fraser Timber Co. Ltd. (WFT.TO) (WFT). These companies are all part of the "gold" industry.
Agnico Eagle Mines (TSE:AEM) and Newmont (TSE:NGT) are both large-cap basic materials companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, risk, earnings, analyst recommendations, institutional ownership, profitability, valuation, community ranking and dividends.
Agnico Eagle Mines received 463 more outperform votes than Newmont when rated by MarketBeat users. However, 64.00% of users gave Newmont an outperform vote while only 60.51% of users gave Agnico Eagle Mines an outperform vote.
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.
Agnico Eagle Mines has a beta of 1.04, meaning that its share price is 4% more volatile than the S&P 500. Comparatively, Newmont has a beta of 0.49, meaning that its share price is 51% less volatile than the S&P 500.
Agnico Eagle Mines pays an annual dividend of C$2.15 per share and has a dividend yield of 2.4%. Newmont pays an annual dividend of C$1.37 per share and has a dividend yield of 2.5%. Agnico Eagle Mines pays out 199.1% 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 -30.6% 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 presently has a consensus target price of C$97.50, suggesting a potential upside of 11.10%. Newmont has a consensus target price of C$59.00, suggesting a potential upside of 6.17%. Given Newmont's stronger consensus rating and higher probable upside, research analysts clearly believe Agnico Eagle Mines is more favorable than Newmont.
71.3% of Agnico Eagle Mines shares are held by institutional investors. Comparatively, 71.0% of Newmont shares are held by institutional investors. 0.1% 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, large money managers and endowments believe a company will outperform the market over the long term.
Agnico Eagle Mines has a net margin of 6.79% compared to Agnico Eagle Mines' net margin of -20.33%. Newmont's return on equity of 2.39% beat Agnico Eagle Mines' return on equity.
In the previous week, Agnico Eagle Mines had 10 more articles in the media than Newmont. MarketBeat recorded 10 mentions for Agnico Eagle Mines and 0 mentions for Newmont. Newmont's average media sentiment score of 0.87 beat Agnico Eagle Mines' score of 0.71 indicating that Agnico Eagle Mines is being referred to more favorably in the media.
Summary
Agnico Eagle Mines beats Newmont on 15 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NGT 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 TSE 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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