CCJ vs. NXE, EU, IPX, NMG, LITM, FMST, SCCO, RIO, FCX, and VNTR
Should you be buying Cameco stock or one of its competitors? The main competitors of Cameco include NexGen Energy (NXE), enCore Energy (EU), IperionX (IPX), Nouveau Monde Graphite (NMG), Snow Lake Resources (LITM), Foremost Lithium Resource & Technology (FMST), Southern Copper (SCCO), Rio Tinto Group (RIO), Freeport-McMoRan (FCX), and Venator Materials (VNTR).
Cameco (NYSE:CCJ) and NexGen Energy (NYSE:NXE) are both basic materials companies, but which is the superior investment? We will compare the two companies based on the strength of their community ranking, risk, institutional ownership, dividends, analyst recommendations, valuation, media sentiment, profitability and earnings.
Cameco has a net margin of 9.28% compared to NexGen Energy's net margin of 0.00%. Cameco's return on equity of 4.60% beat NexGen Energy's return on equity.
Cameco has higher revenue and earnings than NexGen Energy. NexGen Energy is trading at a lower price-to-earnings ratio than Cameco, indicating that it is currently the more affordable of the two stocks.
Cameco has a beta of 0.92, meaning that its share price is 8% less volatile than the S&P 500. Comparatively, NexGen Energy has a beta of 1.9, meaning that its share price is 90% more volatile than the S&P 500.
Cameco currently has a consensus target price of $40.25, indicating a potential downside of 25.92%. NexGen Energy has a consensus target price of $11.00, indicating a potential upside of 38.89%. Given NexGen Energy's stronger consensus rating and higher probable upside, analysts plainly believe NexGen Energy is more favorable than Cameco.
70.2% of Cameco shares are held by institutional investors. Comparatively, 42.4% of NexGen Energy shares are held by institutional investors. 1.0% of Cameco shares are held by company insiders. Comparatively, 5.6% of NexGen Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
In the previous week, Cameco had 3 more articles in the media than NexGen Energy. MarketBeat recorded 10 mentions for Cameco and 7 mentions for NexGen Energy. Cameco's average media sentiment score of 0.80 beat NexGen Energy's score of 0.37 indicating that Cameco is being referred to more favorably in the media.
Cameco received 512 more outperform votes than NexGen Energy when rated by MarketBeat users. However, 100.00% of users gave NexGen Energy an outperform vote while only 62.80% of users gave Cameco an outperform vote.
Summary
Cameco beats NexGen Energy on 11 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CCJ 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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