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.
Barrick Gold (NYSE:GOLD) and Newmont (NYSE:NEM) are both large-cap basic materials companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, analyst recommendations, valuation, institutional ownership, media sentiment, dividends, earnings, risk and community ranking.
62.9% of Barrick Gold shares are owned by institutional investors. Comparatively, 68.8% of Newmont shares are owned by institutional investors. 0.6% of Barrick Gold shares are owned by company insiders. Comparatively, 0.1% of Newmont shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Barrick Gold has higher earnings, but lower revenue 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.
Barrick Gold currently has a consensus price target of $21.60, indicating a potential upside of 23.85%. Newmont has a consensus price target of $48.36, indicating a potential upside of 14.05%. Given Barrick Gold's stronger consensus rating and higher possible upside, analysts clearly believe Barrick Gold is more favorable than Newmont.
Barrick Gold has a net margin of 12.58% compared to Newmont's net margin of -20.19%. Newmont's return on equity of 6.88% beat Barrick Gold's return on equity.
In the previous week, Barrick Gold had 5 more articles in the media than Newmont. MarketBeat recorded 20 mentions for Barrick Gold and 15 mentions for Newmont. Barrick Gold's average media sentiment score of 0.80 beat Newmont's score of 0.52 indicating that Barrick Gold is being referred to more favorably in the media.
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.
Barrick Gold pays an annual dividend of $0.40 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%. Barrick Gold pays out 48.8% of its earnings in the form of a dividend. Newmont pays out -37.5% 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.
Barrick Gold has a beta of 0.59, meaning that its stock price is 41% less volatile than the S&P 500. Comparatively, Newmont has a beta of 0.48, meaning that its stock price is 52% less volatile than the S&P 500.
Summary
Barrick Gold beats Newmont on 11 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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