NEXA vs. HBM, MP, AESI, NGD, ERO, SGML, UUUU, LEU, MTAL, and LAC
Should you be buying Nexa Resources stock or one of its competitors? The main competitors of Nexa Resources include Hudbay Minerals (HBM), MP Materials (MP), Atlas Energy Solutions (AESI), New Gold (NGD), Ero Copper (ERO), Sigma Lithium (SGML), Energy Fuels (UUUU), Centrus Energy (LEU), Metals Acquisition (MTAL), and Lithium Americas (LAC). These companies are all part of the "non-metallic and industrial metal mining" industry.
Nexa Resources vs.
Hudbay Minerals (NYSE:HBM) and Nexa Resources (NYSE:NEXA) are both basic materials companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, earnings, analyst recommendations, valuation, institutional ownership, dividends, community ranking, risk and media sentiment.
Hudbay Minerals has a net margin of 4.23% compared to Nexa Resources' net margin of -7.48%. Hudbay Minerals' return on equity of 7.44% beat Nexa Resources' return on equity.
Hudbay Minerals currently has a consensus price target of $11.17, indicating a potential upside of 22.44%. Nexa Resources has a consensus price target of $7.25, indicating a potential downside of 4.61%. Given Hudbay Minerals' stronger consensus rating and higher possible upside, research analysts plainly believe Hudbay Minerals is more favorable than Nexa Resources.
In the previous week, Hudbay Minerals had 15 more articles in the media than Nexa Resources. MarketBeat recorded 16 mentions for Hudbay Minerals and 1 mentions for Nexa Resources. Hudbay Minerals' average media sentiment score of 1.12 beat Nexa Resources' score of 0.00 indicating that Hudbay Minerals is being referred to more favorably in the media.
57.8% of Hudbay Minerals shares are owned by institutional investors. 0.3% of Hudbay Minerals shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Hudbay Minerals has a beta of 1.78, suggesting that its stock price is 78% more volatile than the S&P 500. Comparatively, Nexa Resources has a beta of 1.52, suggesting that its stock price is 52% more volatile than the S&P 500.
Hudbay Minerals pays an annual dividend of $0.01 per share and has a dividend yield of 0.1%. Nexa Resources pays an annual dividend of $0.33 per share and has a dividend yield of 4.3%. Hudbay Minerals pays out 4.3% of its earnings in the form of a dividend. Nexa Resources pays out -21.9% 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. Nexa Resources is clearly the better dividend stock, given its higher yield and lower payout ratio.
Hudbay Minerals has higher earnings, but lower revenue than Nexa Resources. Nexa Resources is trading at a lower price-to-earnings ratio than Hudbay Minerals, indicating that it is currently the more affordable of the two stocks.
Hudbay Minerals received 250 more outperform votes than Nexa Resources when rated by MarketBeat users. Likewise, 60.23% of users gave Hudbay Minerals an outperform vote while only 59.06% of users gave Nexa Resources an outperform vote.
Summary
Hudbay Minerals beats Nexa Resources on 18 of the 21 factors compared between the two stocks.
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This page (NYSE:NEXA) was last updated on 11/23/2024 by MarketBeat.com Staff