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Newmont (NGT) Competitors

Newmont logo
C$57.58 +0.37 (+0.65%)
(As of 11/15/2024 ET)

NGT vs. AEM, ABX, WPM, FNV, K, TNX, PAAS, AGI, YRI, and LUG

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 Lundin Gold (LUG). These companies are all part of the "gold" industry.

Newmont vs.

Agnico Eagle Mines (TSE:AEM) and Newmont (TSE:NGT) are both large-cap basic materials companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, dividends, community ranking, risk, valuation, analyst recommendations, media sentiment and institutional ownership.

70.9% of Agnico Eagle Mines shares are owned by institutional investors. Comparatively, 73.1% of Newmont shares are owned by institutional investors. 0.1% of Agnico Eagle Mines 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.

Agnico Eagle Mines presently has a consensus price target of C$116.00, indicating a potential upside of 7.26%. Newmont has a consensus price target of C$68.00, indicating a potential upside of 18.10%. Given Newmont's higher possible upside, analysts clearly believe Newmont is more favorable than Agnico Eagle Mines.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Agnico Eagle Mines
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
3.20
Newmont
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
2 Strong Buy rating(s)
2.67

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Agnico Eagle MinesC$7.31B7.41C$619.95MC$1.6067.59
NewmontC$14.87B4.45-C$2.01B-C$3.79-15.19

Agnico Eagle Mines has a beta of 1.1, indicating that its share price is 10% more volatile than the S&P 500. Comparatively, Newmont has a beta of 0.51, indicating that its share price is 49% less volatile than the S&P 500.

Agnico Eagle Mines pays an annual dividend of C$2.17 per share and has a dividend yield of 2.0%. Newmont pays an annual dividend of C$1.35 per share and has a dividend yield of 2.3%. Agnico Eagle Mines pays out 135.6% 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 -35.6% 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 received 462 more outperform votes than Newmont when rated by MarketBeat users. However, 62.71% of users gave Newmont an outperform vote while only 60.41% of users gave Agnico Eagle Mines an outperform vote.

CompanyUnderperformOutperform
Agnico Eagle MinesOutperform Votes
499
60.41%
Underperform Votes
327
39.59%
NewmontOutperform Votes
37
62.71%
Underperform Votes
22
37.29%

Agnico Eagle Mines has a net margin of 8.49% compared to Newmont's net margin of -13.29%. Agnico Eagle Mines' return on equity of 3.10% beat Newmont's return on equity.

Company Net Margins Return on Equity Return on Assets
Agnico Eagle Mines8.49% 3.10% 3.80%
Newmont -13.29%-8.09%2.79%

In the previous week, Agnico Eagle Mines had 15 more articles in the media than Newmont. MarketBeat recorded 15 mentions for Agnico Eagle Mines and 0 mentions for Newmont. Agnico Eagle Mines' average media sentiment score of 0.65 beat Newmont's score of -0.50 indicating that Agnico Eagle Mines is being referred to more favorably in the media.

Company Overall Sentiment
Agnico Eagle Mines Positive
Newmont Negative

Summary

Agnico Eagle Mines beats Newmont on 13 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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NGT vs. The Competition

MetricNewmontGold IndustryMaterials SectorTSE Exchange
Market CapC$66.22BC$1.44BC$2.89BC$6.08B
Dividend Yield1.76%5.87%5.17%5.33%
P/E Ratio-15.19158.44102.6826.33
Price / Sales4.452,849.90555,746.451,427.12
Price / Cash13.4021.4823.8882.02
Price / Book2.264.483.683.06
Net Income-C$2.01BC$2.51MC$150.77MC$291.48M
7 Day Performance-8.18%-4.92%-3.58%-0.14%
1 Month Performance-26.17%-6.22%-4.53%-1.45%
1 Year Performance15.39%80.50%27.95%42.59%

Newmont Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NGT
Newmont
0.8672 of 5 stars
C$57.58
+0.6%
C$68.00
+18.1%
+14.5%C$66.22BC$14.87B-15.1921,700
AEM
Agnico Eagle Mines
1.7194 of 5 stars
C$106.24
-2.4%
N/A+61.3%C$53.23BC$7.31B66.4011,800Insider Selling
Analyst Revision
News Coverage
ABX
Barrick Gold
3.5464 of 5 stars
C$23.68
-2.2%
N/A+7.4%C$41.44BC$11.83B19.9021,300Analyst Revision
Gap Down
WPM
Wheaton Precious Metals
3.2329 of 5 stars
C$83.20
-2.0%
N/AN/AC$37.74BC$1.13B48.0940Dividend Cut
Analyst Revision
News Coverage
Gap Down
FNV
Franco-Nevada
1.7828 of 5 stars
C$158.72
-3.3%
N/A-3.6%C$30.54BC$1.12B-37.8840
K
Kinross Gold
3.7693 of 5 stars
C$13.04
-0.8%
N/A+74.1%C$16.04BC$4.52B24.1530,000Insider Selling
TNX
TRX Gold
N/AC$43.06
-0.8%
N/AN/AC$12.02BC$38.01M47.00130News Coverage
PAAS
Pan American Silver
2.7857 of 5 stars
C$29.93
-0.8%
N/A+52.5%C$10.86BC$2.57B-53.4513,000Dividend Announcement
Analyst Forecast
News Coverage
Gap Down
AGI
Alamos Gold
1.2502 of 5 stars
C$24.77
-2.2%
N/A+38.3%C$10.40BC$1.12B36.432,400Analyst Revision
News Coverage
YRI
Yamana Gold
N/AN/AN/AN/AC$7.59BC$1.81B-5.7211,600High Trading Volume
LUG
Lundin Gold
2.3023 of 5 stars
C$30.07
-2.4%
N/A+95.0%C$7.22BC$930.03M23.311,645Analyst Revision
News Coverage

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This page (TSE:NGT) was last updated on 11/17/2024 by MarketBeat.com Staff
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