NXE vs. DML, SCR, PSK, WCP, PKI, ERF, CPG, KEY, POU, and MEG
Should you be buying NexGen Energy stock or one of its competitors? The main competitors of NexGen Energy include Denison Mines (DML), Strathcona Resources (SCR), PrairieSky Royalty (PSK), Whitecap Resources (WCP), Parkland (PKI), Enerplus (ERF), Crescent Point Energy (CPG), Keyera (KEY), Paramount Resources (POU), and MEG Energy (MEG). These companies are all part of the "energy" sector.
NexGen Energy (TSE:NXE) and Denison Mines (TSE:DML) are both mid-cap energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, valuation, analyst recommendations, community ranking, media sentiment, earnings, risk and institutional ownership.
52.2% of NexGen Energy shares are owned by institutional investors. Comparatively, 51.4% of Denison Mines shares are owned by institutional investors. 8.0% of NexGen Energy shares are owned by insiders. Comparatively, 0.3% of Denison Mines shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Denison Mines has higher revenue and earnings than NexGen Energy. Denison Mines is trading at a lower price-to-earnings ratio than NexGen Energy, indicating that it is currently the more affordable of the two stocks.
NexGen Energy presently has a consensus target price of C$13.28, suggesting a potential upside of 22.07%. Denison Mines has a consensus target price of C$3.14, suggesting a potential upside of 2.61%. Given NexGen Energy's stronger consensus rating and higher possible upside, equities analysts clearly believe NexGen Energy is more favorable than Denison Mines.
Denison Mines has a net margin of 1,986.78% compared to NexGen Energy's net margin of 0.00%. Denison Mines' return on equity of 13.47% beat NexGen Energy's return on equity.
NexGen Energy has a beta of 1.82, indicating that its stock price is 82% more volatile than the S&P 500. Comparatively, Denison Mines has a beta of 1.89, indicating that its stock price is 89% more volatile than the S&P 500.
Denison Mines received 426 more outperform votes than NexGen Energy when rated by MarketBeat users. Likewise, 63.74% of users gave Denison Mines an outperform vote while only 56.67% of users gave NexGen Energy an outperform vote.
In the previous week, Denison Mines had 2 more articles in the media than NexGen Energy. MarketBeat recorded 6 mentions for Denison Mines and 4 mentions for NexGen Energy. Denison Mines' average media sentiment score of 0.96 beat NexGen Energy's score of 0.27 indicating that Denison Mines is being referred to more favorably in the news media.
Summary
Denison Mines beats NexGen Energy on 10 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NXE 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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