WPM vs. NGT, AEM, ABX, FNV, K, TNX, PAAS, AGI, YRI, and WFT
Should you be buying Wheaton Precious Metals stock or one of its competitors? The main competitors of Wheaton Precious Metals include Newmont (NGT), Agnico Eagle Mines (AEM), Barrick Gold (ABX), Franco-Nevada (FNV), Kinross Gold (K), TRX Gold (TNX), Pan American Silver (PAAS), Alamos Gold (AGI), Yamana Gold (YRI), and West Fraser Timber Co. Ltd. (WFT.TO) (WFT). These companies are all part of the "gold" industry.
Newmont (TSE:NGT) and Wheaton Precious Metals (TSE:WPM) 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, media sentiment, dividends, valuation, risk, institutional ownership, community ranking, analyst recommendations and earnings.
Newmont presently has a consensus target price of C$59.00, suggesting a potential upside of 3.49%. Wheaton Precious Metals has a consensus target price of C$84.33, suggesting a potential upside of 12.97%. Given Newmont's stronger consensus rating and higher probable upside, analysts plainly believe Wheaton Precious Metals is more favorable than Newmont.
Wheaton Precious Metals has a net margin of 53.74% compared to Wheaton Precious Metals' net margin of -20.33%. Newmont's return on equity of 8.50% beat Wheaton Precious Metals' return on equity.
Wheaton Precious Metals has lower revenue, but higher earnings than Newmont. Newmont is trading at a lower price-to-earnings ratio than Wheaton Precious Metals, indicating that it is currently the more affordable of the two stocks.
Newmont pays an annual dividend of C$1.37 per share and has a dividend yield of 2.4%. Wheaton Precious Metals pays an annual dividend of C$0.85 per share and has a dividend yield of 1.1%. Newmont pays out -30.6% of its earnings in the form of a dividend. Wheaton Precious Metals pays out 48.0% 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.
In the previous week, Newmont had 9 more articles in the media than Wheaton Precious Metals. MarketBeat recorded 10 mentions for Newmont and 1 mentions for Wheaton Precious Metals. Newmont's average media sentiment score of 1.19 beat Wheaton Precious Metals' score of -0.28 indicating that Wheaton Precious Metals is being referred to more favorably in the news media.
Newmont has a beta of 0.49, indicating that its share price is 51% less volatile than the S&P 500. Comparatively, Wheaton Precious Metals has a beta of 0.63, indicating that its share price is 37% less volatile than the S&P 500.
71.0% of Newmont shares are held by institutional investors. Comparatively, 70.0% of Wheaton Precious Metals shares are held by institutional investors. 0.1% of Newmont shares are held by company insiders. Comparatively, 0.1% of Wheaton Precious Metals shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Newmont received 29 more outperform votes than Wheaton Precious Metals when rated by MarketBeat users. Likewise, 64.00% of users gave Newmont an outperform vote while only 33.33% of users gave Wheaton Precious Metals an outperform vote.
Summary
Wheaton Precious Metals beats Newmont on 13 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WPM 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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