AEM vs. NGT, ABX, WPM, FNV, K, TNX, PAAS, AGI, YRI, and WFT
Should you be buying Agnico Eagle Mines stock or one of its competitors? The main competitors of Agnico Eagle Mines include Newmont (NGT), 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 West Fraser Timber Co. Ltd. (WFT.TO) (WFT). These companies are all part of the "gold" industry.
Newmont (TSE:NGT) and Agnico Eagle Mines (TSE:AEM) are both large-cap basic materials companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, profitability, community ranking, institutional ownership, analyst recommendations, risk, media sentiment, earnings and dividends.
71.0% of Newmont shares are held by institutional investors. Comparatively, 71.3% of Agnico Eagle Mines shares are held by institutional investors. 0.1% of Newmont shares are held by company insiders. Comparatively, 0.1% of Agnico Eagle Mines shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
In the previous week, Newmont and Newmont both had 10 articles in the media. Agnico Eagle Mines' average media sentiment score of -0.28 beat Newmont's score of -0.34 indicating that Newmont is being referred to more favorably in the media.
Newmont currently has a consensus target price of C$59.00, indicating a potential upside of 3.49%. Agnico Eagle Mines has a consensus target price of C$97.50, indicating a potential upside of 4.90%. Given Newmont's stronger consensus rating and higher possible upside, analysts plainly believe Agnico Eagle Mines is more favorable than Newmont.
Agnico Eagle Mines has a net margin of 6.79% compared to Agnico Eagle Mines' net margin of -20.33%. Newmont's return on equity of 2.39% beat Agnico Eagle Mines' return on equity.
Newmont has a beta of 0.49, indicating that its stock price is 51% less volatile than the S&P 500. Comparatively, Agnico Eagle Mines has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500.
Agnico Eagle Mines has lower revenue, but higher earnings 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.
Agnico Eagle Mines received 463 more outperform votes than Newmont when rated by MarketBeat users. However, 64.00% of users gave Newmont an outperform vote while only 60.51% of users gave Agnico Eagle Mines an outperform vote.
Newmont pays an annual dividend of C$1.37 per share and has a dividend yield of 2.4%. Agnico Eagle Mines pays an annual dividend of C$2.15 per share and has a dividend yield of 2.3%. Newmont pays out -30.6% of its earnings in the form of a dividend. Agnico Eagle Mines pays out 199.1% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.
Summary
Agnico Eagle Mines beats Newmont on 13 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AEM 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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