ABX vs. NGT, AEM, WPM, FNV, K, TNX, PAAS, AGI, YRI, and WFT
Should you be buying Barrick Gold stock or one of its competitors? The main competitors of Barrick Gold include Newmont (NGT), Agnico Eagle Mines (AEM), 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.
Barrick Gold (TSE:ABX) and Newmont (TSE:NGT) are both large-cap basic materials companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, media sentiment, analyst recommendations, earnings, risk, valuation, community ranking, profitability and institutional ownership.
In the previous week, Barrick Gold had 4 more articles in the media than Newmont. MarketBeat recorded 14 mentions for Barrick Gold and 10 mentions for Newmont. Barrick Gold's average media sentiment score of 0.76 beat Newmont's score of -0.18 indicating that Barrick Gold is being referred to more favorably in the media.
Barrick Gold received 588 more outperform votes than Newmont when rated by MarketBeat users. However, 64.00% of users gave Newmont an outperform vote while only 63.59% of users gave Barrick Gold an outperform vote.
Barrick Gold presently has a consensus price target of C$29.73, indicating a potential upside of 27.86%. Newmont has a consensus price target of C$59.00, indicating a potential upside of 3.49%. Given Barrick Gold's stronger consensus rating and higher probable upside, equities research analysts clearly believe Barrick Gold is more favorable than Newmont.
60.6% of Barrick Gold shares are held by institutional investors. Comparatively, 71.0% of Newmont shares are held by institutional investors. 0.6% of Barrick Gold shares are held by company insiders. Comparatively, 0.1% of Newmont shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Barrick Gold pays an annual dividend of C$0.55 per share and has a dividend yield of 2.4%. Newmont pays an annual dividend of C$1.37 per share and has a dividend yield of 2.4%. Barrick Gold pays out 48.7% of its earnings in the form of a dividend. Newmont pays out -30.6% 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.
Barrick Gold has a beta of 0.46, suggesting that its stock price is 54% less volatile than the S&P 500. Comparatively, Newmont has a beta of 0.49, suggesting that its stock price is 51% less volatile than the S&P 500.
Barrick Gold has a net margin of 12.58% compared to Newmont's net margin of -20.33%. Barrick Gold's return on equity of 6.83% beat Newmont's return on equity.
Barrick Gold has higher earnings, but lower revenue than Newmont. Newmont is trading at a lower price-to-earnings ratio than Barrick Gold, indicating that it is currently the more affordable of the two stocks.
Summary
Barrick Gold 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 ABX 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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