CCJ vs. NXE, EU, IPX, NMG, LITM, FMST, SCCO, RIO, FCX, and VNTR
Should you be buying Cameco stock or one of its competitors? The main competitors of Cameco include NexGen Energy (NXE), enCore Energy (EU), IperionX (IPX), Nouveau Monde Graphite (NMG), Snow Lake Resources (LITM), Foremost Lithium Resource & Technology (FMST), Southern Copper (SCCO), Rio Tinto Group (RIO), Freeport-McMoRan (FCX), and Venator Materials (VNTR).
NexGen Energy (NYSE:NXE) and Cameco (NYSE:CCJ) are both basic materials companies, but which is the superior investment? We will compare the two businesses based on the strength of their community ranking, analyst recommendations, dividends, media sentiment, profitability, valuation, earnings, institutional ownership and risk.
NexGen Energy has a beta of 1.9, suggesting that its stock price is 90% more volatile than the S&P 500. Comparatively, Cameco has a beta of 0.92, suggesting that its stock price is 8% less volatile than the S&P 500.
Cameco has higher revenue and earnings than NexGen Energy. NexGen Energy is trading at a lower price-to-earnings ratio than Cameco, indicating that it is currently the more affordable of the two stocks.
In the previous week, Cameco had 5 more articles in the media than NexGen Energy. MarketBeat recorded 13 mentions for Cameco and 8 mentions for NexGen Energy. NexGen Energy's average media sentiment score of 1.00 beat Cameco's score of 0.28 indicating that Cameco is being referred to more favorably in the news media.
42.4% of NexGen Energy shares are owned by institutional investors. Comparatively, 70.2% of Cameco shares are owned by institutional investors. 5.6% of NexGen Energy shares are owned by insiders. Comparatively, 1.0% of Cameco shares are owned by 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.
Cameco received 512 more outperform votes than NexGen Energy when rated by MarketBeat users. However, 100.00% of users gave NexGen Energy an outperform vote while only 62.80% of users gave Cameco an outperform vote.
Cameco has a net margin of 9.28% compared to Cameco's net margin of 0.00%. NexGen Energy's return on equity of 4.60% beat Cameco's return on equity.
NexGen Energy currently has a consensus target price of $11.00, suggesting a potential upside of 41.39%. Cameco has a consensus target price of $40.25, suggesting a potential downside of 27.49%. Given Cameco's stronger consensus rating and higher possible upside, analysts clearly believe NexGen Energy is more favorable than Cameco.
Summary
Cameco beats NexGen Energy on 11 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CCJ 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 NYSE 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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