GOLD vs. NEM, AEM, WPM, FNV, GFI, AU, KGC, PAAS, AGI, and HMY
Should you be buying Barrick Gold stock or one of its competitors? The main competitors of Barrick Gold include Newmont (NEM), Agnico Eagle Mines (AEM), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Gold Fields (GFI), AngloGold Ashanti (AU), Kinross Gold (KGC), Pan American Silver (PAAS), Alamos Gold (AGI), and Harmony Gold Mining (HMY). These companies are all part of the "gold & silver ores" industry.
Newmont (NYSE:NEM) and Barrick Gold (NYSE:GOLD) are both large-cap basic materials companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, earnings, valuation, risk, community ranking, dividends, analyst recommendations, institutional ownership and media sentiment.
Newmont pays an annual dividend of $1.00 per share and has a dividend yield of 2.5%. Barrick Gold pays an annual dividend of $0.40 per share and has a dividend yield of 2.5%. Newmont pays out -37.5% of its earnings in the form of a dividend. Barrick Gold pays out 48.8% 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.
68.9% of Newmont shares are held by institutional investors. Comparatively, 62.9% of Barrick Gold shares are held by institutional investors. 0.1% of Newmont shares are held by company insiders. Comparatively, 0.6% of Barrick Gold 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 had 6 more articles in the media than Barrick Gold. MarketBeat recorded 17 mentions for Newmont and 11 mentions for Barrick Gold. Newmont's average media sentiment score of 0.98 beat Barrick Gold's score of 0.76 indicating that Barrick Gold is being referred to more favorably in the news media.
Barrick Gold has lower revenue, but higher earnings 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.
Newmont presently has a consensus target price of $48.36, suggesting a potential upside of 20.05%. Barrick Gold has a consensus target price of $21.60, suggesting a potential upside of 33.33%. Given Newmont's stronger consensus rating and higher possible upside, analysts clearly believe Barrick Gold is more favorable than Newmont.
Newmont has a beta of 0.52, suggesting that its share price is 48% less volatile than the S&P 500. Comparatively, Barrick Gold has a beta of 0.59, suggesting that its share price is 41% less volatile than the S&P 500.
Barrick Gold has a net margin of 12.58% compared to Barrick Gold's net margin of -20.19%. Barrick Gold's return on equity of 6.88% beat Newmont's return on equity.
Newmont received 128 more outperform votes than Barrick Gold when rated by MarketBeat users. Likewise, 63.28% of users gave Newmont an outperform vote while only 56.77% of users gave Barrick Gold an outperform vote.
Summary
Newmont and Barrick Gold tied by winning 10 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GOLD 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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