NEM vs. AEM, GOLD, WPM, FNV, GFI, APD, DOW, VALE, NUE, and LYB
Should you be buying Newmont stock or one of its competitors? The main competitors of Newmont include Agnico Eagle Mines (AEM), Barrick Gold (GOLD), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Gold Fields (GFI), Air Products and Chemicals (APD), DOW (DOW), Vale (VALE), Nucor (NUE), and LyondellBasell Industries (LYB). These companies are all part of the "basic materials" sector.
Agnico Eagle Mines (NYSE:AEM) and Newmont (NYSE:NEM) are both large-cap basic materials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, institutional ownership, risk, dividends, earnings, profitability, media sentiment, community ranking and analyst recommendations.
Agnico Eagle Mines pays an annual dividend of $1.60 per share and has a dividend yield of 2.3%. Newmont pays an annual dividend of $1.00 per share and has a dividend yield of 2.3%. Agnico Eagle Mines pays out 168.4% 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 pays out -37.5% of its earnings in the form of a dividend. Newmont is clearly the better dividend stock, given its higher yield and lower payout ratio.
In the previous week, Newmont had 5 more articles in the media than Agnico Eagle Mines. MarketBeat recorded 20 mentions for Newmont and 15 mentions for Agnico Eagle Mines. Newmont's average media sentiment score of 0.90 beat Agnico Eagle Mines' score of 0.63 indicating that Agnico Eagle Mines is being referred to more favorably in the media.
68.3% of Agnico Eagle Mines shares are held by institutional investors. Comparatively, 68.9% of Newmont shares are held by institutional investors. 0.5% of Agnico Eagle Mines shares are held by insiders. Comparatively, 0.1% of Newmont shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Agnico Eagle Mines currently has a consensus price target of $69.63, indicating a potential downside of 0.69%. Newmont has a consensus price target of $48.11, indicating a potential upside of 9.98%. Given Agnico Eagle Mines' higher possible upside, analysts clearly believe Newmont is more favorable than Agnico Eagle Mines.
Newmont received 269 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. Likewise, 63.29% of users gave Newmont an outperform vote while only 57.79% of users gave Agnico Eagle Mines an outperform vote.
Agnico Eagle Mines has a net margin of 6.79% compared to Agnico Eagle Mines' net margin of -20.19%. Agnico Eagle Mines' return on equity of 6.88% beat Newmont's return on equity.
Agnico Eagle Mines has higher earnings, but lower revenue 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 has a beta of 1.04, indicating that its share price is 4% more volatile than the S&P 500. Comparatively, Newmont has a beta of 0.48, indicating that its share price is 52% less volatile than the S&P 500.
Summary
Agnico Eagle Mines and Newmont 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 NEM 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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