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 investment? We will compare the two businesses based on the strength of their analyst recommendations, earnings, profitability, risk, community ranking, dividends, media sentiment, institutional ownership and valuation.
71.0% of Newmont shares are owned by institutional investors. Comparatively, 71.8% of Agnico Eagle Mines shares are owned by institutional investors. 0.1% of Newmont shares are owned by company insiders. Comparatively, 0.1% of Agnico Eagle Mines shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
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, suggesting that its stock price is 51% less volatile than the S&P 500. Comparatively, Agnico Eagle Mines has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500.
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 currently has a consensus price target of C$59.00, suggesting a potential upside of 1.92%. Agnico Eagle Mines has a consensus price target of C$97.50, suggesting a potential upside of 3.65%. Given Newmont's stronger consensus rating and higher probable upside, analysts plainly believe Agnico Eagle Mines is more favorable than Newmont.
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 -30.8% 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.
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.
In the previous week, Agnico Eagle Mines had 13 more articles in the media than Newmont. MarketBeat recorded 14 mentions for Agnico Eagle Mines and 1 mentions for Newmont. Newmont's average media sentiment score of 0.30 beat Agnico Eagle Mines' score of 0.10 indicating that Agnico Eagle Mines is being referred to more favorably in the news media.
Summary
Agnico Eagle Mines beats Newmont on 15 of the 20 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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