CCJ vs. NXE, EU, IPX, NMG, LITM, FMST, SCCO, RIO, VNTR, and VNTRQ
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), Venator Materials (VNTR), and Venator Materials (VNTRQ).
NexGen Energy (NYSE:NXE) and Cameco (NYSE:CCJ) are both basic materials companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, community ranking, media sentiment, earnings, institutional ownership, analyst recommendations, risk, valuation and profitability.
Cameco received 513 more outperform votes than NexGen Energy when rated by MarketBeat users. However, 100.00% of users gave NexGen Energy an outperform vote while only 62.85% 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 price target of $11.00, indicating a potential upside of 56.03%. Cameco has a consensus price target of $40.25, indicating a potential downside of 26.23%. Given Cameco's stronger consensus rating and higher probable upside, equities research analysts clearly believe NexGen Energy is more favorable than Cameco.
In the previous week, Cameco had 7 more articles in the media than NexGen Energy. MarketBeat recorded 13 mentions for Cameco and 6 mentions for NexGen Energy. Cameco's average media sentiment score of 1.49 beat NexGen Energy's score of 1.16 indicating that NexGen Energy is being referred to more favorably in the media.
42.4% of NexGen Energy shares are held by institutional investors. Comparatively, 70.2% of Cameco shares are held by institutional investors. 5.6% of NexGen Energy shares are held by insiders. Comparatively, 1.0% of Cameco shares are held by 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.
NexGen Energy has a beta of 1.92, meaning that its share price is 92% more volatile than the S&P 500. Comparatively, Cameco has a beta of 0.93, meaning that its share price is 7% 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.
Summary
Cameco beats NexGen Energy on 10 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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