ABX vs. NGT, AEM, WPM, FNV, K, TNX, PAAS, AGI, YRI, and WFT
Should you be buying Barrick Gold stock or one of its competitors? The main competitors of Barrick Gold include Newmont (NGT), Agnico Eagle Mines (AEM), 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 Barrick Gold (TSE:ABX) are both large-cap basic materials companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, dividends, analyst recommendations, risk, media sentiment, profitability, community ranking and earnings.
In the previous week, Newmont and Newmont both had 1 articles in the media. Newmont's average media sentiment score of 1.05 beat Barrick Gold's score of 0.71 indicating that Barrick Gold is being referred to more favorably in the news media.
Newmont has a beta of 0.49, suggesting that its share price is 51% less volatile than the S&P 500. Comparatively, Barrick Gold has a beta of 0.46, suggesting that its share price is 54% less volatile than the S&P 500.
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 pays an annual dividend of C$1.37 per share and has a dividend yield of 2.5%. Barrick Gold pays an annual dividend of C$0.55 per share and has a dividend yield of 2.5%. Newmont pays out -30.6% of its earnings in the form of a dividend. Barrick Gold pays out 48.7% 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.
Barrick Gold has a net margin of 12.58% compared to Barrick Gold's net margin of -20.33%. Newmont's return on equity of 6.83% beat Barrick Gold's return on equity.
71.0% of Newmont shares are held by institutional investors. Comparatively, 60.6% 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 is poised for long-term growth.
Barrick Gold received 588 more outperform votes than Newmont when rated by MarketBeat users. However, 64.00% of users gave Newmont an outperform vote while only 63.59% of users gave Barrick Gold an outperform vote.
Newmont presently has a consensus target price of C$59.00, indicating a potential upside of 6.17%. Barrick Gold has a consensus target price of C$29.73, indicating a potential upside of 33.73%. Given Newmont's stronger consensus rating and higher probable upside, analysts clearly believe Barrick Gold is more favorable than Newmont.
Summary
Barrick Gold beats Newmont on 13 of the 19 factors compared between the two stocks.
Get Barrick Gold News Delivered to You Automatically
Sign up to receive the latest news and ratings for ABX and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding ABX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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.
Skip Chart
Barrick Gold Competitors List
Related Companies and Tools