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.
Agnico Eagle Mines (TSE:AEM) and Newmont (TSE:NGT) are both large-cap basic materials companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, valuation, profitability, media sentiment, institutional ownership, analyst recommendations, community ranking, dividends and risk.
Agnico Eagle Mines currently has a consensus price target of C$97.50, suggesting a potential upside of 11.10%. Newmont has a consensus price target of C$59.00, suggesting a potential upside of 6.17%. Given Agnico Eagle Mines' stronger consensus rating and higher probable upside, analysts clearly believe Agnico Eagle Mines is more favorable than Newmont.
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.
71.3% of Agnico Eagle Mines shares are held by institutional investors. Comparatively, 71.0% of Newmont shares are held by institutional investors. 0.1% 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 endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Agnico Eagle Mines pays an annual dividend of C$2.15 per share and has a dividend yield of 2.4%. Newmont pays an annual dividend of C$1.37 per share and has a dividend yield of 2.5%. 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 pays out -30.6% of its earnings in the form of a dividend. Newmont is clearly the better dividend stock, given its higher yield and lower payout ratio.
Agnico Eagle Mines has a net margin of 6.79% compared to Newmont's net margin of -20.33%. Agnico Eagle Mines' return on equity of 2.39% beat Newmont's return on equity.
Agnico Eagle Mines has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500. Comparatively, Newmont has a beta of 0.49, suggesting that its stock price is 51% less 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.
In the previous week, Agnico Eagle Mines had 10 more articles in the media than Newmont. MarketBeat recorded 10 mentions for Agnico Eagle Mines and 0 mentions for Newmont. Agnico Eagle Mines' average media sentiment score of 0.87 beat Newmont's score of 0.71 indicating that Agnico Eagle Mines is being referred to more favorably in the media.
Summary
Agnico Eagle Mines beats Newmont on 15 of the 20 factors compared between the two stocks.
Get Agnico Eagle Mines News Delivered to You Automatically
Sign up to receive the latest news and ratings for AEM and its competitors with MarketBeat's FREE daily newsletter.
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.
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
Agnico Eagle Mines Competitors List
Related Companies and Tools