ASIX vs. NFGC, GATO, LAC, TGB, ZEUS, DRD, WLKP, HAYN, EU, and CLW
Should you be buying AdvanSix stock or one of its competitors? The main competitors of AdvanSix include New Found Gold (NFGC), Gatos Silver (GATO), Lithium Americas (LAC), Taseko Mines (TGB), Olympic Steel (ZEUS), DRDGOLD (DRD), Westlake Chemical Partners (WLKP), Haynes International (HAYN), enCore Energy (EU), and Clearwater Paper (CLW). These companies are all part of the "basic materials" sector.
New Found Gold (NYSE:NFGC) and AdvanSix (NYSE:ASIX) are both small-cap basic materials companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, media sentiment, institutional ownership, community ranking, risk, valuation, earnings and dividends.
New Found Gold has a beta of 1.22, indicating that its share price is 22% more volatile than the S&P 500. Comparatively, AdvanSix has a beta of 1.73, indicating that its share price is 73% more volatile than the S&P 500.
In the previous week, New Found Gold had 4 more articles in the media than AdvanSix. MarketBeat recorded 7 mentions for New Found Gold and 3 mentions for AdvanSix. AdvanSix's average media sentiment score of 0.34 beat New Found Gold's score of 0.33 indicating that New Found Gold is being referred to more favorably in the media.
AdvanSix has a net margin of 3.56% compared to AdvanSix's net margin of 0.00%. New Found Gold's return on equity of 6.98% beat AdvanSix's return on equity.
3.4% of New Found Gold shares are owned by institutional investors. Comparatively, 86.4% of AdvanSix shares are owned by institutional investors. 5.2% of AdvanSix shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
AdvanSix has higher revenue and earnings than New Found Gold. New Found Gold is trading at a lower price-to-earnings ratio than AdvanSix, indicating that it is currently the more affordable of the two stocks.
New Found Gold presently has a consensus target price of $9.00, suggesting a potential upside of 136.84%. AdvanSix has a consensus target price of $40.00, suggesting a potential upside of 53.79%. Given AdvanSix's higher possible upside, analysts plainly believe New Found Gold is more favorable than AdvanSix.
AdvanSix received 241 more outperform votes than New Found Gold when rated by MarketBeat users. However, 100.00% of users gave New Found Gold an outperform vote while only 65.53% of users gave AdvanSix an outperform vote.
Summary
AdvanSix beats New Found Gold on 11 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ASIX 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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