NEM vs. AEM, GOLD, WPM, FNV, GFI, APD, NUE, DOW, VALE, and LYB
Should you be buying Newmont stock or one of its competitors? The main competitors of Newmont include Agnico Eagle Mines (AEM), Barrick Gold (GOLD), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Gold Fields (GFI), Air Products and Chemicals (APD), Nucor (NUE), DOW (DOW), Vale (VALE), and LyondellBasell Industries (LYB). These companies are all part of the "basic materials" sector.
Agnico Eagle Mines (NYSE:AEM) and Newmont (NYSE:NEM) are both large-cap basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, earnings, dividends, institutional ownership, risk, profitability, valuation, community ranking and media sentiment.
Agnico Eagle Mines has a beta of 1.04, meaning that its stock price is 4% more volatile than the S&P 500. Comparatively, Newmont has a beta of 0.48, meaning that its stock price is 52% less volatile than the S&P 500.
68.3% of Agnico Eagle Mines shares are held by institutional investors. Comparatively, 68.9% of Newmont shares are held by institutional investors. 0.5% 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.
In the previous week, Agnico Eagle Mines had 3 more articles in the media than Newmont. MarketBeat recorded 32 mentions for Agnico Eagle Mines and 29 mentions for Newmont. Newmont's average media sentiment score of 0.79 beat Agnico Eagle Mines' score of 0.69 indicating that Agnico Eagle Mines is being referred to more favorably in the media.
Agnico Eagle Mines currently has a consensus target price of $69.63, suggesting a potential upside of 7.05%. Newmont has a consensus target price of $48.35, suggesting a potential upside of 18.90%. Given Agnico Eagle Mines' higher possible upside, analysts clearly believe Newmont is more favorable than Agnico Eagle Mines.
Agnico Eagle Mines has a net margin of 6.79% compared to Agnico Eagle Mines' net margin of -20.19%. Agnico Eagle Mines' return on equity of 6.88% beat Newmont's return on equity.
Agnico Eagle Mines pays an annual dividend of $1.60 per share and has a dividend yield of 2.5%. Newmont pays an annual dividend of $1.00 per share and has a dividend yield of 2.5%. Agnico Eagle Mines pays out 168.4% 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 -37.5% of its earnings in the form of a dividend.
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.
Newmont received 269 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. Likewise, 63.34% of users gave Newmont an outperform vote while only 57.79% of users gave Agnico Eagle Mines an outperform vote.
Summary
Agnico Eagle Mines beats Newmont on 12 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NEM 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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