NXE vs. ALTM, CRS, HUN, AMR, BCPC, CC, FUL, AVNT, SMG, and ASH
Should you be buying NexGen Energy stock or one of its competitors? The main competitors of NexGen Energy include Arcadium Lithium (ALTM), Carpenter Technology (CRS), Huntsman (HUN), Alpha Metallurgical Resources (AMR), Balchem (BCPC), Chemours (CC), H.B. Fuller (FUL), Avient (AVNT), Scotts Miracle-Gro (SMG), and Ashland (ASH). These companies are all part of the "basic materials" sector.
Arcadium Lithium (NYSE:ALTM) and NexGen Energy (NYSE:NXE) are both mid-cap basic materials companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, institutional ownership, community ranking, valuation, analyst recommendations, media sentiment, risk, earnings and profitability.
Arcadium Lithium has higher revenue and earnings than NexGen Energy. Arcadium Lithium is trading at a lower price-to-earnings ratio than NexGen Energy, indicating that it is currently the more affordable of the two stocks.
27.0% of Arcadium Lithium shares are held by institutional investors. Comparatively, 42.4% of NexGen Energy shares are held by institutional investors. 1.2% of Arcadium Lithium shares are held by company insiders. Comparatively, 5.6% of NexGen Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
NexGen Energy's return on equity of 0.00% beat Arcadium Lithium's return on equity.
NexGen Energy has a consensus target price of $11.00, suggesting a potential upside of 32.69%. Given Arcadium Lithium's higher possible upside, analysts plainly believe NexGen Energy is more favorable than Arcadium Lithium.
NexGen Energy received 1 more outperform votes than Arcadium Lithium when rated by MarketBeat users.
Arcadium Lithium has a beta of 1.82, indicating that its stock price is 82% more volatile than the S&P 500. Comparatively, NexGen Energy has a beta of 1.9, indicating that its stock price is 90% more volatile than the S&P 500.
In the previous week, NexGen Energy had 14 more articles in the media than Arcadium Lithium. MarketBeat recorded 17 mentions for NexGen Energy and 3 mentions for Arcadium Lithium. Arcadium Lithium's average media sentiment score of 0.96 beat NexGen Energy's score of 0.69 indicating that NexGen Energy is being referred to more favorably in the news media.
Summary
NexGen Energy beats Arcadium Lithium on 9 of the 14 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NXE 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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