ABX vs. AEM, WPM, FNV, NGT, TNX, K, NTR, TECK.B, IVN, and FM
Should you be buying Barrick Gold stock or one of its competitors? The main competitors of Barrick Gold include Agnico Eagle Mines (AEM), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Newmont (NGT), TRX Gold (TNX), Kinross Gold (K), Nutrien (NTR), Teck Resources (TECK.B), Ivanhoe Mines (IVN), and First Quantum Minerals (FM). These companies are all part of the "basic materials" sector.
Agnico Eagle Mines (TSE:AEM) and Barrick Gold (TSE:ABX) are both large-cap basic materials companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, dividends, media sentiment, analyst recommendations, risk, institutional ownership, profitability, earnings and community ranking.
Agnico Eagle Mines pays an annual dividend of C$2.15 per share and has a dividend yield of 2.5%. Barrick Gold pays an annual dividend of C$0.54 per share and has a dividend yield of 2.4%. Agnico Eagle Mines pays out 39.7% of its earnings in the form of a dividend. Barrick Gold pays out 54.5% 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. Agnico Eagle Mines is clearly the better dividend stock, given its higher yield and lower payout ratio.
In the previous week, Agnico Eagle Mines had 4 more articles in the media than Barrick Gold. MarketBeat recorded 13 mentions for Agnico Eagle Mines and 9 mentions for Barrick Gold. Barrick Gold's average media sentiment score of 0.73 beat Agnico Eagle Mines' score of 0.66 indicating that Agnico Eagle Mines is being referred to more favorably in the media.
71.6% of Agnico Eagle Mines shares are held by institutional investors. Comparatively, 63.7% of Barrick Gold shares are held by institutional investors. 0.1% of Agnico Eagle Mines shares are held by insiders. Comparatively, 0.6% of Barrick Gold shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Agnico Eagle Mines currently has a consensus price target of C$97.50, indicating a potential upside of 10.93%. Barrick Gold has a consensus price target of C$29.27, indicating a potential upside of 27.94%. Given Agnico Eagle Mines' higher probable upside, analysts plainly believe Barrick Gold is more favorable than Agnico Eagle Mines.
Agnico Eagle Mines has a net margin of 29.29% compared to Agnico Eagle Mines' net margin of 11.16%. Barrick Gold's return on equity of 10.89% beat Agnico Eagle Mines' return on equity.
Agnico Eagle Mines has a beta of 1.07, suggesting that its stock price is 7% more volatile than the S&P 500. Comparatively, Barrick Gold has a beta of 0.46, suggesting that its stock price is 54% less volatile than the S&P 500.
Agnico Eagle Mines has higher earnings, but lower revenue than Barrick Gold. Agnico Eagle Mines is trading at a lower price-to-earnings ratio than Barrick Gold, indicating that it is currently the more affordable of the two stocks.
Barrick Gold received 124 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. Likewise, 63.55% of users gave Barrick Gold an outperform vote while only 60.51% of users gave Agnico Eagle Mines an outperform vote.
Summary
Agnico Eagle Mines beats Barrick Gold on 13 of the 20 factors compared between the two stocks.
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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.
This 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.
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