X vs. IAG, IGM, ONEX, DFY, ELF, EQB, GSY, CWB, CIX, and BAM
Should you be buying TMX Group stock or one of its competitors? The main competitors of TMX Group include iA Financial (IAG), IGM Financial (IGM), Onex (ONEX), Definity Financial (DFY), E-L Financial (ELF), EQB (EQB), goeasy (GSY), Canadian Western Bank (CWB), CI Financial (CIX), and Brookfield Asset Management (BAM). These companies are all part of the "financial services" sector.
iA Financial (TSE:IAG) and TMX Group (TSE:X) are both financial services companies, but which is the better stock? We will contrast the two companies based on the strength of their community ranking, valuation, institutional ownership, risk, earnings, analyst recommendations, dividends, media sentiment and profitability.
iA Financial pays an annual dividend of C$3.28 per share and has a dividend yield of 3.9%. TMX Group pays an annual dividend of C$0.71 per share and has a dividend yield of 2.0%. iA Financial pays out 43.9% of its earnings in the form of a dividend. TMX Group pays out 55.5% 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. iA Financial is clearly the better dividend stock, given its higher yield and lower payout ratio.
iA Financial received 16 more outperform votes than TMX Group when rated by MarketBeat users. Likewise, 51.43% of users gave iA Financial an outperform vote while only 45.17% of users gave TMX Group an outperform vote.
iA Financial currently has a consensus target price of C$77.22, suggesting a potential downside of 8.89%. TMX Group has a consensus target price of C$38.38, suggesting a potential upside of 5.48%. Given iA Financial's higher probable upside, analysts clearly believe TMX Group is more favorable than iA Financial.
iA Financial has a beta of 1.13, indicating that its share price is 13% more volatile than the S&P 500. Comparatively, TMX Group has a beta of 0.39, indicating that its share price is 61% less volatile than the S&P 500.
iA Financial has higher revenue and earnings than TMX Group. iA Financial is trading at a lower price-to-earnings ratio than TMX Group, indicating that it is currently the more affordable of the two stocks.
TMX Group has a net margin of 12.28% compared to TMX Group's net margin of 9.95%. TMX Group's return on equity of 11.14% beat iA Financial's return on equity.
In the previous week, TMX Group had 4 more articles in the media than iA Financial. MarketBeat recorded 11 mentions for TMX Group and 7 mentions for iA Financial. iA Financial's average media sentiment score of 0.25 beat TMX Group's score of 0.02 indicating that TMX Group is being referred to more favorably in the news media.
47.1% of iA Financial shares are owned by institutional investors. Comparatively, 54.5% of TMX Group shares are owned by institutional investors. 0.2% of iA Financial shares are owned by company insiders. Comparatively, 5.6% of TMX Group shares are owned 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.
Summary
iA Financial beats TMX Group on 11 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding X 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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