AEM vs. GOLD, WPM, FNV, NEM, GFI, AU, KGC, DD, PPG, and LYB
Should you be buying Agnico Eagle Mines stock or one of its competitors? The main competitors of Agnico Eagle Mines include Barrick Gold (GOLD), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Newmont (NEM), Gold Fields (GFI), AngloGold Ashanti (AU), Kinross Gold (KGC), DuPont de Nemours (DD), PPG Industries (PPG), and LyondellBasell Industries (LYB). These companies are all part of the "basic materials" sector.
Agnico Eagle Mines (NYSE:AEM) and Barrick Gold (NYSE:GOLD) are both large-cap basic materials companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, community ranking, analyst recommendations, valuation, profitability, earnings, dividends and risk.
Agnico Eagle Mines has a beta of 1.06, meaning that its share price is 6% more volatile than the S&P 500. Comparatively, Barrick Gold has a beta of 0.58, meaning that its share price is 42% less volatile than the S&P 500.
Barrick Gold received 145 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. However, 57.67% of users gave Agnico Eagle Mines an outperform vote while only 56.77% of users gave Barrick Gold an outperform vote.
In the previous week, Agnico Eagle Mines had 8 more articles in the media than Barrick Gold. MarketBeat recorded 35 mentions for Agnico Eagle Mines and 27 mentions for Barrick Gold. Agnico Eagle Mines' average media sentiment score of 0.79 beat Barrick Gold's score of 0.42 indicating that Agnico Eagle Mines is being referred to more favorably in the media.
Agnico Eagle Mines currently has a consensus price target of $64.14, suggesting a potential downside of 4.31%. Barrick Gold has a consensus price target of $21.60, suggesting a potential upside of 26.39%. Given Barrick Gold's higher possible upside, analysts clearly believe Barrick Gold is more favorable than Agnico Eagle Mines.
68.3% of Agnico Eagle Mines shares are owned by institutional investors. Comparatively, 62.9% of Barrick Gold shares are owned by institutional investors. 0.5% of Agnico Eagle Mines shares are owned by insiders. Comparatively, 0.6% of Barrick Gold shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Agnico Eagle Mines pays an annual dividend of $1.60 per share and has a dividend yield of 2.4%. Barrick Gold pays an annual dividend of $0.40 per share and has a dividend yield of 2.3%. Agnico Eagle Mines pays out 38.9% of its earnings in the form of a dividend. Barrick Gold pays out 55.6% 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.
Agnico Eagle Mines has a net margin of 29.29% compared to Barrick Gold's net margin of 11.16%. Agnico Eagle Mines' return on equity of 5.54% beat Barrick Gold's return on equity.
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.
Summary
Agnico Eagle Mines beats Barrick Gold on 14 of the 20 factors compared between the two stocks.
Get Agnico Eagle Mines News Delivered to You Automatically
Sign up to receive the latest news and ratings for AEM and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding AEM 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.
Agnico Eagle Mines Competitors List
Related Companies and Tools
