HL vs. MEOH, TFPM, IOSP, SBSW, KWR, SXT, EGO, OR, CALM, and MP
Should you be buying Hecla Mining stock or one of its competitors? The main competitors of Hecla Mining include Methanex (MEOH), Triple Flag Precious Metals (TFPM), Innospec (IOSP), Sibanye Stillwater (SBSW), Quaker Chemical (KWR), Sensient Technologies (SXT), Eldorado Gold (EGO), Osisko Gold Royalties (OR), Cal-Maine Foods (CALM), and MP Materials (MP). These companies are all part of the "basic materials" sector.
Methanex (NASDAQ:MEOH) and Hecla Mining (NYSE:HL) are both mid-cap basic materials companies, but which is the superior business? We will contrast the two businesses based on the strength of their community ranking, institutional ownership, analyst recommendations, earnings, valuation, profitability, risk, dividends and media sentiment.
Methanex has a beta of 1.5, meaning that its share price is 50% more volatile than the S&P 500. Comparatively, Hecla Mining has a beta of 2.2, meaning that its share price is 120% more volatile than the S&P 500.
In the previous week, Methanex had 10 more articles in the media than Hecla Mining. MarketBeat recorded 17 mentions for Methanex and 7 mentions for Hecla Mining. Hecla Mining's average media sentiment score of 0.67 beat Methanex's score of 0.56 indicating that Methanex is being referred to more favorably in the media.
73.5% of Methanex shares are owned by institutional investors. Comparatively, 63.0% of Hecla Mining shares are owned by institutional investors. 1.0% of Methanex shares are owned by company insiders. Comparatively, 1.4% of Hecla Mining shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Methanex presently has a consensus price target of $53.75, suggesting a potential upside of 12.61%. Hecla Mining has a consensus price target of $6.68, suggesting a potential upside of 31.73%. Given Methanex's stronger consensus rating and higher probable upside, analysts clearly believe Hecla Mining is more favorable than Methanex.
Methanex pays an annual dividend of $0.74 per share and has a dividend yield of 1.5%. Hecla Mining pays an annual dividend of $0.03 per share and has a dividend yield of 0.6%. Methanex pays out 31.4% of its earnings in the form of a dividend. Hecla Mining pays out -20.0% 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. Methanex has raised its dividend for 3 consecutive years and Hecla Mining has raised its dividend for 1 consecutive years. Methanex is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Methanex received 301 more outperform votes than Hecla Mining when rated by MarketBeat users. Likewise, 63.92% of users gave Methanex an outperform vote while only 56.43% of users gave Hecla Mining an outperform vote.
Methanex has higher revenue and earnings than Hecla Mining. Hecla Mining is trading at a lower price-to-earnings ratio than Methanex, indicating that it is currently the more affordable of the two stocks.
Methanex has a net margin of 4.63% compared to Methanex's net margin of -11.69%. Hecla Mining's return on equity of 5.36% beat Methanex's return on equity.
Summary
Methanex beats Hecla Mining on 14 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding HL 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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