S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom

Newmont (NEM) Competitors

$38.56
+0.45 (+1.18%)
(As of 04/17/2024 ET)

NEM vs. AEM, GOLD, WPM, NUE, DOW, APD, MLM, VALE, VMC, and LYB

Should you be buying Newmont stock or one of its competitors? The main competitors of Newmont include Agnico Eagle Mines (AEM), Barrick Gold (GOLD), Wheaton Precious Metals (WPM), Nucor (NUE), DOW (DOW), Air Products and Chemicals (APD), Martin Marietta Materials (MLM), Vale (VALE), Vulcan Materials (VMC), and LyondellBasell Industries (LYB). These companies are all part of the "basic materials" sector.

Newmont vs.

Agnico Eagle Mines (NYSE:AEM) and Newmont (NYSE:NEM) are both large-cap basic materials companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, dividends, risk, analyst recommendations, earnings, valuation, profitability, institutional ownership and community ranking.

Newmont received 271 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. Likewise, 63.45% of users gave Newmont an outperform vote while only 57.73% of users gave Agnico Eagle Mines an outperform vote.

CompanyUnderperformOutperform
Agnico Eagle MinesOutperform Votes
635
57.73%
Underperform Votes
465
42.27%
NewmontOutperform Votes
906
63.45%
Underperform Votes
522
36.55%

68.3% of Agnico Eagle Mines shares are held by institutional investors. Comparatively, 68.9% of Newmont shares are held by institutional investors. 0.5% of Agnico Eagle Mines shares are held by insiders. Comparatively, 0.1% of Newmont shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Agnico Eagle Mines presently has a consensus price target of $63.71, indicating a potential upside of 1.96%. Newmont has a consensus price target of $51.99, indicating a potential upside of 34.82%. Given Agnico Eagle Mines' higher probable upside, analysts plainly believe Newmont is more favorable than Agnico Eagle Mines.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Agnico Eagle Mines
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Newmont
0 Sell rating(s)
6 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.57

Agnico Eagle Mines pays an annual dividend of $1.60 per share and has a dividend yield of 2.6%. Newmont pays an annual dividend of $1.00 per share and has a dividend yield of 2.6%. Agnico Eagle Mines pays out 38.9% of its earnings in the form of a dividend. Newmont pays out -42.0% 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. Newmont 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 Agnico Eagle Mines' net margin of -20.95%. Agnico Eagle Mines' return on equity of 6.21% beat Newmont's return on equity.

Company Net Margins Return on Equity Return on Assets
Agnico Eagle Mines29.29% 5.54% 3.75%
Newmont -20.95%6.21%3.19%

Agnico Eagle Mines has higher earnings, but lower revenue than Newmont. Newmont is trading at a lower price-to-earnings ratio than Agnico Eagle Mines, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Agnico Eagle Mines$6.63B4.70$1.94B$4.1115.20
Newmont$11.81B3.76-$2.49B-$2.38-16.20

Agnico Eagle Mines has a beta of 1.06, suggesting that its stock price is 6% more volatile than the S&P 500. Comparatively, Newmont has a beta of 0.5, suggesting that its stock price is 50% less volatile than the S&P 500.

In the previous week, Newmont had 2 more articles in the media than Agnico Eagle Mines. MarketBeat recorded 17 mentions for Newmont and 15 mentions for Agnico Eagle Mines. Agnico Eagle Mines' average media sentiment score of 0.72 beat Newmont's score of 0.71 indicating that Newmont is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Agnico Eagle Mines
7 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Newmont
11 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Newmont beats Agnico Eagle Mines on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NEM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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NEM vs. The Competition

MetricNewmontGold & silver ores IndustryMaterials SectorNYSE Exchange
Market Cap$44.45B$3.36B$2.86B$17.18B
Dividend Yield2.60%1.80%5.34%3.60%
P/E Ratio-16.2023.18140.6424.59
Price / Sales3.7611.67919,575.9810.04
Price / Cash12.7814.7123.5316.90
Price / Book1.522.323.564.85
Net Income-$2.49B-$1.63M$174.11M$965.88M
7 Day Performance-1.28%-2.64%-1.35%-3.85%
1 Month Performance13.81%15.01%12.82%-2.73%
1 Year Performance-20.45%-6.87%126.39%77.95%

Newmont Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AEM
Agnico Eagle Mines
4.3209 of 5 stars
$61.74
+0.5%
$63.71
+3.2%
+5.8%$30.78B$6.63B15.0215,875
GOLD
Barrick Gold
4.9713 of 5 stars
$16.48
-5.1%
$23.30
+41.4%
-16.2%$28.93B$11.40B22.8924,600Short Interest ↓
News Coverage
High Trading Volume
WPM
Wheaton Precious Metals
3.5863 of 5 stars
$51.27
+0.1%
$53.10
+3.6%
+0.7%$23.24B$1.02B43.0842Positive News
NUE
Nucor
3.5019 of 5 stars
$192.12
-1.0%
$186.67
-2.8%
+31.4%$46.10B$34.71B10.6832,000Upcoming Earnings
Analyst Report
DOW
DOW
4.1725 of 5 stars
$56.85
-0.8%
$57.58
+1.3%
+0.6%$39.93B$44.62B69.3335,900Dividend Announcement
APD
Air Products and Chemicals
4.7977 of 5 stars
$227.76
-1.5%
$276.36
+21.3%
-20.4%$50.63B$12.60B21.7323,000Analyst Downgrade
News Coverage
MLM
Martin Marietta Materials
4.2683 of 5 stars
$594.59
-0.8%
$588.69
-1.0%
+70.3%$36.76B$6.78B31.589,400Analyst Report
News Coverage
VALE
Vale
3.7867 of 5 stars
$11.67
-2.8%
$16.52
+41.6%
-26.9%$52.30B$41.78B6.3764,516Upcoming Earnings
Analyst Report
News Coverage
Gap Up
VMC
Vulcan Materials
3.8184 of 5 stars
$258.57
-0.7%
$268.85
+4.0%
+52.9%$34.20B$7.78B37.0410,961
LYB
LyondellBasell Industries
3.7248 of 5 stars
$99.15
-1.3%
$103.82
+4.7%
+2.4%$32.27B$41.11B15.3220,000

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This page (NYSE:NEM) was last updated on 4/17/2024 by MarketBeat.com Staff

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