ABX vs. AEM, FNV, WPM, 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), Franco-Nevada (FNV), Wheaton Precious Metals (WPM), 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 superior investment? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, media sentiment, valuation, risk, community ranking, analyst recommendations and dividends.
71.6% of Agnico Eagle Mines shares are owned by institutional investors. Comparatively, 63.7% of Barrick Gold shares are owned by institutional investors. 0.1% of Agnico Eagle Mines shares are owned by company insiders. Comparatively, 0.6% of Barrick Gold shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
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.
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 2.3%. 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.
Agnico Eagle Mines presently has a consensus target price of C$87.25, suggesting a potential upside of 3.05%. Barrick Gold has a consensus target price of C$28.65, suggesting a potential upside of 19.52%. Given Agnico Eagle Mines' higher possible upside, analysts clearly believe Barrick Gold is more favorable than Agnico Eagle Mines.
Barrick Gold received 123 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. Likewise, 63.53% of users gave Barrick Gold an outperform vote while only 60.44% of users gave Agnico Eagle Mines an outperform vote.
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 share price is 7% more volatile than the S&P 500. Comparatively, Barrick Gold has a beta of 0.46, suggesting that its share price is 54% less volatile than the S&P 500.
In the previous week, Agnico Eagle Mines had 4 more articles in the media than Barrick Gold. MarketBeat recorded 11 mentions for Agnico Eagle Mines and 7 mentions for Barrick Gold. Agnico Eagle Mines' average media sentiment score of 0.18 beat Barrick Gold's score of 0.07 indicating that Barrick Gold is being referred to more favorably in the news media.
Summary
Agnico Eagle Mines beats Barrick Gold on 12 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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