AEM vs. ABX, WPM, FNV, NGT, TNX, K, NTR, TECK.B, IVN, and FM
Should you be buying Agnico Eagle Mines stock or one of its competitors? The main competitors of Agnico Eagle Mines include Barrick Gold (ABX), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), 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 contrast the two businesses based on the strength of their analyst recommendations, dividends, profitability, earnings, institutional ownership, community ranking, media sentiment, valuation and risk.
Agnico Eagle Mines pays an annual dividend of C$2.15 per share and has a dividend yield of 2.4%. 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 price target of C$97.50, suggesting a potential upside of 8.18%. Barrick Gold has a consensus price target of C$29.27, suggesting a potential upside of 25.26%. Given Barrick Gold's higher probable upside, analysts plainly believe Barrick Gold is more favorable than Agnico Eagle Mines.
Barrick Gold received 124 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. Likewise, 63.55% of users gave Barrick Gold an outperform vote while only 60.51% of users gave Agnico Eagle Mines an outperform vote.
In the previous week, Agnico Eagle Mines had 2 more articles in the media than Barrick Gold. MarketBeat recorded 24 mentions for Agnico Eagle Mines and 22 mentions for Barrick Gold. Agnico Eagle Mines' average media sentiment score of 0.51 beat Barrick Gold's score of 0.35 indicating that Agnico Eagle Mines is being referred to more favorably in the media.
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 10.89% 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.
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 endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Agnico Eagle Mines has a beta of 1.07, suggesting that its stock price is 7% more volatile than the S&P 500. Comparatively, Barrick Gold has a beta of 0.46, suggesting that its stock price is 54% less volatile than the S&P 500.
Summary
Agnico Eagle Mines beats Barrick Gold on 13 of the 20 factors compared between the two stocks.
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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 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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