NXE vs. DML, ERF, WCP, PSK, SCR, CPG, POU, PKI, BTE, and KEY
Should you be buying NexGen Energy stock or one of its competitors? The main competitors of NexGen Energy include Denison Mines (DML), Enerplus (ERF), Whitecap Resources (WCP), PrairieSky Royalty (PSK), Strathcona Resources (SCR), Crescent Point Energy (CPG), Paramount Resources (POU), Parkland (PKI), Baytex Energy (BTE), and Keyera (KEY). These companies are all part of the "energy" sector.
Denison Mines (TSE:DML) and NexGen Energy (TSE:NXE) are both mid-cap energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, risk, institutional ownership, community ranking, dividends, profitability, valuation, media sentiment and analyst recommendations.
Denison Mines has a net margin of 4,871.97% compared to Denison Mines' net margin of 0.00%. NexGen Energy's return on equity of 16.58% beat Denison Mines' return on equity.
Denison Mines has a beta of 1.9, indicating that its stock price is 90% more volatile than the S&P 500. Comparatively, NexGen Energy has a beta of 1.8, indicating that its stock price is 80% more volatile than the S&P 500.
49.8% of Denison Mines shares are owned by institutional investors. Comparatively, 48.4% of NexGen Energy shares are owned by institutional investors. 0.4% of Denison Mines shares are owned by insiders. Comparatively, 8.0% of NexGen Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Denison Mines received 427 more outperform votes than NexGen Energy when rated by MarketBeat users. Likewise, 63.74% of users gave Denison Mines an outperform vote while only 57.14% of users gave NexGen Energy an outperform vote.
Denison Mines has higher revenue and earnings than NexGen Energy. Denison Mines is trading at a lower price-to-earnings ratio than NexGen Energy, indicating that it is currently the more affordable of the two stocks.
In the previous week, NexGen Energy had 3 more articles in the media than Denison Mines. MarketBeat recorded 6 mentions for NexGen Energy and 3 mentions for Denison Mines. Denison Mines' average media sentiment score of 0.85 beat NexGen Energy's score of 0.77 indicating that NexGen Energy is being referred to more favorably in the news media.
Denison Mines presently has a consensus target price of C$3.14, indicating a potential upside of 13.36%. NexGen Energy has a consensus target price of C$13.41, indicating a potential upside of 23.22%. Given Denison Mines' stronger consensus rating and higher probable upside, analysts plainly believe NexGen Energy is more favorable than Denison Mines.
Summary
Denison Mines beats NexGen Energy on 9 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NXE 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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