AEM vs. GOLD, WPM, FNV, NEM, GFI, AU, KGC, DD, PPG, and LYB
Should you be buying Agnico Eagle Mines stock or one of its competitors? The main competitors of Agnico Eagle Mines include Barrick Gold (GOLD), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Newmont (NEM), Gold Fields (GFI), AngloGold Ashanti (AU), Kinross Gold (KGC), DuPont de Nemours (DD), PPG Industries (PPG), and LyondellBasell Industries (LYB). These companies are all part of the "basic materials" sector.
Agnico Eagle Mines (NYSE:AEM) and Barrick Gold (NYSE:GOLD) 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 earnings, risk, community ranking, analyst recommendations, valuation, institutional ownership, media sentiment, dividends and profitability.
Agnico Eagle Mines pays an annual dividend of $1.60 per share and has a dividend yield of 2.4%. Barrick Gold pays an annual dividend of $0.40 per share and has a dividend yield of 2.3%. Agnico Eagle Mines pays out 168.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Barrick Gold pays out 55.6% of its earnings in the form of a dividend.
Agnico Eagle Mines has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500. Comparatively, Barrick Gold has a beta of 0.58, indicating that its share price is 42% less volatile than the S&P 500.
Agnico Eagle Mines presently has a consensus price target of $64.14, suggesting a potential downside of 2.10%. Barrick Gold has a consensus price target of $21.60, suggesting a potential upside of 26.39%. Given Barrick Gold's higher possible upside, analysts clearly believe Barrick Gold is more favorable than Agnico Eagle Mines.
Barrick Gold received 145 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. However, 57.67% of users gave Agnico Eagle Mines an outperform vote while only 56.77% of users gave Barrick Gold an outperform vote.
68.3% of Agnico Eagle Mines shares are held by institutional investors. Comparatively, 62.8% of Barrick Gold shares are held by institutional investors. 0.5% of Agnico Eagle Mines shares are held by company insiders. Comparatively, 0.6% of Barrick Gold shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Agnico Eagle Mines has higher earnings, but lower revenue than Barrick Gold. Barrick Gold 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.
In the previous week, Agnico Eagle Mines had 14 more articles in the media than Barrick Gold. MarketBeat recorded 39 mentions for Agnico Eagle Mines and 25 mentions for Barrick Gold. Agnico Eagle Mines' average media sentiment score of 0.78 beat Barrick Gold's score of 0.72 indicating that Agnico Eagle Mines is being referred to more favorably in the media.
Barrick Gold has a net margin of 11.16% compared to Agnico Eagle Mines' net margin of 6.79%. Agnico Eagle Mines' return on equity of 6.08% beat Barrick Gold's return on equity.
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 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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