NEM vs. AEM, GOLD, WPM, FNV, GFI, NUE, DOW, APD, LYB, and VALE
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), Franco-Nevada (FNV), Gold Fields (GFI), Nucor (NUE), DOW (DOW), Air Products and Chemicals (APD), LyondellBasell Industries (LYB), and Vale (VALE). These companies are all part of the "basic materials" sector.
Newmont (NYSE:NEM) and Agnico Eagle Mines (NYSE:AEM) are both large-cap basic materials companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, analyst recommendations, community ranking, valuation, media sentiment, profitability and risk.
68.9% of Newmont shares are owned by institutional investors. Comparatively, 68.3% of Agnico Eagle Mines shares are owned by institutional investors. 0.1% of Newmont shares are owned by company insiders. Comparatively, 0.5% of Agnico Eagle Mines shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
In the previous week, Newmont had 8 more articles in the media than Agnico Eagle Mines. MarketBeat recorded 47 mentions for Newmont and 39 mentions for Agnico Eagle Mines. Newmont's average media sentiment score of 0.85 beat Agnico Eagle Mines' score of 0.78 indicating that Newmont is being referred to more favorably in the media.
Newmont received 271 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. Likewise, 63.36% of users gave Newmont an outperform vote while only 57.67% of users gave Agnico Eagle Mines an outperform vote.
Newmont has a beta of 0.5, indicating that its stock price is 50% less volatile than the S&P 500. Comparatively, Agnico Eagle Mines has a beta of 1.06, indicating that its stock price is 6% more volatile than the S&P 500.
Newmont pays an annual dividend of $1.00 per share and has a dividend yield of 2.3%. Agnico Eagle Mines pays an annual dividend of $1.60 per share and has a dividend yield of 2.4%. Newmont pays out -37.5% of its earnings in the form of a dividend. 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.
Newmont currently has a consensus price target of $51.77, indicating a potential upside of 21.16%. Agnico Eagle Mines has a consensus price target of $64.14, indicating a potential downside of 2.10%. Given Newmont's higher probable upside, research analysts plainly believe Newmont is more favorable than Agnico Eagle Mines.
Agnico Eagle Mines has lower revenue, but higher earnings 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.
Agnico Eagle Mines has a net margin of 6.79% compared to Newmont's net margin of -20.19%. Newmont's return on equity of 6.88% beat Agnico Eagle Mines' return on equity.
Summary
Newmont and Agnico Eagle Mines tied by winning 10 of the 20 factors compared between the two stocks.
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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.
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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