NXE vs. DML, ERF, WCP, PSK, POU, SCR, BTE, PKI, CPG, and GEI
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), Paramount Resources (POU), Strathcona Resources (SCR), Baytex Energy (BTE), Parkland (PKI), Crescent Point Energy (CPG), and Gibson Energy (GEI). These companies are all part of the "energy" sector.
NexGen Energy (TSE:NXE) and Denison Mines (TSE:DML) are both mid-cap energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their media sentiment, risk, earnings, profitability, institutional ownership, dividends, analyst recommendations, valuation and community ranking.
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.
Denison Mines received 426 more outperform votes than NexGen Energy when rated by MarketBeat users. Likewise, 63.74% of users gave Denison Mines an outperform vote while only 56.67% of users gave NexGen Energy an outperform vote.
Denison Mines has a net margin of 4,871.97% compared to NexGen Energy's net margin of 0.00%. Denison Mines' return on equity of 16.58% beat NexGen Energy's return on equity.
NexGen Energy has a beta of 1.82, indicating that its share price is 82% more volatile than the S&P 500. Comparatively, Denison Mines has a beta of 1.9, indicating that its share price is 90% more volatile than the S&P 500.
48.3% of NexGen Energy shares are held by institutional investors. Comparatively, 50.2% of Denison Mines shares are held by institutional investors. 8.0% of NexGen Energy shares are held by insiders. Comparatively, 0.3% of Denison Mines shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
In the previous week, NexGen Energy had 7 more articles in the media than Denison Mines. MarketBeat recorded 11 mentions for NexGen Energy and 4 mentions for Denison Mines. NexGen Energy's average media sentiment score of 0.59 beat Denison Mines' score of -0.90 indicating that NexGen Energy is being referred to more favorably in the media.
NexGen Energy presently has a consensus target price of C$13.28, suggesting a potential upside of 34.84%. Denison Mines has a consensus target price of C$3.14, suggesting a potential upside of 10.56%. Given NexGen Energy's stronger consensus rating and higher probable upside, analysts clearly 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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