DQ vs. NGD, GPRE, SA, SLCA, PRM, CGAU, KRO, SSRM, OEC, and GSM
Should you be buying Daqo New Energy stock or one of its competitors? The main competitors of Daqo New Energy include New Gold (NGD), Green Plains (GPRE), Seabridge Gold (SA), U.S. Silica (SLCA), Perimeter Solutions (PRM), Centerra Gold (CGAU), Kronos Worldwide (KRO), SSR Mining (SSRM), Orion (OEC), and Ferroglobe (GSM). These companies are all part of the "basic materials" sector.
New Gold (NYSE:NGD) and Daqo New Energy (NYSE:DQ) are both small-cap basic materials companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, media sentiment, risk, valuation, profitability, analyst recommendations, institutional ownership, dividends and community ranking.
42.8% of New Gold shares are owned by institutional investors. Comparatively, 47.2% of Daqo New Energy shares are owned by institutional investors. 0.2% of New Gold shares are owned by insiders. Comparatively, 24.3% of Daqo New Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Daqo New Energy has a net margin of 7.84% compared to Daqo New Energy's net margin of -9.81%. Daqo New Energy's return on equity of 5.23% beat New Gold's return on equity.
Daqo New Energy received 348 more outperform votes than New Gold when rated by MarketBeat users. Likewise, 66.60% of users gave Daqo New Energy an outperform vote while only 50.00% of users gave New Gold an outperform vote.
New Gold presently has a consensus price target of $1.64, suggesting a potential downside of 22.27%. Daqo New Energy has a consensus price target of $27.63, suggesting a potential upside of 47.65%. Given New Gold's higher possible upside, analysts plainly believe Daqo New Energy is more favorable than New Gold.
Daqo New Energy has higher revenue and earnings than New Gold. New Gold is trading at a lower price-to-earnings ratio than Daqo New Energy, indicating that it is currently the more affordable of the two stocks.
New Gold has a beta of 1.53, meaning that its share price is 53% more volatile than the S&P 500. Comparatively, Daqo New Energy has a beta of 0.32, meaning that its share price is 68% less volatile than the S&P 500.
In the previous week, New Gold had 7 more articles in the media than Daqo New Energy. MarketBeat recorded 9 mentions for New Gold and 2 mentions for Daqo New Energy. New Gold's average media sentiment score of 1.84 beat Daqo New Energy's score of 0.54 indicating that Daqo New Energy is being referred to more favorably in the news media.
Summary
Daqo New Energy beats New Gold on 12 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DQ 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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