NEM vs. AEM, GOLD, WPM, FNV, GFI, NUE, DOW, APD, VALE, and DD
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), Vale (VALE), and DuPont de Nemours (DD). These companies are all part of the "basic materials" sector.
Agnico Eagle Mines (NYSE:AEM) and Newmont (NYSE:NEM) are both large-cap basic materials companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, valuation, risk, institutional ownership, media sentiment, earnings, community ranking, analyst recommendations and dividends.
Agnico Eagle Mines has a net margin of 6.79% compared to Agnico Eagle Mines' net margin of -20.19%. Agnico Eagle Mines' return on equity of 6.88% beat Newmont's return on equity.
Agnico Eagle Mines has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500. Comparatively, Newmont has a beta of 0.48, suggesting that its share price is 52% less volatile than the S&P 500.
68.3% of Agnico Eagle Mines shares are owned by institutional investors. Comparatively, 68.9% of Newmont shares are owned by institutional investors. 0.5% of Agnico Eagle Mines shares are owned by insiders. Comparatively, 0.1% of Newmont shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Newmont received 269 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. Likewise, 63.34% of users gave Newmont an outperform vote while only 57.79% of users gave Agnico Eagle Mines an outperform vote.
Agnico Eagle Mines has higher earnings, but lower revenue 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.
In the previous week, Newmont had 4 more articles in the media than Agnico Eagle Mines. MarketBeat recorded 21 mentions for Newmont and 17 mentions for Agnico Eagle Mines. Newmont's average media sentiment score of 0.78 beat Agnico Eagle Mines' score of 0.61 indicating that Agnico Eagle Mines is being referred to more favorably in the media.
Agnico Eagle Mines presently has a consensus target price of $69.63, indicating a potential upside of 5.05%. Newmont has a consensus target price of $48.35, indicating a potential upside of 16.41%. Given Agnico Eagle Mines' higher possible upside, analysts plainly believe Newmont is more favorable than Agnico Eagle Mines.
Agnico Eagle Mines pays an annual dividend of $1.60 per share and has a dividend yield of 2.4%. Newmont pays an annual dividend of $1.00 per share and has a dividend yield of 2.4%. 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 pays out -37.5% of its earnings in the form of a dividend.
Summary
Agnico Eagle Mines beats Newmont on 11 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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