ABX vs. AEM, WPM, FNV, NGT, TNX, K, NTR, TECK.B, IVN, and FM
Should you be buying Barrick Gold stock or one of its competitors? The main competitors of Barrick Gold include Agnico Eagle Mines (AEM), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Newmont (NGT), TRX Gold (TNX), Kinross Gold (K), Nutrien (NTR), Teck Resources (TECK.B), Ivanhoe Mines (IVN), and First Quantum Minerals (FM). These companies are all part of the "basic materials" sector.
Barrick Gold (TSE:ABX) and Agnico Eagle Mines (TSE:AEM) are both large-cap basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their risk, earnings, institutional ownership, profitability, dividends, analyst recommendations, community ranking, media sentiment and valuation.
In the previous week, Agnico Eagle Mines had 8 more articles in the media than Barrick Gold. MarketBeat recorded 10 mentions for Agnico Eagle Mines and 2 mentions for Barrick Gold. Agnico Eagle Mines' average media sentiment score of 0.39 beat Barrick Gold's score of 0.30 indicating that Agnico Eagle Mines is being referred to more favorably in the news media.
Barrick Gold presently has a consensus price target of C$29.73, indicating a potential upside of 22.18%. Agnico Eagle Mines has a consensus price target of C$97.50, indicating a potential upside of 2.16%. Given Barrick Gold's higher probable upside, research analysts plainly believe Barrick Gold is more favorable than Agnico Eagle Mines.
Barrick Gold has higher revenue and earnings than Agnico Eagle Mines. 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.
Barrick Gold has a net margin of 12.58% compared to Agnico Eagle Mines' net margin of 6.79%. Barrick Gold's return on equity of 6.83% beat Agnico Eagle Mines' return on equity.
60.5% of Barrick Gold shares are owned by institutional investors. Comparatively, 71.8% of Agnico Eagle Mines shares are owned by institutional investors. 0.6% of Barrick Gold shares are owned by company insiders. Comparatively, 0.1% of Agnico Eagle Mines shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Barrick Gold pays an annual dividend of C$0.55 per share and has a dividend yield of 2.3%. Agnico Eagle Mines pays an annual dividend of C$2.15 per share and has a dividend yield of 2.3%. Barrick Gold pays out 49.5% of its earnings in the form of a dividend. Agnico Eagle Mines pays out 199.1% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.
Barrick Gold received 125 more outperform votes than Agnico Eagle Mines when rated by MarketBeat users. Likewise, 63.59% of users gave Barrick Gold an outperform vote while only 60.51% of users gave Agnico Eagle Mines an outperform vote.
Barrick Gold has a beta of 0.46, indicating that its stock price is 54% less volatile than the S&P 500. Comparatively, Agnico Eagle Mines has a beta of 1.04, indicating that its stock price is 4% more volatile than the S&P 500.
Summary
Barrick Gold beats Agnico Eagle Mines 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 ABX 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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