AEM vs. ABX, WPM, FNV, NGT, K, TNX, NTR, TECK.B, IVN, and FM
Should you be buying Agnico Eagle Mines stock or one of its competitors? The main competitors of Agnico Eagle Mines include Barrick Gold (ABX), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Newmont (NGT), Kinross Gold (K), TRX Gold (TNX), 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 better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, media sentiment, risk, dividends, analyst recommendations, earnings, profitability and community ranking.
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 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 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.
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. Barrick Gold's average media sentiment score of 0.44 beat Agnico Eagle Mines' score of 0.30 indicating that Agnico Eagle Mines is being referred to more favorably in the news media.
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 insiders. Comparatively, 0.1% of Agnico Eagle Mines shares are owned 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.
Barrick Gold has a net margin of 12.58% compared to Barrick Gold's net margin of 6.79%. Agnico Eagle Mines' return on equity of 6.83% beat Barrick Gold's return on equity.
Barrick Gold presently has a consensus price target of C$29.73, suggesting a potential upside of 22.18%. Agnico Eagle Mines has a consensus price target of C$97.50, suggesting a potential upside of 2.16%. Given Agnico Eagle Mines' higher possible upside, research analysts plainly believe Barrick Gold is more favorable than Agnico Eagle Mines.
Barrick Gold has a beta of 0.46, suggesting that its share price is 54% less volatile than the S&P 500. Comparatively, Agnico Eagle Mines has a beta of 1.04, suggesting that its share 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 AEM 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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