MX vs. HBM, BTO, LUG, SJ, OR, ELD, CGG, CIA, ERO, and IMG
Should you be buying Methanex stock or one of its competitors? The main competitors of Methanex include Hudbay Minerals (HBM), B2Gold (BTO), Lundin Gold (LUG), Stella-Jones (SJ), Osisko Gold Royalties (OR), Eldorado Gold (ELD), China Gold International Resources (CGG), Champion Iron (CIA), Ero Copper (ERO), and IAMGOLD (IMG). These companies are all part of the "basic materials" sector.
Methanex (TSE:MX) and Hudbay Minerals (TSE:HBM) are both mid-cap basic materials companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, community ranking, institutional ownership, risk, profitability, media sentiment, valuation, analyst recommendations and earnings.
Methanex currently has a consensus price target of C$50.00, indicating a potential downside of 31.49%. Hudbay Minerals has a consensus price target of C$13.77, indicating a potential downside of 1.53%. Given Hudbay Minerals' stronger consensus rating and higher probable upside, analysts plainly believe Hudbay Minerals is more favorable than Methanex.
Methanex has a net margin of 4.64% compared to Hudbay Minerals' net margin of 3.93%. Methanex's return on equity of 11.42% beat Hudbay Minerals' return on equity.
Hudbay Minerals received 434 more outperform votes than Methanex when rated by MarketBeat users. Likewise, 62.56% of users gave Hudbay Minerals an outperform vote while only 59.10% of users gave Methanex an outperform vote.
Methanex has higher revenue and earnings than Hudbay Minerals. Methanex is trading at a lower price-to-earnings ratio than Hudbay Minerals, indicating that it is currently the more affordable of the two stocks.
Methanex pays an annual dividend of C$1.01 per share and has a dividend yield of 1.4%. Hudbay Minerals pays an annual dividend of C$0.02 per share and has a dividend yield of 0.1%. Methanex pays out 29.7% of its earnings in the form of a dividend. Hudbay Minerals pays out 6.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
83.3% of Methanex shares are held by institutional investors. Comparatively, 65.6% of Hudbay Minerals shares are held by institutional investors. 0.3% of Methanex shares are held by company insiders. Comparatively, 0.1% of Hudbay Minerals shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Methanex has a beta of 1.91, indicating that its stock price is 91% more volatile than the S&P 500. Comparatively, Hudbay Minerals has a beta of 1.96, indicating that its stock price is 96% more volatile than the S&P 500.
In the previous week, Hudbay Minerals had 25 more articles in the media than Methanex. MarketBeat recorded 29 mentions for Hudbay Minerals and 4 mentions for Methanex. Hudbay Minerals' average media sentiment score of 0.80 beat Methanex's score of 0.34 indicating that Hudbay Minerals is being referred to more favorably in the news media.
Summary
Hudbay Minerals beats Methanex on 13 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MX 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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