Agnico Eagle Mines (NYSE: AEM) is one of 61 public companies in the “Gold Mining” industry, but how does it contrast to its peers? We will compare Agnico Eagle Mines to related businesses based on the strength of its analyst recommendations, dividends, profitability, institutional ownership, risk, valuation and earnings.
Valuation and Earnings
This table compares Agnico Eagle Mines and its peers revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Agnico Eagle Mines||$2.14 billion||$158.82 million||37.36|
|Agnico Eagle Mines Competitors||$2.41 billion||-$32.21 million||183.21|
Volatility & Risk
Agnico Eagle Mines has a beta of -0.73, suggesting that its stock price is 173% less volatile than the S&P 500. Comparatively, Agnico Eagle Mines’ peers have a beta of -0.11, suggesting that their average stock price is 111% less volatile than the S&P 500.
This table compares Agnico Eagle Mines and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Agnico Eagle Mines||12.47%||5.61%||3.55%|
|Agnico Eagle Mines Competitors||-2,998.75%||-8.66%||-3.99%|
Agnico Eagle Mines pays an annual dividend of $0.44 per share and has a dividend yield of 1.0%. Agnico Eagle Mines pays out 37.6% of its earnings in the form of a dividend. As a group, “Gold Mining” companies pay a dividend yield of 1.0% and pay out 68.7% of their earnings in the form of a dividend. Agnico Eagle Mines has increased its dividend for 5 consecutive years. Agnico Eagle Mines is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.
This is a breakdown of current ratings and target prices for Agnico Eagle Mines and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Agnico Eagle Mines||0||3||5||0||2.63|
|Agnico Eagle Mines Competitors||471||1832||2141||48||2.39|
Agnico Eagle Mines presently has a consensus target price of $54.93, indicating a potential upside of 25.67%. As a group, “Gold Mining” companies have a potential upside of 49.06%. Given Agnico Eagle Mines’ peers higher probable upside, analysts plainly believe Agnico Eagle Mines has less favorable growth aspects than its peers.
Insider & Institutional Ownership
58.3% of Agnico Eagle Mines shares are owned by institutional investors. Comparatively, 44.2% of shares of all “Gold Mining” companies are owned by institutional investors. 0.5% of Agnico Eagle Mines shares are owned by insiders. Comparatively, 7.9% of shares of all “Gold Mining” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Agnico Eagle Mines beats its peers on 9 of the 15 factors compared.
About Agnico Eagle Mines
Agnico Eagle Mines Ltd is a Canada-based gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut, as well as exploration activities in Canada, Europe, Latin America and the United States. It operates through the business units: Northern Business, which consists of its operations in Canada and Finland, such as the LaRonde mine, the Lapa mine, the Goldex mine, the Meadowbank mine, the Meliadine project and the Malartic Mine in Canada, as well as the Kittila mine in Finland; Southern Business, which consists of its operations in Mexico, such as the Pinos Altos mine that includes the Creston Mascota deposit and the La India mine owned by its indirect subsidiary, as well as Exploration Group, which focuses on the identification of new mineral reserves and mineral resources, and new development opportunities in gold producing regions. Its exploration activities are concentrated in Canada, Europe, Latin America and the United States.
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