Analyzing Iamgold (IAG) and The Competition
Iamgold (NYSE: IAG) is one of 61 public companies in the “Gold Mining” industry, but how does it compare to its peers? We will compare Iamgold to similar businesses based on the strength of its analyst recommendations, profitability, valuation, institutional ownership, earnings, risk and dividends.
This table compares Iamgold and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This table compares Iamgold and its peers revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Iamgold||$987.10 million||$52.60 million||4.59|
|Iamgold Competitors||$2.41 billion||-$32.21 million||171.26|
Iamgold’s peers have higher revenue, but lower earnings than Iamgold. Iamgold is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Volatility & Risk
Iamgold has a beta of -0.57, suggesting that its stock price is 157% less volatile than the S&P 500. Comparatively, Iamgold’s peers have a beta of -0.14, suggesting that their average stock price is 114% less volatile than the S&P 500.
This is a summary of recent ratings for Iamgold and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Iamgold currently has a consensus target price of $7.19, suggesting a potential upside of 42.35%. As a group, “Gold Mining” companies have a potential upside of 53.34%. Given Iamgold’s peers stronger consensus rating and higher probable upside, analysts plainly believe Iamgold has less favorable growth aspects than its peers.
Institutional and Insider Ownership
56.1% of Iamgold shares are owned by institutional investors. Comparatively, 44.2% of shares of all “Gold Mining” companies are owned by institutional investors. 7.9% of shares of all “Gold Mining” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Iamgold peers beat Iamgold on 8 of the 13 factors compared.
IAMGOLD Corporation (IAMGOLD) is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world. Through its holdings, IAMGOLD has interests in various operations, exploration and development properties. IAMGOLD is a mid-tier mining company with approximately four operating gold mines on over three continents. The Company’s gold mine segment is divided into geographic segments, such as Burkina Faso – Essakane mine; Suriname-Rosebel mine; Canada-Doyon division, which includes the Westwood mine and the Doyon mine, and Joint ventures (Mali)-Sadiola mine (41%) and Yatela mine (40%). The Company’s non-gold segments are divided into Exploration and evaluation, and Corporate, which includes royalty interests located in Canada and investments in associates and joint ventures. In Canada, the Company owns the Westwood mine in Quebec and the Cote Gold project, a development project located in Ontario.
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