Iamgold Corporation (NYSE: IAG) is one of 61 public companies in the “Gold Mining” industry, but how does it contrast to its rivals? We will compare Iamgold Corporation to similar businesses based on the strength of its analyst recommendations, institutional ownership, valuation, profitability, dividends, earnings and risk.
This is a summary of current recommendations and price targets for Iamgold Corporation and its rivals, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Iamgold Corporation Competitors||470||1823||2136||47||2.39|
Iamgold Corporation currently has a consensus target price of $7.19, suggesting a potential upside of 25.02%. As a group, “Gold Mining” companies have a potential upside of 45.97%. Given Iamgold Corporation’s rivals stronger consensus rating and higher possible upside, analysts plainly believe Iamgold Corporation has less favorable growth aspects than its rivals.
Valuation and Earnings
This table compares Iamgold Corporation and its rivals revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Iamgold Corporation||$987.10 million||$52.60 million||5.23|
|Iamgold Corporation Competitors||$2.41 billion||-$32.21 million||184.68|
Iamgold Corporation’s rivals have higher revenue, but lower earnings than Iamgold Corporation. Iamgold Corporation is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Institutional & Insider Ownership
53.8% of Iamgold Corporation shares are held by institutional investors. Comparatively, 43.8% of shares of all “Gold Mining” companies are held by institutional investors. 7.9% of shares of all “Gold Mining” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
This table compares Iamgold Corporation and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Iamgold Corporation Competitors||-2,998.98%||-8.79%||-4.27%|
Volatility & Risk
Iamgold Corporation has a beta of -0.53, meaning that its stock price is 153% less volatile than the S&P 500. Comparatively, Iamgold Corporation’s rivals have a beta of -0.11, meaning that their average stock price is 111% less volatile than the S&P 500.
Iamgold Corporation rivals beat Iamgold Corporation on 8 of the 13 factors compared.
About Iamgold Corporation
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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