Barrick Gold (GOLD) and Its Peers Critical Review

Barrick Gold (NYSE: GOLD) is one of 42 publicly-traded companies in the “Gold & silver ores” industry, but how does it weigh in compared to its competitors? We will compare Barrick Gold to related companies based on the strength of its earnings, risk, institutional ownership, profitability, valuation, analyst recommendations and dividends.

Valuation & Earnings

This table compares Barrick Gold and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue
Net Income
Price/Earnings Ratio

Barrick Gold
$7.24 billion
-$1.55 billion
38.34

Barrick Gold Competitors
$1.54 billion
-$207.90 million
7.95

Barrick Gold has higher revenue, but lower earnings than its competitors. Barrick Gold is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Institutional and Insider Ownership

41.7% of Barrick Gold shares are owned by institutional investors. Comparatively, 35.3% of shares of all “Gold & silver ores” companies are owned by institutional investors. 9.3% of shares of all “Gold & silver ores” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Barrick Gold and its competitors, as provided by MarketBeat.com.

Sell Ratings
Hold Ratings
Buy Ratings
Strong Buy Ratings
Rating Score

Barrick Gold
1
9
6
0
2.31

Barrick Gold Competitors
585
2212
1974
74
2.32

Barrick Gold presently has a consensus price target of $14.50, suggesting a potential upside of 8.05%. As a group, “Gold & silver ores” companies have a potential upside of 24.58%. Given Barrick Gold’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Barrick Gold has less favorable growth aspects than its competitors.

Risk & Volatility

Barrick Gold has a beta of -0.52, suggesting that its stock price is 152% less volatile than the S&P 500. Comparatively, Barrick Gold’s competitors have a beta of 0.27, suggesting that their average stock price is 73% less volatile than the S&P 500.

Profitability

This table compares Barrick Gold and its competitors’ net margins, return on equity and return on assets.

Net Margins
Return on Equity
Return on Assets

Barrick Gold
-21.33%
3.85%
1.68%

Barrick Gold Competitors
-13.64%
2.51%
1.84%

Dividends

Barrick Gold pays an annual dividend of $0.28 per share and has a dividend yield of 2.1%. Barrick Gold pays out 80.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Gold & silver ores” companies pay a dividend yield of 1.2% and pay out 43.1% of their earnings in the form of a dividend. Barrick Gold has increased its dividend for 4 consecutive years.

Summary

Barrick Gold competitors beat Barrick Gold on 10 of the 15 factors compared.

Barrick Gold Company Profile

Barrick Gold Corporation engages in the exploration and development of mineral properties. It primarily explores for gold and copper deposits. The company holds a 50% interest in the Veladero mine located in the San Juan Province of Argentina; 50% interest in the KCGM, a gold mine located in Australia; 95% interest in Porgera, a gold mine located in Papua New Guinea; 50% interest in the Zaldívar, a copper mine located in Chile; and 50% interest in the Jabal Sayid, a copper mine located in Saudi Arabia. It also owns gold mines and exploration properties in Africa; and gold projects located in South America and North America. Barrick Gold Corporation has strategic cooperation agreement with Shandong Gold Group Co. Ltd. The company was founded in 1983 and is headquartered in Toronto, Canada.

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