Iamgold Corporation (IAG) versus Its Competitors Financial Comparison

Iamgold Corporation (NYSE: IAG) is one of 62 publicly-traded companies in the “Gold Mining” industry, but how does it compare to its rivals? We will compare Iamgold Corporation to related businesses based on the strength of its profitability, valuation, analyst recommendations, dividends, earnings, risk and institutional ownership.

Volatility & Risk

Iamgold Corporation has a beta of -0.53, indicating that its share price is 153% less volatile than the S&P 500. Comparatively, Iamgold Corporation’s rivals have a beta of -0.14, indicating that their average share price is 114% less volatile than the S&P 500.

Profitability

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 48.66% 1.81% 1.23%
Iamgold Corporation Competitors -2,999.24% -8.93% -4.37%

Earnings & Valuation

This table compares Iamgold Corporation and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Iamgold Corporation $987.10 million $52.60 million 5.25
Iamgold Corporation Competitors $2.41 billion -$32.21 million 169.33

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.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Iamgold Corporation and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Iamgold Corporation 0 6 2 0 2.25
Iamgold Corporation Competitors 484 1850 2173 49 2.39

Iamgold Corporation currently has a consensus price target of $7.19, suggesting a potential upside of 24.37%. As a group, “Gold Mining” companies have a potential upside of 48.40%. 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.

Institutional & Insider Ownership

54.1% of Iamgold Corporation shares are held by institutional investors. Comparatively, 43.6% 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 company will outperform the market over the long term.

Summary

Iamgold Corporation rivals beat Iamgold Corporation on 8 of the 13 factors compared.

Iamgold Corporation Company Profile

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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