Analyst Ratings for Advanced Semiconductor Engineering Inc. ADR (ASX)Updated: 2017-07-27
Shares of Advanced Semiconductor Engineering Inc. ADR (NYSE:ASX) have received a consensus rating of Overweight from Wall Street analysts. ASX had previously received a consensus rating of Overweight a month ago.
12 analysts declared ASX a buy, 3 gave an overweight rating, 7 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for ASX. The highest price target was 8.29, which equates to a potential upside of 24.47 percent. The most pessimistic analyst gave a price target of 5.98, implying potential capital losses of -10.21 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -7.58 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of ASX to grow at a rate of 12.13 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. ASX has a PEG ratio of 1.48.
In the trailing 52-weeks, ASX hit 6.64 at the highest peak, while it's lowest trading point was 4.89. Currently the stock is 36.2 percent higher than its low, and -0.31 percent lower than its 52-week high. ASX has a P/E ratio of 17.94. Investors typically compare the P/E ratio to a company's peers in the industry. The ASX value stock report compares ASX to some of its peers using value stock charts. The market cap of ASX is $11.02 billion. ASX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.