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.

ASX was given price targets by several analysts. The most optimistic analyst gave a price target of 8.29, which equates to a potential upside of 24.47 percent. The most pessimistic price target was 5.98, which equates to a potential downside of -10.21 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -7.58 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of ASX to grow at a rate of 12.13 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. ASX has a PEG ratio of 1.48.

In the last 52-weeks, ASX has achieved a high of 6.64 and a low of 4.89. Today's price is 36.2 percent above the 52-week low, and below the high by -0.31 percent. 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 stock has a market capitalization of $11.02 billion. ASX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.