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 price target was 5.98, implying a possible loss of -10.21 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -7.58 percent.

People are often interested in whether analysts were united in the direction of their 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, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of ASX's earnings is estimated by analysts to be 12.13 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. ASX has a PEG ratio of 1.48.

ASX has traded between a high of 6.64 and a low of 4.89 over the past year. Currently the stock is 36.2 percent higher than its low, and -0.31 percent below the high. ASX has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.