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 maximum price target given was 8.29, implying potential capital gains of 24.47 percent. The lowest price target was 5.98, implying potential capital losses of -10.21 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's 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, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of ASX is 1.48.

In the trailing 52-weeks, ASX hit 6.64 at the highest peak, while it's lowest trading point was 4.89. Today's price is 36.2 percent above the 52-week low, and -0.31 percent lower than its 52-week 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.