Analyst Ratings for Tahoe Resources Inc. (TAHO)Updated: 2017-07-28
Shares of Tahoe Resources Inc. (NYSE:TAHO) have received a consensus rating of Overweight from Wall Street analysts. TAHO had previously received a consensus rating of Buy a month ago.
A buy rating was issued by 5 analysts, 0 gave an overweight rating, 10 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 9 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
TAHO was given price targets by several analysts. The most optimistic price target was 17, which equates to a potential upside of 204.39 percent. The most pessimistic analyst gave a price target of 7.25, implying potential capital losses of 29.81 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -7.14 percent. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -29.09 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -17.29 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 5 analysts made negative revisions to their fiscal year's estimates.
The growth rate of TAHO's earnings is estimated by analysts to be -39.24 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of TAHO is -0.22.
In the last 52-weeks, TAHO has achieved a high of 17.01 and a low of 4.93. Currently the stock is 13.29 percent higher than its low, and 67.17 percent lower than its 52-week high. TAHO has a price/earnings ratio of 8.67. Investors typically compare the P/E ratio to a company's peers in the industry. The TAHO value stock report compares TAHO to some of its peers using value stock charts. The market cap of TAHO is $2.16 billion. TAHO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.