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.

A number of analysts gave price targets for TAHO. The highest price target was 17, which equates to a potential upside of 204.39 percent. The minimum price target given was 7.25, which equates to a potential downside of 29.81 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -7.14 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. Over the past 30 days, FY earnings estimates have also changed downwards by -29.09 percent. If we look at the last 90 days instead, we find a net average change of -17.29 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 5 analysts made negative revisions to their fiscal year's estimates.

TAHO has an estimated earnings growth rate of -39.24 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. TAHO has a PEG ratio of -0.22.

In the trailing 52-weeks, TAHO hit 17.01 at the highest peak, while it's lowest trading point was 4.93. The current market price is above the trailing year's low by 13.29 percent, and below the high by 67.17 percent. 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.