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 most optimistic analyst gave a price target of 17, which equates to a potential upside of 204.39 percent. The lowest price target was 7.25, implying a possible loss of 29.81 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -7.14 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 downwards by -29.09 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -17.29 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. TAHO has a PEG ratio of -0.22.

In the last 52-weeks, TAHO has achieved a high of 17.01 and a low of 4.93. Today's price is 13.29 percent above the 52-week 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.