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.
Many analysts weighed in on price targets for TAHO. The maximum price target given was 17, implying a possible profit of 204.39 percent. The minimum price target given was 7.25, which equates to a potential downside 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -7.14 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. 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. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 5 analysts decreased their estimates.
TAHO has an estimated earnings growth rate of -39.24 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at 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, but many choose to perform ratio comparisons with other companies in the industry. TAHO has a PEG ratio of -0.22.
TAHO has a 52-week high of 17.01 and a 52-week low of 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 stock has a market capitalization of $2.16 billion. TAHO will post this quarters earnings in days, on 0000-00-00.