Analyst Ratings for Taiwan Semiconductor Manufacturing Co. Ltd. ADR (TSM)

Updated: 2017-07-28

Taiwan Semiconductor Manufacturing Co. Ltd. ADR (NYSE:TSM) was awarded an average rating of Overweight from investment analysts following the stock. Last month, TSM received an average rating of Overweight.

Of the 30 analysts covering the stock, 12 gave it a buy rating, 4 issued an overweight rating, 14 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 2. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

TSM was given price targets by several analysts. The maximum price target given was 39.22, which equates to a potential upside of 8.4 percent. The most pessimistic analyst gave a price target of 25, implying potential capital losses of -30.9 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -8.31 percent on average, compared to last month. That number becomes -8.31 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -2.92 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.92 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

The growth rate of TSM's earnings is estimated by analysts to be -0.89 percent. 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. 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 TSM is -18.76.

TSM has traded between a high of 36.92 and a low of 27.66 over the past year. Today's price is 30.8 percent above the 52-week low, and 2 percent lower than its 52-week high. TSM has a P/E ratio of 16.7. Investors typically compare the P/E ratio to a company's peers in the industry. The TSM value stock report compares TSM to some of its peers using value stock charts. The stock has a market capitalization of $181.85 billion. TSM will post this quarters earnings in days, on 0000-00-00.