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.

A number of analysts gave price targets for TSM. The most optimistic analyst gave a price target of 39.22, which equates to a potential upside of 8.4 percent. The most pessimistic price target was 25, implying potential capital losses of -30.9 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -8.31 percent. The average change in earnings estimates over the last 90 days is -8.31 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -2.92 percent. 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 made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.

TSM has an estimated earnings growth rate of -0.89 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. 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, though it could be better to see where the ratio stands relative to peers in the industry. TSM has a PEG ratio of -18.76.

In the trailing 52-weeks, TSM hit 36.92 at the highest peak, while it's lowest trading point was 27.66. The current market price is above the trailing year's low by 30.8 percent, 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 market cap of TSM is $181.85 billion. TSM's next earnings release will be on 0000-00-00, which is days away.