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.

Investment analysts gave a few price targets for TSM. The most optimistic analyst gave a price target of 39.22, implying a possible profit of 8.4 percent. The minimum price target given was 25, implying potential capital losses of -30.9 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -8.31 percent. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.92 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

TSM has an estimated earnings growth rate of -0.89 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, 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, but many choose to perform ratio comparisons with other companies in the industry. TSM has a PEG ratio of -18.76.

TSM has traded between a high of 36.92 and a low of 27.66 over the past year. Currently the stock is 30.8 percent higher than its low, and 2 percent lower than its 52-week high. TSM has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.