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.

Several price targets were given for TSM by the analysts covering the stock. The highest price target was 39.22, implying potential capital gains 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.92 percent.

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. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

The growth rate of TSM's earnings is estimated by analysts to be -0.89 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. TSM has a PEG ratio of -18.76.

TSM has a 52-week high of 36.92 and a 52-week low of 27.66. Currently the stock is 30.8 percent higher than its low, and 2 percent below the 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 stock has a market capitalization of $181.85 billion. TSM's next earnings release will be on 0000-00-00, which is days away.