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.

Many analysts weighed in on price targets for TSM. The most optimistic analyst gave a price target of 39.22, implying potential capital gains of 8.4 percent. The most pessimistic price target was 25, which equates to a potential downside 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -8.31 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -8.31 percent. 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.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

Analysts estimate earnings of TSM to grow at a rate of -0.89 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 below the high by 2 percent. 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.