Analyst Ratings for Tata Motors Ltd. ADR (TTM)Updated: 2017-07-28
Analysts covering Tata Motors Ltd. ADR (NYSE:TTM) have given it a consensus rating of Overweight. TTM had previously received a consensus rating of Overweight a month ago.
Of the 41 analysts covering the stock, 26 gave it a buy rating, 6 gave an overweight rating, 5 issued a hold rating, 3 issued an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 4 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
Several price targets were given for TTM by the analysts covering the stock. The highest price target was 51.42, implying a possible profit of 48.61 percent. The most pessimistic price target was 26.22, which equates to a potential downside of -24.22 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 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 -0.71 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.97 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
TTM has an estimated earnings growth rate of 149.06 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. TTM has a PEG ratio of 0.14.
In the last 52-weeks, TTM has achieved a high of 44.79 and a low of 31.71. The current market price is above the trailing year's low by 9.11 percent, and 22.75 percent lower than its 52-week high. TTM has a P/E ratio of 21.12. Investors typically compare the P/E ratio to a company's peers in the industry. The TTM value stock report compares TTM to some of its peers using value stock charts. The stock has a market capitalization of $22.15 billion. TTM will post this quarters earnings in days, on 0000-00-00.