Tahoe Resources Inc. (NYSE:TAHO) Analyst Opinion
Tahoe Resources Inc. (NYSE:TAHO) stock is presently standing at about $7.44 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 3 analysts covering the company is $12.50, which suggests the stock could still rise over 40 percent. The highest analyst price target is $13.70, which implies a rally of 16 percent. And a quick view of analyst notes show that 1 are rating the stock a buy while 1 rate TAHO a strong buy. There are 1 equity research firms advocating a Hold and 0 consider it Sell.
JP Morgan analysts provided their view on Tahoe Resources Inc. (NYSE:TAHO) recently. The rating firm issued a Neutral rating to this company in a research note released on Jan 10, 2017. RBC Capital Mkts analysts disclosed their opinion on Tahoe Resources Inc. (NYSE:TAHO) recently. The rating firm gave a Outperform rating to this stock in a research note published on Dec 12, 2016. According to a research note disclosed on Apr 20, 2016, analysts at Raymond James have lowered their rating on these shares from Strong Buy to Outperform.
Tahoe Resources Inc. (NYSE:TAHO) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Director McArthur, C. Kevin sold 84,200 company shares for 1603170, in a transaction on 2014-11-20. Following the transaction, the Director is left with a stake of 0 shares, currently valued at $0. Meanwhile, Director McArthur, C. Kevin sold 94,166 shares worth $1822110, through a transaction dated 2014-11-20. Following the completion of the transaction, the insider is left with a stake of 0 shares, amounting $0. TAHO Director McArthur, C. Kevin also sold 162,900 shares, at a stock price of $18.9. This transaction occurred on 2014-11-19 totals $3078810. After this transaction, the insider’s stake stands at 0 shares, with a market value of $0.
Executives hold 0.00 percent of the stock. N/A is one of the biggest insider owners in Tahoe Resources Inc. (NYSE:TAHO), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns N/A shares which have current market value of around $N/A.N/A is another major inside shareholder in the company. The insider owns N/A shares as of N/A, currently worth $0. N/A is ranked as third insider holder of the stock. This insider holds N/A shares with a market value around $0 as of recent close.
Tahoe Resources Inc. (NYSE:TAHO) Earnings Outlook
In Tahoe Resources Inc. (NYSE:TAHO)’s latest quarter, EPS moved to $0.06 from $0.20 in preceding quarter and revenues reached at $189.40M compared to $234.72M. Analysts had expected Tahoe Resources Inc. (NYSE:TAHO) to post net income of about $0.15 per share on $229.50M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.08 to $0.16. That is compared with the $0.17 in EPS it reported during the same period a year ago.