Tahoe Resources Inc. (TAHO): Consensus Estimates and Trading Data

In the past 52-week period, shares of Tahoe Resources Inc. (NYSE:TAHO) have moved within the range of $4.24 to $11.43. On the stock’s most recent trading day, the company’s shares ended the regular session at $4.37, which is 61.77% higher than its 52-week high.

Tahoe Resources Inc. (TAHO) has demonstrated a 20-day simple moving average (SMA) of -8.69%, and a 50-day SMA of -14.90%.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Measuring Wall Street analysts’ average enthusiasm for a specific stock is critical when considering a potential investment. According to the latest data, the consensus recommendation for Tahoe Resources Inc. (TAHO) is Outperform.

Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Tahoe Resources Inc. (TAHO) delivered a 23.99% surprise with its net revenue. Sales reached $0.16 billion during the three-month period, compared to the average analyst estimate of $0.13 billion.

Meanwhile, during the same quarter Tahoe Resources Inc. (TAHO) delivered a -163.16% earnings surprise. Net earnings for the quarter were posted at -$0.02 per share, whereas Wall Street had forecast -$0.01 per share.

Ownership at Tahoe Resources Inc. (TAHO), According to Most Recent SEC Filings

We can gain important insight by taking a look at institutional ownership, as detailed in public companies’ latest 13F filings. Tahoe Resources Inc. (TAHO) has 0 billion shares outstanding currently, 70.51% of which belong to institutional investors. Those institutional holdings amount to $0.96 billion.

Additionally, according to the most recent 13F filing from Tahoe Resources Inc. (TAHO), there were 29 new positions totaling 5,060,997 shares of the company’s stock. There were 39 sold out positions, on the other hand, totaling 5,406,238 shares.

Short, Medium and Long Term Indicators

Analyzing the average trade volume of a publicly-traded company’s stock – in the short, medium and long terms – is helpful for gaining insight into trading activity and general investor sentiment. Tahoe Resources Inc. (TAHO) has had a 20-day average volume of 2,172,890 shares, with an average of 80% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 2,883,756 shares, with an average of 100% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 3,146,502 shares with 100% of long-term indicators pointing to Sell.