During the last session, Taiwan Semiconductor Manufacturing ADR (NYSE:TSM)’s traded shares were 15.51 million, with the beta value of the company hitting 1.14. At the end of the trading day, the stock’s price was $139.66, reflecting an intraday loss of -1.65% or -$2.34. The 52-week high for the TSM share is $158.40, that puts it down -13.42 from that peak though still a striking 41.85% gain since the share price plummeted to a 52-week low of $81.21. The company’s market capitalization is $724.42B, and the average intraday trading volume over the past 10 days was 11.89 million shares, and the average trade volume was 15.73 million shares over the past three months.
Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) trade information
Taiwan Semiconductor Manufacturing ADR (TSM) registered a -1.65% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.65% in intraday trading to $139.66, hitting a weekly high. The stock’s 5-day price performance is 2.17%, and it has moved by 3.47% in 30 days. Based on these gigs, the overall price performance for the year is 50.43%. The short interest in Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) is 24.01 million shares and it means that shorts have 1.34 day(s) to cover.
Taiwan Semiconductor Manufacturing ADR (TSM) estimates and forecasts
Statistics show that Taiwan Semiconductor Manufacturing ADR has outperformed its competitors in share price, compared to the industry in which it operates. Taiwan Semiconductor Manufacturing ADR (TSM) shares have gone up 63.52% during the last six months, with a year-to-date growth rate more than the industry average at 18.92% against 18.90. In the rating firms’ projections, revenue will increase 20.70% compared to the previous financial year.
Revenue for the current quarter is expected to be $18.41 billion as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to $19.54 billion by the end of Jun 2024.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 18.23%. While earnings are projected to return 19.09% in 2024, the next five years will return 4.30% per annum.
TSM Dividends
Taiwan Semiconductor Manufacturing ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Taiwan Semiconductor Manufacturing ADR is 1.93, with the dividend yield indicating at 1.38 percent, continuing the trend of increasing dividends in recent years.
Taiwan Semiconductor Manufacturing ADR (NYSE:TSM)’s Major holders
Taiwan Semiconductor Manufacturing ADR insiders own 0.00% of total outstanding shares while institutional holders control 17.25%, with the float percentage being 17.25%. Sanders Capital, LLC is the largest shareholder of the company, while 2,370 institutions own stock in it. As of Jun 29, 2023, the company held over 42.99 million shares (or 0.83% of all shares), a total value of $4.34 billion in shares.
The next largest institutional holding, with 42.35 million shares, is of FMR, LLC’s that is approximately 0.82% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $4.27 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Taiwan Semiconductor Manufacturing ADR (TSM) shares are American Balanced Fund and VanEck ETF Trust-VanEck Semiconductor ETF. Data provided on Sep 29, 2023 indicates that American Balanced Fund owns about 23.81 million shares. This amounts to just over 0.46 percent of the company’s overall shares, with a $2.07 billion market value. The same data shows that the other fund manager holds slightly less at 13.63 million, or about 0.26% of the stock, which is worth about $1.18 billion.
