In the last trading session, 13.3 million Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) shares changed hands as the company’s beta touched 1.13. With the company’s per share price at $140.14 changed hands at -$2.38 or -1.67% during last session, the market valuation stood at $726.91B. TSM’s last price was a discount, traded about -13.03% off its 52-week high of $158.40. The share price had its 52-week low at $81.21, which suggests the last value was 42.05% up since then. When we look at Taiwan Semiconductor Manufacturing ADR’s average trading volume, we note the 3-month average coming to 16.45 million.
Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) trade information
Instantly TSM was in red as seen at the end of in last trading. With action -1.86%, the performance over the past five days has been red. The drop to weekly highs of 148.43 subtracted -1.67% to the stock’s daily price. The company’s shares are showing year-to-date upside of 34.75%, with the 5-day performance at -1.86% in the red. However, in the 30-day time frame, Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) is 0.37% up.
Taiwan Semiconductor Manufacturing ADR (TSM) estimates and forecasts
Data shows that the Taiwan Semiconductor Manufacturing ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 51.63% over the past 6 months, a 18.73% in annual growth rate that is considerably higher than the industry average of 18.70%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for Taiwan Semiconductor Manufacturing ADR will rise 0.80%, while the growth in revenue is estimated to hit 19.30% for the next quarter. Year-over-year growth is forecast to reach 20.80% up from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of $18.4 billion. 6 analysts are of the opinion that Taiwan Semiconductor Manufacturing ADR’s revenue for the quarter ending Jun 2024 will be $19.3 billion. The company’s revenue for the corresponding quarters a year ago was -$ and $15.68 billion respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at –. The estimates for the next quarter sales put growth at 23.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 18.23%. The 2024 estimates are for Taiwan Semiconductor Manufacturing ADR earnings to increase by 19.09%, but the outlook for the next 5-year period is at 4.30% per year.
TSM Dividends
Taiwan Semiconductor Manufacturing ADR is expected to release its next quarterly earnings report in May. The 1.38% annual yield figure for the share gives it an annual dividend of 1.93. It is important to note, however, that the 1.38% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
