Why To Invest In Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) Stock?

In the latest trading session,, 9.08 million Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) shares changed hands as the company’s beta touched 1.15. With the company’s most recent per share price at $183.88 changing hands around $6.64 or 3.75% at last look, the market valuation stands at $953.79B. TSM’s last price was a premium, traded about 2.83% off its 52-week high of $178.67. The share price had its 52-week low at $84.01, which suggests the last value was 54.31% up since then. When we look at Taiwan Semiconductor Manufacturing ADR’s average trading volume, we note the 3-month average coming to 13.92 million.

Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) trade information

Instantly TSM is in green as seen in intraday trades today. With action 10.96%, the performance over the past five days has been green. The jump to weekly highs of 184.30 added 3.75% to the stock’s daily price. The company’s shares are showing year-to-date upside of 76.81%, with the 5-day performance at 10.96% in the green. However, in the 30-day time frame, Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) is 21.23% up.

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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 79.33% over the past 6 months, a 18.34% in annual growth rate that is considerably higher than the industry average of 18.30%. Year-over-year growth is forecast to reach 22.90% 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 20.02B. 6 analysts are of the opinion that Taiwan Semiconductor Manufacturing ADR’s revenue for the current quarter will be 22.59B. The company’s revenue for the corresponding quarters a year ago was 15.68B and 17.07B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 27.70%. The estimates for the next quarter sales put growth at 32.40%.

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 18.89%, but the outlook for the next 5-year period is at 21.50% per year.

TSM Dividends

Taiwan Semiconductor Manufacturing ADR is expected to release its next quarterly earnings report in July. The 1.11% annual yield figure for the share gives it an annual dividend of 2.04. It is important to note, however, that the 1.11% 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.