Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) Could Bring Massive Returns?

In today’s recent session, 6.81 million shares of the Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) have been traded, and its beta is 1.14. Most recently the company’s share price was $171.12, and it changed around $3.31 or 1.97% from the last close, which brings the market valuation of the company to $887.53B. TSM at last check was trading at a discount to its 52-week high of $184.86, offering almost -8.03% off that amount. The share price’s 52-week low was $84.01, which indicates that the recent value has risen by an impressive 50.91% since then. We note from Taiwan Semiconductor Manufacturing ADR’s average daily trading volume that its 3-month average coming to 14.51 million.

Taiwan Semiconductor Manufacturing ADR stock received a consensus recommendation rating of Hold, based on a mean score of 1.41. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 5 recommended TSM as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Taiwan Semiconductor Manufacturing ADR is expected to report earnings per share of 1.39 for the current quarter.

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Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) trade information

Instantly TSM has been showing a green trend so far today with a performance of 1.97% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 64.53% year-to-date, but still down -3.46% over the last five days. On the other hand, Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) is 8.93% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $173.25, which translates to bulls needing to increase their stock price by 1.23% from its current value. Analyst projections state that TSM is forecast to be at a low of $125 and a high of $200.

Taiwan Semiconductor Manufacturing ADR (TSM) estimates and forecasts

Taiwan Semiconductor Manufacturing ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 66.86 percent over the past six months and at a 18.34% annual growth rate that is well above the industry average of 18.30%. The year-over-year growth rate is expected to be 22.70%, up from the previous year.

Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 20.09B in revenue for the current quarter. 6 analysts expect Taiwan Semiconductor Manufacturing ADR to make 22.62B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 15.68B and 17.07B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 28.10%. Forecasts for the next quarter put sales growth at 32.50%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 18.23%. Taiwan Semiconductor Manufacturing ADR earnings are expected to increase by 19.43% in 2024, but the outlook is positive 21.50% per year for the next five years.

TSM Dividends

Taiwan Semiconductor Manufacturing ADR’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 1.19 percent and its annual dividend per share was 2.04. It is important to note, however, that the 1.19% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.