Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) has a beta value of 1.14 and has seen 20.8 million shares traded in the last trading session. The company, currently valued at $970.44B, closed the last trade at $187.13 per share which meant it lost -$5.08 on the day or -2.64% during that session. The TSM stock price is -3.8% off its 52-week high price of $194.25 and 54.6% above the 52-week low of $84.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.02 million shares traded. The 3-month trading volume is 15.57 million shares.
The consensus among analysts is that Taiwan Semiconductor Manufacturing ADR (TSM) is Buy stock at the moment, with a recommendation rating of 1.32. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 11 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 1.8.
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Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) trade information
Sporting -2.64% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the TSM stock price touched $187.13 or saw a rise of 3.67%. Year-to-date, Taiwan Semiconductor Manufacturing ADR shares have moved 79.93%, while the 5-day performance has seen it change 0.58%. Over the past 30 days, the shares of Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) have changed 10.68%. Short interest in the company has seen 25.93 million shares shorted with days to cover at 2.07.
Wall Street analysts have a consensus price target for the stock at $200, which means that the shares’ value could jump 6.44% from current levels. The projected low price target is $125.0 while the price target rests at a high of $210.0. In that case, then, we find that the current price level is -12.22% off the targeted high while a plunge would see the stock lose 33.2% from current levels.
Taiwan Semiconductor Manufacturing ADR (TSM) estimates and forecasts
Figures show that Taiwan Semiconductor Manufacturing ADR shares have underperformed across the wider relevant industry. The company’s shares have gained 33.86% over the past 6 months, with this year growth rate of 24.52%, compared to 24.60% for the industry. Revenue growth from the last financial year stood is estimated to be 25.80%.
8 analysts offering their estimates for the company have set an average revenue estimate of 23.09B for the current quarter. 8 have an estimated revenue figure of 24.86B for the next ending quarter. Year-ago sales stood 17.07B and 19.67B respectively for this quarter and the next, and analysts expect sales will grow by 35.30% for the current quarter and 25.80% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 18.23% over the past 5 years. Earnings growth for 2024 is a modest 28.08% while over the next 5 years, the company’s earnings are expected to increase by 26.45%.
TSM Dividends
Taiwan Semiconductor Manufacturing ADR is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.19 at a share yield of 1.17%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.09%.
Taiwan Semiconductor Manufacturing ADR (NYSE:TSM)’s Major holders
The top two institutional holders are FMR LLC with over 52.19 million shares worth more than $9.07 billion. As of 2024-06-30, FMR LLC held 1.0064% of shares outstanding.
The other major institutional holder is JPMORGAN CHASE & CO, with the holding of over 41.76 million shares as of 2024-06-30. The firm’s total holdings are worth over $7.26 billion and represent 0.8052% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are American Balanced Fund and VanEck ETF Trust-VanEck Semiconductor ETF . As of Jun 30, 2024 , the former fund manager holds about 0.50% shares in the company for having 25.71 shares of worth $4.81 billion while later fund manager owns 16.44 shares of worth $3.08 billion as of Sep 30, 2024 , which makes it owner of about 0.32% of company’s outstanding stock.
