Taiwan Semiconductor Manufacturing ADR (NYSE:TSM)’s traded shares stood at 2.74 million during the latest session, with the company’s beta value hitting 1.14. At the last check today, the stock’s price was $203.13, to imply an increase of 2.63% or $5.2 in intraday trading. The TSM share’s 52-week high remains $212.60, putting it -4.66% down since that peak but still an impressive 58.18% since price per share fell to its 52-week low of $84.95. The company has a valuation of $1053.41B, with an average of 20.01 million shares in intraday trading volume over the past 10 days and average of 15.13 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Taiwan Semiconductor Manufacturing ADR (TSM), translating to a mean rating of 1.34. Of 11 analyst(s) looking at the stock, 0 analyst(s) give TSM a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 2.17.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) trade information
After registering a 2.63% upside in the latest session, Taiwan Semiconductor Manufacturing ADR (TSM) has traded red over the past five days. The 5-day price performance for the stock is 1.17%, and 8.72% over 30 days. With these gigs, the year-to-date price performance is 95.32%. Short interest in Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) saw shorts transact 25.93 million shares and set a 2.07 days time to cover.
The extremes give us $125 and $210 for target low and target high price respectively. As such, TSM has been trading -3.38% off suggested target high and 38.46% from its likely low.
Taiwan Semiconductor Manufacturing ADR (TSM) estimates and forecasts
Looking at statistics comparing Taiwan Semiconductor Manufacturing ADR share performance against respective industry, we note that the company has underperformed competitors. Taiwan Semiconductor Manufacturing ADR (TSM) shares are 46.88% up over the last 6 months, with its year-to-date growth rate lower than industry average at 27.99% against 28.10%. Revenue is forecast to grow 49.70% this quarter before jumping 39.10% for the next one. The rating firms project that company’s revenue will grow 28.80% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 26.3B. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 24.61B.Earnings reports from the last fiscal year show that sales brought in 19.67B and 18.87B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 33.70% before jumping 30.40% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 18.23% for the past 5-year period. While 2024 is set for a 36.22% return in earnings, projections for the next 5 years are at 31.21% annually.
TSM Dividends
Taiwan Semiconductor Manufacturing ADR has its next earnings report out on 2025-Jan-16. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Taiwan Semiconductor Manufacturing ADR has a forward dividend ratio of 2.19, with the share yield ticking at 1.08% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.09%.
Taiwan Semiconductor Manufacturing ADR (NYSE:TSM)’s Major holders
The next major institution holding the largest number of shares is JPMORGAN CHASE & CO with 41.76 million shares, or about 0.8052% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.26 billion.
We also have American Balanced Fund and VanEck ETF Trust-VanEck Semiconductor ETF as the top two Mutual Funds with the largest holdings of the Taiwan Semiconductor Manufacturing ADR (TSM) shares. Going by data provided on Sep 30, 2024, American Balanced Fund holds roughly 24.73 shares. This is just over 0.48% of the total shares, with a market valuation of $5.02 billion. Data from the same date shows that the other fund manager holds a little less at 16.44, or 0.32% of the shares, all valued at about 3.34 billion.
