In the latest trading session, 6.41 million Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) shares changed hands as the company’s beta touched 1.07. With the company’s most recent per share price at $205.14 changing hands around $3.69 or 1.83% at last look, the market valuation stands at $1063.82B. TSM’s current price is a discount, trading about -8.32% off its 52-week high of $222.20. The share price had its 52-week low at $100.00, which suggests the last value was 51.25% up since then. When we look at Taiwan Semiconductor Manufacturing ADR’s average trading volume, we note the 10-day average is 14.15 million shares, with the 3-month average coming to 14.03 million.
Analysts gave the Taiwan Semiconductor Manufacturing ADR (TSM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.34. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended TSM as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Taiwan Semiconductor Manufacturing ADR’s EPS for the current quarter is expected to be 2.22.
Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) trade information
Instantly TSM is in green as seen in intraday trades today. With action -2.97%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 3.87%, with the 5-day performance at -2.97% in the red. However, in the 30-day time frame, Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) is 7.14% up. Looking at the short shares, we see there were 32.97 million shares sold at short interest cover period of 2.73 days.
The consensus price target for the stock as assigned by Wall Street analysts is 210, meaning bulls need an upside of 2.31% from its recent market value. According to analyst projections, TSM’s forecast low is 210 with 210 as the target high. To hit the forecast high, the stock’s price needs a -2.37% plunge from its current level, while the stock would need to soar -2.37% for it to hit the projected low.
Taiwan Semiconductor Manufacturing ADR (TSM) estimates and forecasts
Data shows that the Taiwan Semiconductor Manufacturing ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 10.26% over the past 6 months, a 33.59% in annual growth rate that is considerably lower than the industry average of 33.70%. Year-over-year growth is forecast to reach 33.33% up from the last financial year.
Consensus estimates given by 22 financial analysts project the company’s revenue in the current quarter to hit an average of 855.65B. 18 analysts are of the opinion that Taiwan Semiconductor Manufacturing ADR’s revenue for the current quarter will be 817.04B. The company’s revenue for the corresponding quarters a year ago was 625.53B and 592.64B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 36.79%. The estimates for the next quarter sales put growth at 37.86%.
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 2025 estimates are for Taiwan Semiconductor Manufacturing ADR earnings to increase by 35.17%, but the outlook for the next 5-year period is at 31.40% per year.
TSM Dividends
Taiwan Semiconductor Manufacturing ADR is expected to release its next quarterly earnings report in February. The 1.13% annual yield figure for the share gives it an annual dividend of 2.32. It is important to note, however, that the 1.13% 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. During the past 5 years, the average dividend yield was 1.99 per year.
Taiwan Semiconductor Manufacturing ADR (NYSE:TSM)’s Major holders
JPMORGAN CHASE & CO holds the second largest percentage of outstanding shares, with 0.8052% or 41.76 million shares worth $7.26 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were American Balanced Fund and VanEck ETF Trust-VanEck Semiconductor ETF. With 24.73 shares estimated at $5.08 billion under it, the former controlled 0.48% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Semiconductor ETF held about 0.32% of the shares, roughly 16.79 shares worth around $3.45 billion.
