During the recent session, Taiwan Semiconductor Manufacturing ADR (NYSE:TSM)’s traded shares were 3.69 million, with the beta value of the company hitting 1.08. At the last check today, the stock’s price was $222.90, reflecting an intraday loss of -0.77% or -$1.72. The 52-week high for the TSM share is $225.43, that puts it down -1.14 from that peak though still a striking 49.48% gain since the share price plummeted to a 52-week low of $112.61. The company’s market capitalization is $1155.93B, and the average intraday trading volume over the past 10 days was 18.51 million shares, and the average trade volume was 13.56 million shares over the past three months.
Taiwan Semiconductor Manufacturing ADR (TSM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.29. TSM has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 2.07.
Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) trade information
Taiwan Semiconductor Manufacturing ADR (TSM) registered a -0.77% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.77% in intraday trading to $222.90, hitting a weekly high. The stock’s 5-day price performance is 3.78%, and it has moved by 13.03% in 30 days. Based on these gigs, the overall price performance for the year is 95.30%. The short interest in Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) is 32.97 million shares and it means that shorts have 2.73 day(s) to cover.
The consensus price target of analysts on Wall Street is $200, which implies a decrease of -11.45% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $125 and $210 respectively. As a result, TSM is trading at a premium of 5.79% off the target high and 43.92% off the low.
Taiwan Semiconductor Manufacturing ADR (TSM) estimates and forecasts
Statistics show that Taiwan Semiconductor Manufacturing ADR has underperformed its competitors in share price, compared to the industry in which it operates. Taiwan Semiconductor Manufacturing ADR (TSM) shares have gone up 39.49% during the last six months, with a year-to-date growth rate less than the industry average at 29.55% against 29.60. In the rating firms’ projections, revenue will increase 27.63% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 831.97B as predicted by 20 analyst(s). Meanwhile, a consensus of 20 analyst(s) estimates revenue growth to 875.87B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 592.64B and 673.51B respectively. In this case, analysts expect current quarter sales to grow by 40.38% and then jump by 30.05% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 26.75%. While earnings are projected to return 32.86% in 2025, the next five years will return 33.09% per annum.
TSM Dividends
Taiwan Semiconductor Manufacturing ADR is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Taiwan Semiconductor Manufacturing ADR is 2.32, with the dividend yield indicating at 1.04 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 1.99%.
Taiwan Semiconductor Manufacturing ADR (NYSE:TSM)’s Major holders
The next largest institutional holding, with 41.76 million shares, is of JPMORGAN CHASE & CO’s that is approximately 0.8052% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.26 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Taiwan Semiconductor Manufacturing ADR (TSM) shares are American Balanced Fund and VanEck ETF Trust-VanEck Semiconductor ETF. Data provided on Sep 30, 2024 indicates that American Balanced Fund owns about 24.73 shares. This amounts to just over 0.48 percent of the company’s overall shares, with a $5.51 billion market value. The same data shows that the other fund manager holds slightly less at 16.49, or about 0.32% of the stock, which is worth about $3.67 billion.
