Taiwan Semiconductor Manufacturing ADR (TSM) Stock Could Soon Reward Patient Investors

Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is 27.99% higher on its value in year-to-date trading and has touched a low of $81.21 and a high of $134.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TSM stock was last observed hovering at around $133.73 in the last trading session, with the day’s loss setting it -0.62%.

Currently trading at $133.11, the stock is 16.57% and 25.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.98 million and changing -0.46% at the moment leaves the stock 37.25% off its SMA200. TSM registered 41.19% gain for a year compared to 6-month gain of 40.41%. The firm has a 50-day simple moving average (SMA 50) of $0.24 and a 200-day simple moving average (SMA200) of $0.56.

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The stock witnessed a 32.05% loss in the last 1 month and extending the period to 3 months gives it a 44.68%, and is 15.00% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.87% over the week and 2.63% over the month.

Taiwan Semiconductor Manufacturing ADR (TSM) has around Jun 13 2024 employees, a market worth around $690.36B and $69.27B in sales. Current P/E ratio is 25.68 and Fwd P/E is 17.74. Profit margin for the company is 38.80%. Distance from 52-week low is 63.91% and -1.22% from its 52-week high. The company has generated returns on investments over the last 12 months (18.86%).

Taiwan Semiconductor Manufacturing ADR quarterly earnings per share for the current quarter are estimated at $1.31 with sales reaching $18.55B over the same period.The EPS is expected to grow by 19.20% this year, but quarterly earnings will post 22.60% year-over-year.

Taiwan Semiconductor Manufacturing ADR (TSM) Top Institutional Holders

2,289 institutions hold shares in Taiwan Semiconductor Manufacturing ADR (TSM), with institutional investors hold 17.07% of the company’s shares. The shares outstanding are 5.19B, and float is at 5.19B with Short Float at 0.40%. Institutions hold 17.07% of the Float.

The top institutional shareholder in the company is Sanders Capital, LLC with over 42.99 million shares valued at $4.34 billion. The investor’s holdings represent 0.83% of the TSM Shares outstanding. As of Jun 29, 2023, the second largest holder is FMR, LLC with 42.35 million shares valued at $4.27 billion to account for 0.82% of the shares outstanding. The other top investors are JP Morgan Chase & Company which holds 39.73 million shares representing 0.77% and valued at over $4.01 billion, while Capital World Investors holds 0.67% of the shares totaling 34.67 million with a market value of $3.5 billion.

Taiwan Semiconductor Manufacturing ADR (TSM): Who are the competitors?

The company’s main competitors (and peers) include NVIDIA Corp. (NVDA) that is trading 231.07% up over the past 12 months. Analog Devices Inc. (ADI) that is 8.07% higher over the same period.