Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is 89.63% higher on its value in year-to-date trading and has touched a low of $98.80 and a high of $212.60 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 $194.64 in the last trading session, with the day’s gains setting it 2.57%.
Currently trading at $197.21, the stock is 1.27% and 1.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.63 million and changing 1.32% at the moment leaves the stock 16.97% off its SMA200. TSM registered 97.13% gain for a year compared to 6-month gain of 17.52%. The firm has a 50-day simple moving average (SMA 50) of $194.3554 and a 200-day simple moving average (SMA200) of $168.6026.
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The stock witnessed a 4.70% loss in the last 1 month and extending the period to 3 months gives it a 12.85%, and is -1.88% down 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 3.24% over the week and 2.73% over the month.
Taiwan Semiconductor Manufacturing ADR (TSM) has around 76478 employees, a market worth around $1022.71B and $82.81B in sales. Current P/E ratio is 31.58 and Fwd P/E is 21.79. Profit margin for the company is 39.11%. Distance from 52-week low is 99.61% and -7.24% from its 52-week high. The company has generated returns on investments over the last 12 months (20.69%).
The EPS is expected to grow by 35.98% this year.
Taiwan Semiconductor Manufacturing ADR (TSM) Top Institutional Holders
The shares outstanding are 5.19B, and float is at 5.18B with Short Float at 0.58%.
The top institutional shareholder in the company is FMR LLC with over 52.19 million shares valued at $9.07 billion. The investor’s holdings represent 1.0064% of the TSM Shares outstanding. As of 2024-06-30, the second largest holder is JPMORGAN CHASE & CO with 41.76 million shares valued at $7.26 billion to account for 0.8052 of the shares outstanding. The other top investors are SANDERS CAPITAL, LLC which holds 41.71 million shares representing 0.8043% and valued at over $7.25 billion, while CAPITAL WORLD INVESTORS holds 0.7723 of the shares totaling 40.05 million with a market value of $6.96 billion.
Taiwan Semiconductor Manufacturing ADR (TSM) Insider Activity
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