Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is -2.96% lower on its value in year-to-date trading and has touched a low of $125.78 and a high of $226.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TSM stock was last observed hovering at around $198.24 in the last trading session, with the day’s loss setting it -6.59%.
Currently trading at $191.65, the stock is -5.73% and -6.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.12 million and changing -3.32% at the moment leaves the stock 5.06% off its SMA200. TSM registered 52.90% gain for a year compared to 6-month gain of 11.79%..
The stock witnessed a -14.68% loss in the last 1 month and extending the period to 3 months gives it a 1.04%, and is -6.01% 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 2.51% over the week and 3.22% over the month.
Taiwan Semiconductor Manufacturing ADR (TSM) has around 76478 employees, a market worth around $993.88B and $90.03B in sales. Current P/E ratio is 27.24 and Fwd P/E is 17.65. Profit margin for the company is 40.52%. Distance from 52-week low is 52.37% and -15.35% from its 52-week high. The company has generated returns on investments over the last 12 months (22.93%).
The EPS is expected to grow by 33.08% 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 0.70%.
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 BANK OF NEW YORK MELLON CORP which holds 23.57 million shares representing 0.4546% and valued at over $4.1 billion, while MORGAN STANLEY holds 0.3149 of the shares totaling 16.33 million with a market value of $2.84 billion.
Taiwan Semiconductor Manufacturing ADR (TSM) Insider Activity
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