Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is -12.42% 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 $180.53 in the last trading session, with the day’s loss setting it -7.56%.
Currently trading at $172.97, the stock is -12.86% and -14.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 37.18 million and changing -4.19% at the moment leaves the stock -5.69% off its SMA200. TSM registered 35.79% gain for a year compared to 6-month gain of 2.23%.
The stock witnessed a -16.90% loss in the last 1 month and extending the period to 3 months gives it a -5.91%, and is -9.75% 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 4.67% over the week and 3.21% over the month.
Taiwan Semiconductor Manufacturing ADR (TSM) has around 76478 employees, a market worth around $897.00B and $90.03B in sales. Current P/E ratio is 24.59 and Fwd P/E is 15.93. Profit margin for the company is 40.52%. Distance from 52-week low is 37.52% and -23.60% from its 52-week high. The company has generated returns on investments over the last 12 months (22.67%).
with sales reaching $834.1B over the same period.The EPS is expected to grow by 33.07% this year, but quarterly earnings will post 27.88% year-over-year. Quarterly sales are estimated to grow 40.74% in year-over-year returns.
Taiwan Semiconductor Manufacturing ADR (TSM) Top Institutional Holders
The shares outstanding are 5.19B, and float is at 5.18B with Short Float at 0.64%.
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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Taiwan Semiconductor Manufacturing ADR (TSM): Who are the competitors?
The company’s main competitors (and peers) include NVIDIA Corp. (NVDA) that is trading 33.82% up over the past 12 months. Analog Devices Inc. (ADI) that is 17.40% higher over the same period.
