Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is -10.76% 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 $174.09 in the last trading session, with the day’s gains setting it 2.15%.
Currently trading at $176.24, the stock is -3.96% and -11.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.64 million and changing 1.23% at the moment leaves the stock -4.44% off its SMA200. TSM registered 23.99% gain for a year compared to 6-month gain of 2.81%. The firm has a 50-day simple moving average (SMA 50) of $198.4792 and a 200-day simple moving average (SMA200) of $184.4372.
The stock witnessed a -12.68% loss in the last 1 month and extending the period to 3 months gives it a -9.43%, and is 3.28% 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 2.07% over the week and 3.34% over the month.
Taiwan Semiconductor Manufacturing ADR (TSM) has around 76478 employees, a market worth around $913.96B and $90.03B in sales. Current P/E ratio is 25.05 and Fwd P/E is 16.24. Profit margin for the company is 40.52%. Distance from 52-week low is 40.12% and -22.16% 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 32.88% this year, but quarterly earnings will post 27.95% year-over-year. Quarterly sales are estimated to grow 40.74% in year-over-year returns.
Taiwan Semiconductor Manufacturing ADR (TSM) Top Institutional Holders
3300.0 institutions hold shares in Taiwan Semiconductor Manufacturing ADR (TSM), with institutional investors hold 16.69% of the company’s shares. The shares outstanding are 5.19B, and float is at 5.18B with Short Float at 0.66%. Institutions hold 16.69% of the Float.
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 SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 0.3079 of the shares totaling 15.97 million with a market value of $2.78 billion.
Taiwan Semiconductor Manufacturing ADR (TSM) Insider Activity
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