Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is -25.99% 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 $146.80 in the last trading session, with the day’s loss setting it -0.63%.
Currently trading at $146.17, the stock is -13.91% and -21.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 43.54 million and changing -0.43% at the moment leaves the stock -20.88% off its SMA200. TSM registered 4.66% gain for a year compared to 6-month loss of -18.56%. The firm has a 50-day simple moving average (SMA 50) of $185.3614 and a 200-day simple moving average (SMA200) of $184.7431.
The stock witnessed a -17.46% gain in the last 1 month and extending the period to 3 months gives it a -29.93%, and is -11.95% 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 5.49% over the week and 3.25% over the month.
Current P/E ratio is 20.78 and Fwd P/E is 13.54. Profit margin for the company is 40.52%. Distance from 52-week low is 16.21% and -35.44% from its 52-week high. The company has generated returns on investments over the last 12 months (22.67%).
with sales reaching $832.46B over the same period.The EPS is expected to grow by 32.50% this year, but quarterly earnings will post 27.80% year-over-year. Quarterly sales are estimated to grow 40.46% in year-over-year returns.
Taiwan Semiconductor Manufacturing ADR (TSM) Top Institutional Holders
3277.0 institutions hold shares in Taiwan Semiconductor Manufacturing ADR (TSM), with institutional investors hold 16.68% of the company’s shares. The shares outstanding are 5.19B, and float is at 5.18B with Short Float at 0.61%. Institutions hold 16.68% of the Float.
The top institutional shareholder in the company is JPMORGAN CHASE & CO with over 41.76 million shares valued at $7.26 billion. The investor’s holdings represent 0.8052% of the TSM Shares outstanding. As of 2024-06-30, the second largest holder is BANK OF NEW YORK MELLON CORP with 23.57 million shares valued at $4.1 billion to account for 0.4546 of the shares outstanding. The other top investors are ROYAL BANK OF CANADA which holds 11.06 million shares representing 0.2132% and valued at over $1.92 billion, while FMR LLC holds 0.2013 of the shares totaling 52.19 million with a market value of $9.07 billion.
Taiwan Semiconductor Manufacturing ADR (TSM) Insider Activity
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