Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is -21.09% 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 $157.08 in the last trading session, with the day’s loss setting it -1.24%.
Currently trading at $155.84, the stock is -5.26% and -13.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.37 million and changing -0.79% at the moment leaves the stock -15.42% off its SMA200. TSM registered 5.87% gain for a year compared to 6-month loss of -16.12%. The firm has a 50-day simple moving average (SMA 50) of $180.3546 and a 200-day simple moving average (SMA200) of $184.25485.
The stock witnessed a -10.48% gain in the last 1 month and extending the period to 3 months gives it a -22.61%, and is 6.62% 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 7.71% over the week and 4.49% over the month.
Current P/E ratio is 22.15 and Fwd P/E is 14.58. Profit margin for the company is 40.52%. Distance from 52-week low is 23.90% and -31.17% from its 52-week high. The company has generated returns on investments over the last 12 months (22.67%).
with sales reaching $832.86B over the same period.The EPS is expected to grow by 31.68% this year, but quarterly earnings will post 26.98% year-over-year. Quarterly sales are estimated to grow 40.53% in year-over-year returns.
Taiwan Semiconductor Manufacturing ADR (TSM) Top Institutional Holders
3272.0 institutions hold shares in Taiwan Semiconductor Manufacturing ADR (TSM), with institutional investors hold 16.71% 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 16.71% 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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