Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is -16.40% lower on its value in year-to-date trading and has touched a low of $128.86 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 $164.18 in the last trading session, with the day’s gains setting it 0.92%.
Currently trading at $165.10, the stock is 5.43% and -4.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.38 million and changing 0.56% at the moment leaves the stock -9.95% off its SMA200. TSM registered 23.74% gain for a year compared to 6-month loss of -16.82%. The firm has a 50-day simple moving average (SMA 50) of $172.2542 and a 200-day simple moving average (SMA200) of $183.3348.
The stock witnessed a -4.84% gain in the last 1 month and extending the period to 3 months gives it a -25.59%, and is 8.80% 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 3.37% over the week and 4.80% over the month.
Current P/E ratio is 21.24 and Fwd P/E is 15.43. Profit margin for the company is 41.68%. Distance from 52-week low is 28.12% and -27.08% from its 52-week high. The company has generated returns on investments over the last 12 months (24.28%).
with sales reaching $927.17B over the same period.The EPS is expected to grow by 33.55% this year, but quarterly earnings will post 27.40% year-over-year. Quarterly sales are estimated to grow 37.66% in year-over-year returns.
Taiwan Semiconductor Manufacturing ADR (TSM) Top Institutional Holders
3263.0 institutions hold shares in Taiwan Semiconductor Manufacturing ADR (TSM), with institutional investors hold 16.73% of the company’s shares. The shares outstanding are 5.19B, and float is at 5.18B with Short Float at 0.73%. Institutions hold 16.73% 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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