Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is -10.68% lower on its value in year-to-date trading and has touched a low of $133.57 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 $179.28 in the last trading session, with the day’s loss setting it -2.88%.
Currently trading at $176.40, the stock is 10.93% and 4.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.62 million and changing -1.61% at the moment leaves the stock -3.57% off its SMA200. TSM registered 30.72% gain for a year compared to 6-month loss of -9.30%.
The stock witnessed a 12.09% gain in the last 1 month and extending the period to 3 months gives it a -11.71%, and is 7.96% 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 2.22% over the week and 4.63% over the month.
Current P/E ratio is 22.70 and Fwd P/E is 16.51. Profit margin for the company is 41.68%. Distance from 52-week low is 32.07% and -22.08% from its 52-week high. The company has generated returns on investments over the last 12 months (24.28%).
The EPS is expected to grow by 33.67% this year.
Taiwan Semiconductor Manufacturing ADR (TSM) Top Institutional Holders
The shares outstanding are 5.19B, and float is at 5.18B with Short Float at 0.73%.
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 ROYAL BANK OF CANADA with 11.06 million shares valued at $1.92 billion to account for 0.2132 of the shares outstanding. The other top investors are FMR LLC which holds 52.19 million shares representing 0.2013% and valued at over $9.07 billion, while SANDERS CAPITAL, LLC holds 0.1609 of the shares totaling 41.71 million with a market value of $7.25 billion.
Taiwan Semiconductor Manufacturing ADR (TSM) Insider Activity
#####
