Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is -1.66% 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 $194.22 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $194.22, the stock is 11.88% and 15.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.13 million and changing 0.00% at the moment leaves the stock 5.63% off its SMA200. TSM registered 27.82% gain for a year compared to 6-month loss of 1.28%.
The stock witnessed a 28.05% gain in the last 1 month and extending the period to 3 months gives it a -4.75%, and is 10.03% 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 2.06% over the week and 2.61% over the month.
Current P/E ratio is 24.99 and Fwd P/E is 17.99. Profit margin for the company is 41.68%. Distance from 52-week low is 45.41% and -14.21% from its 52-week high. The company has generated returns on investments over the last 12 months (23.98%).
with sales reaching $926.58B over the same period.The EPS is expected to grow by 35.17% this year, but quarterly earnings will post 27.44% year-over-year. Quarterly sales are estimated to grow 37.58% in year-over-year returns.
Taiwan Semiconductor Manufacturing ADR (TSM) Top Institutional Holders
The shares outstanding are 5.19B, and float is at 5.18B with Short Float at 0.62%.
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 0.2013% 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 0.161 of the shares outstanding. The other top investors are SANDERS CAPITAL, LLC which holds 41.71 million shares representing 0.1609% and valued at over $7.25 billion, while CAPITAL WORLD INVESTORS holds 0.1545 of the shares totaling 40.05 million with a market value of $6.96 billion.
Taiwan Semiconductor Manufacturing ADR (TSM) Insider Activity
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