Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is -2.11% 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 $197.15 in the last trading session, with the day’s loss setting it -3.83%.
Currently trading at $193.32, the stock is 2.57% and 12.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.98 million and changing -1.94% at the moment leaves the stock 4.23% off its SMA200. TSM registered 21.27% gain for a year compared to 6-month loss of 4.45%. The firm has a 50-day simple moving average (SMA 50) of $172.5352 and a 200-day simple moving average (SMA200) of $185.46785.
The stock witnessed a 15.98% gain in the last 1 month and extending the period to 3 months gives it a 7.08%, and is -1.46% 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 2.09% over the week and 2.17% over the month.
Current P/E ratio is 24.87 and Fwd P/E is 17.90. Profit margin for the company is 41.68%. Distance from 52-week low is 44.73% and -14.61% from its 52-week high. The company has generated returns on investments over the last 12 months (23.98%).
with sales reaching $928B over the same period.The EPS is expected to grow by 35.96% this year, but quarterly earnings will post 27.12% year-over-year. Quarterly sales are estimated to grow 37.79% in year-over-year returns.
Taiwan Semiconductor Manufacturing ADR (TSM) Top Institutional Holders
3322.0 institutions hold shares in Taiwan Semiconductor Manufacturing ADR (TSM), with institutional investors hold 16.40% of the company’s shares. The shares outstanding are 5.19B, and float is at 5.18B with Short Float at 0.58%. Institutions hold 16.39% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 16.33 million shares valued at $2.84 billion. The investor’s holdings represent 0.3149% of the TSM Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 52.19 million shares valued at $9.07 billion to account for 0.2013 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 41.76 million shares representing 0.161% and valued at over $7.26 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
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