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The price of Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) closed at $169.20 in the last session, down -0.79% from day before closing price of $170.55. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 10.16 million shares were traded. TSM stock price reached its highest trading level at $172.465 during the session, while it also had its lowest trading level at $166.2.
Ratios:
We take a closer look at TSM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.59. For the most recent quarter (mrq), Quick Ratio is recorded 2.21 and its Current Ratio is at 2.47. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on July 18, 2024, Reiterated its Hold rating but revised its target price to $170 from $130 previously.
On July 15, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $168 to $210.
TD Cowen reiterated its Hold rating for the stock on April 18, 2024, while the target price for the stock was revised from $100 to $130.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TSM now has a Market Capitalization of 877484703744 and an Enterprise Value of 3395557261312. As of this moment, Taiwan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.27, and their Forward P/E ratio for the next fiscal year is 20.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.46 while its Price-to-Book (P/B) ratio in mrq is 7.51. Its current Enterprise Value per Revenue stands at 1.393 whereas that against EBITDA is 2.073.
Stock Price History:
Over the past 52 weeks, TSM has reached a high of $193.47, while it has fallen to a 52-week low of $84.01. The 50-Day Moving Average of the stock is -1.02%, while the 200-Day Moving Average is calculated to be 22.55%.
Shares Statistics:
According to the various share statistics, TSM traded on average about 17.52M shares per day over the past 3-months and 11548820 shares per day over the past 10 days. A total of 5.19B shares are outstanding, with a floating share count of 5.19B. Insiders hold about 0.01% of the company’s shares, while institutions hold 17.25% stake in the company. Shares short for TSM as of 1723680000 were 31554015 with a Short Ratio of 1.80, compared to 1721001600 on 29322738. Therefore, it implies a Short% of Shares Outstanding of 31554015 and a Short% of Float of 0.61000003.
Dividends & Splits
The forward annual dividend rate for TSM is 2.03, which was 15.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.087950744The stock’s 5-year Average Dividend Yield is 2.16.
