Daily Market Movement: Taiwan Semiconductor Manufacturing ADR (TSM) Sees a -4.86 Decrease, Closing at 132.27

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The closing price of Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) was $132.27 for the day, down -4.86% from the previous closing price of $139.03. In other words, the price has decreased by -$4.86 from its previous closing price. On the day, 38.96 million shares were traded. TSM stock price reached its highest trading level at $135.13 during the session, while it also had its lowest trading level at $130.3.

Ratios:

Our analysis of TSM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 56.06. For the most recent quarter (mrq), Quick Ratio is recorded 2.13 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.27.

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 April 18, 2024, Reiterated its Hold rating but revised its target price to $130 from $100 previously.

Needham reiterated its Buy rating for the stock on April 10, 2024, while the target price for the stock was revised from $133 to $168.

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 686085832704 and an Enterprise Value of 2928443129856. As of this moment, Taiwan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.18, and their Forward P/E ratio for the next fiscal year is 17.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.61 while its Price-to-Book (P/B) ratio in mrq is 6.09. Its current Enterprise Value per Revenue stands at 1.355 whereas that against EBITDA is 2.027.

Stock Price History:

Over the past 52 weeks, TSM has reached a high of $158.40, while it has fallen to a 52-week low of $81.21. The 50-Day Moving Average of the stock is -2.93%, while the 200-Day Moving Average is calculated to be 23.68%.

Shares Statistics:

TSM traded an average of 16.47M shares per day over the past three months and 17144140 shares per day over the past ten days. A total of 5.19B shares are outstanding, with a floating share count of 5.19B. Insiders hold about 0.02% of the company’s shares, while institutions hold 17.37% stake in the company. Shares short for TSM as of 1711584000 were 24816750 with a Short Ratio of 1.51, compared to 1709164800 on 22157829.

Dividends & Splits

With its trailing 12-month dividend rate of 13.0, TSM has a forward annual dividend rate of 1.93. The stock’s 5-year Average Dividend Yield is 2.29.

Earnings Estimates

The stock of Taiwan Semiconductor Manufacturing ADR (TSM) is currently in the spotlight, with Taiwan Semiconductor Manufactur analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $31.15, with high estimates of $4.51 and low estimates of $25.98.

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