Gaining Ground: Taiwan Semiconductor Manufacturing ADR (TSM) Closes Higher at 181.83, Up 3.49

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The price of Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) closed at $181.83 in the last session, up 3.49% from day before closing price of $175.70. In other words, the price has increased by $3.49 from its previous closing price. On the day, 11.8 million shares were traded. TSM stock price reached its highest trading level at $182.49 during the session, while it also had its lowest trading level at $177.88.

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 15.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.11. For the most recent quarter (mrq), Quick Ratio is recorded 2.13 and its Current Ratio is at 2.39. 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 946407735296 and an Enterprise Value of 3849429188608. As of this moment, Taiwan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.62, and their Forward P/E ratio for the next fiscal year is 23.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.21 while its Price-to-Book (P/B) ratio in mrq is 8.30. Its current Enterprise Value per Revenue stands at 1.714 whereas that against EBITDA is 2.547.

Stock Price History:

Over the past 52 weeks, TSM has reached a high of $184.86, while it has fallen to a 52-week low of $84.01. The 50-Day Moving Average of the stock is 16.61%, while the 200-Day Moving Average is calculated to be 48.78%.

Shares Statistics:

According to the various share statistics, TSM traded on average about 14.51M shares per day over the past 3-months and 14906060 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 0.02% of the company’s shares, while institutions hold 17.12% stake in the company. Shares short for TSM as of 1718323200 were 31117214 with a Short Ratio of 2.14, compared to 1715731200 on 21440421.

Dividends & Splits

The forward annual dividend rate for TSM is 2.04, which was 14.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.07968128The stock’s 5-year Average Dividend Yield is 2.19.

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