In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) closed the day trading at $192.31 down -13.33% from the previous closing price of $221.88. In other words, the price has decreased by -$13.33 from its previous closing price. On the day, 68.09 million shares were traded. TSM stock price reached its highest trading level at $207.0 during the session, while it also had its lowest trading level at $187.665.
Ratios:
For a better understanding of TSM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.39. For the most recent quarter (mrq), Quick Ratio is recorded 2.21 and its Current Ratio is at 2.44. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.22.
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 997425348608 and an Enterprise Value of 4194722381824. As of this moment, Taiwan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.34, and their Forward P/E ratio for the next fiscal year is 17.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.08 while its Price-to-Book (P/B) ratio in mrq is 7.56. Its current Enterprise Value per Revenue stands at 1.582 whereas that against EBITDA is 2.334.
Stock Price History:
The Beta on a monthly basis for TSM is 1.08, which has changed by 0.91176975 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, TSM has reached a high of $226.40, while it has fallen to a 52-week low of $112.61. The 50-Day Moving Average of the stock is -3.79%, while the 200-Day Moving Average is calculated to be 9.18%.
Shares Statistics:
Over the past 3-months, TSM traded about 13.62M shares per day on average, while over the past 10 days, TSM traded about 18501090 shares per day. 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 16.48% stake in the company. Shares short for TSM as of 1735603200 were 32966479 with a Short Ratio of 2.42, compared to 1732838400 on 30130494. Therefore, it implies a Short% of Shares Outstanding of 32966479 and a Short% of Float of 0.64.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.99. The current Payout Ratio is 31.10% for TSM, which recently paid a dividend on 2024-12-12 with an ex-dividend date of 1742256000. Stock splits for the company last occurred on 2009-07-15 when the company split stock in a 1005:1000 ratio.
