Market Update: Taiwan Semiconductor Manufacturing ADR (TSM) Sees Negative Movement, Closing at 185.22

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In the latest session, Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) closed at $185.22 down -1.14% from its previous closing price of $187.35. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 15.55 million shares were traded. TSM stock price reached its highest trading level at $190.06 during the session, while it also had its lowest trading level at $184.08.

Ratios:

For a deeper understanding of Taiwan Semiconductor Manufacturing ADR’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 54.10. 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, Needham on Jul-16-24, Reiterated its Buy rating but revised its target price to $210 from $168 previously.

On April 18, 2024, TD Cowen reiterated its Hold rating and also lowered its target price recommendation 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 960565673984 and an Enterprise Value of 3975466713088. As of this moment, Taiwan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.26, and their Forward P/E ratio for the next fiscal year is 23.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.46 while its Price-to-Book (P/B) ratio in mrq is 8.46. Its current Enterprise Value per Revenue stands at 1.77 whereas that against EBITDA is 2.631.

Stock Price History:

The Beta on a monthly basis for TSM is 1.15, which has changed by 0.8162869 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. 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 13.63%, while the 200-Day Moving Average is calculated to be 47.40%.

Shares Statistics:

For the past three months, TSM has traded an average of 14.98M shares per day and 15834820 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 17.09% stake in the company. Shares short for TSM as of 1719532800 were 31117214 with a Short Ratio of 1.86, compared to 1717113600 on 24671298.

Dividends & Splits

According to the company, the forward annual dividend rate for TSM is 2.03, from 14.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.07472645The stock’s 5-year Average Dividend Yield is 2.19. The current Payout Ratio is 31.10% for TSM, which recently paid a dividend on 2024-06-13 with an ex-dividend date of 1726099200. Stock splits for the company last occurred on 2009-07-15 when the company split stock in a 1005:1000 ratio.

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