Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) closed at $194.48 down -1.25% from its previous closing price of $196.94. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 9.53 million shares were traded. TSM stock price reached its highest trading level at $195.45 during the session, while it also had its lowest trading level at $192.61.
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 14.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.00. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 2.57. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.23.
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 1008588750848 and an Enterprise Value of 3875289432064. As of this moment, Taiwan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.14, and their Forward P/E ratio for the next fiscal year is 21.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.18 while its Price-to-Book (P/B) ratio in mrq is 8.63. Its current Enterprise Value per Revenue stands at 1.462 whereas that against EBITDA is 2.156.
Stock Price History:
Over the past 52 weeks, TSM has reached a high of $212.60, while it has fallen to a 52-week low of $84.95. The 50-Day Moving Average of the stock is 8.33%, while the 200-Day Moving Average is calculated to be 24.53%.
Shares Statistics:
For the past three months, TSM has traded an average of 15.07M shares per day and 19308990 over the past ten days. A total of 5.19B shares are outstanding, with a floating share count of 5.19B. Insiders hold about 0.01% of the company’s shares, while institutions hold 16.76% stake in the company. Shares short for TSM as of 1728950400 were 25404420 with a Short Ratio of 1.69, compared to 1726185600 on 25997273. Therefore, it implies a Short% of Shares Outstanding of 25404420 and a Short% of Float of 0.49.
Dividends & Splits
According to the company, the forward annual dividend rate for TSM is 2.19, from 15.5 in the trailing year. Against a Trailing Annual Dividend Yield of 0.07870417The stock’s 5-year Average Dividend Yield is 2.09.
