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As of close of business last night, Taiwan Semiconductor Manufacturing ADR’s stock clocked out at $184.66, up 1.92% from its previous closing price of $181.19. In other words, the price has increased by $1.92 from its previous closing price. On the day, 8.05 million shares were traded. TSM stock price reached its highest trading level at $186.95 during the session, while it also had its lowest trading level at $181.18.
Ratios:
To gain a deeper understanding of TSM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.73. 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 0.26 whereas as Long-Term Debt/Eq ratio is at 0.24.
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 957748281344 and an Enterprise Value of 3620676567040. As of this moment, Taiwan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.57, and their Forward P/E ratio for the next fiscal year is 20.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.56 while its Price-to-Book (P/B) ratio in mrq is 7.60. Its current Enterprise Value per Revenue stands at 1.366 whereas that against EBITDA is 2.014.
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 $95.25. The 50-Day Moving Average of the stock is -2.32%, while the 200-Day Moving Average is calculated to be 12.84%.
Shares Statistics:
It appears that TSM traded 13.53M shares on average per day over the past three months and 11002670 shares per day over the past ten days. A total of 5.19B shares are outstanding, with a floating share count of 5.18B. Insiders hold about 0.02% of the company’s shares, while institutions hold 16.35% stake in the company. Shares short for TSM as of 1731628800 were 30838423 with a Short Ratio of 2.28, compared to 1728950400 on 25404420. Therefore, it implies a Short% of Shares Outstanding of 30838423 and a Short% of Float of 0.6.
Dividends & Splits
With its trailing 12-month dividend rate of 15.5, TSM has a forward annual dividend rate of 2.19. Against a Trailing Annual Dividend Yield of 0.08554556The stock’s 5-year Average Dividend Yield is 2.03.
