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After finishing at $127.70 in the prior trading day, Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) closed at $129.75, up 1.61%. In other words, the price has increased by $1.61 from its previous closing price. On the day, 18.56 million shares were traded. TSM stock price reached its highest trading level at $130.6606 during the session, while it also had its lowest trading level at $125.78.
Ratios:
Our goal is to gain a better understanding of TSM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.80. 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 0.27 whereas as Long-Term Debt/Eq ratio is at 0.26.
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 673014546432 and an Enterprise Value of 2439785480192. As of this moment, Taiwan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.70, and their Forward P/E ratio for the next fiscal year is 17.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.43 while its Price-to-Book (P/B) ratio in mrq is 5.97. Its current Enterprise Value per Revenue stands at 1.086 whereas that against EBITDA is 1.614.
Stock Price History:
The Beta on a monthly basis for TSM is 1.15, which has changed by 0.57674074 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, TSM has reached a high of $158.40, while it has fallen to a 52-week low of $81.21. The 50-Day Moving Average of the stock is -5.00%, while the 200-Day Moving Average is calculated to be 21.00%.
Shares Statistics:
The stock has traded on average 16.02M shares per day over the past 3-months and 19374580 shares per day over the last 10 days, according to various share statistics. 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 17.35% stake in the company. Shares short for TSM as of 1711584000 were 24816750 with a Short Ratio of 1.55, compared to 1709164800 on 22157829.
Dividends & Splits
In the trailing 12 months, TSM’s forward annual dividend rate was 10.0, compared to 1.93 this year. The stock’s 5-year Average Dividend Yield is 2.29. The current Payout Ratio is 31.37% for TSM, which recently paid a dividend on 2024-03-18 with an ex-dividend date of 1718236800. Stock splits for the company last occurred on 2009-07-15 when the company split stock in a 1005:1000 ratio.
Earnings Estimates
Taiwan Semiconductor Manufacturing ADR (TSM) is currently under the scrutiny of 5 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of $1.35 for the current quarter, with a high estimate of $1.38 and a low estimate of $1.29, while EPS last year was $1.14. The consensus estimate for the next quarter is $1.69, with high estimates of $1.78 and low estimates of $1.62.
Analysts are recommending an EPS of between $6.77 and $6.01 for the fiscal current year, implying an average EPS of $6.27. EPS for the following year is $7.8, with 9 analysts recommending between $8.4 and $7.3.
Revenue Estimates
6 analysts predict $19.41B in revenue for the current quarter. It ranges from a high estimate of $20.01B to a low estimate of $18.65B. As of the current estimate, Taiwan Semiconductor Manufacturing ADR’s year-ago sales were $15.68B, an estimated increase of 23.80% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $22.25B, an increase of 30.30% over than the figure of $23.80% in the same quarter last year. There is a high estimate of $23.16B for the next quarter, whereas the lowest estimate is $20.91B.
A total of 10 analysts have provided revenue estimates for TSM’s current fiscal year. The highest revenue estimate was $87.06B, while the lowest revenue estimate was $80.44B, resulting in an average revenue estimate of $84.24B. In the same quarter a year ago, actual revenue was $69.4B, up 21.40% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $102.09B in the next fiscal year. The high estimate is $108.86B and the low estimate is $96.49B. The average revenue growth estimate for next year is up 21.20% from the average revenue estimate for this year.
