For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) closed at $201.83 down -2.20% from its previous closing price of $206.38. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 15.49 million shares were traded.
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 14.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.09. 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:
As of this moment, Taiwan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.69, and their Forward P/E ratio for the next fiscal year is 18.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.63 while its Price-to-Book (P/B) ratio in mrq is 7.94.
Stock Price History:
Over the past 52 weeks, TSM has reached a high of $226.40, while it has fallen to a 52-week low of $122.91. The 50-Day Moving Average of the stock is -1.41%, while the 200-Day Moving Average is calculated to be 11.76%.
Shares Statistics:
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 16.25% stake in the company.
