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After finishing at $159.80 in the prior trading day, Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) closed at $160.28, up 0.30%. In other words, the price has increased by $0.30 from its previous closing price. On the day, 25.48 million shares were traded. TSM stock price reached its highest trading level at $163.4 during the session, while it also had its lowest trading level at $152.11.
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 13.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.09. For the most recent quarter (mrq), Quick Ratio is recorded 2.21 and its Current Ratio is at 2.47. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.25.
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 831224872960 and an Enterprise Value of 3124720566272. As of this moment, Taiwan’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.68, and their Forward P/E ratio for the next fiscal year is 19.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.86 while its Price-to-Book (P/B) ratio in mrq is 7.32. Its current Enterprise Value per Revenue stands at 1.281 whereas that against EBITDA is 1.904.
Stock Price History:
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 -4.56%, while the 200-Day Moving Average is calculated to be 24.14%.
Shares Statistics:
The stock has traded on average 15.70M shares per day over the past 3-months and 25006500 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 17.49% stake in the company. Shares short for TSM as of 1721001600 were 29322738 with a Short Ratio of 1.87, compared to 1718323200 on 31117214. Therefore, it implies a Short% of Shares Outstanding of 29322738 and a Short% of Float of 0.5700000000000001.
Dividends & Splits
In the trailing 12 months, TSM’s forward annual dividend rate was 7.0, compared to 2.03 this year. Against a Trailing Annual Dividend Yield of 0.043804754The stock’s 5-year Average Dividend Yield is 2.19.
