A breakdown of the latest mutual funds holding Taiwan Semiconductor Manufacturing ADR (TSM)

Stocks of Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) traded higher last session on Wall Street, up 1.45% to $91.79.

According to the data, Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) has 34 analysts covering its stock. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $130.00 and a low of $75.00, we find $115.00. Given the previous closing price of $90.48, this indicates a potential upside of 27.1 percent. TSM stock price is now 2.43% away from the 50-day moving average and -0.95% away from the 200-day moving average. The market capitalization of the company currently stands at $476.06B.

A total of 1 analysts have issued a hold rating and 26 have given it a buy rating. Brokers who have rated the stock have averaged $111.14 as their price target over the next twelve months.

With the price target of $105, Barclays recently initiated with Overweight rating for Taiwan Semiconductor Manufacturing ADR (NYSE: TSM).

A total of 0.02% of the company’s stock is owned by insiders.

Friday’s opening bell rang with an opening price of $91.65 for Taiwan Semiconductor Manufacturing ADR (NYSE: TSM). During the past 12 months, Taiwan Semiconductor Manufacturing ADR has had a low of $59.43 and a high of $110.69. As of last week, the company has a debt-to-equity ratio of 0.28, a current ratio of 2.15, and a quick ratio of 1.88. According to the stock market information, the enterprise value for the company is $424.01B, which is based on a 16.52 price-to-earnings ratio, a 6.12 price-to-earnings-growth ratio, and a beta of 1.04. The fifty day moving average price for TSM is $89.59 and a two-hundred day moving average price translates $92.69 for the stock.

The latest earnings results from Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) was released for Sep, 2023. According to the Semiconductors Company, earnings per share came in at $1.29, beating analysts’ expectations of $1.17 by 0.12. This compares to $1.56 EPS in the same period last year. The net profit margin was 41.42% and return on equity was 30.39% for TSM. The company reported revenue of $15.68 billion for the quarter, compared to $18.16 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -13.69 percent. For the current quarter, analysts expect TSM to generate $18.76B in revenue.

Taiwan Semiconductor Manufacturing ADR(TSM) Company Profile

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors. The company also offers customer support and engineering services, as well as manufactures masks. Its products are used in high performance computing, smartphone, Internet of things, automotive, and digital consumer electronics. The company was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.

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