The stock of Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) last traded at $98.55, up 1.27% from the previous session.
Data from the available sources indicates that Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) is covered by 35 analysts. 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 $97.31, this indicates a potential upside of 18.18 percent. TSM stock price is now 7.64% away from the 50-day moving average and 6.06% away from the 200-day moving average. The market capitalization of the company currently stands at $511.12B.
In total, 1 analysts have assigned it a hold rating, and 27 have given it a buy rating. Brokers who have rated the stock have averaged $112.36 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.
With an opening price of $97.70 on Friday morning, Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) set off the trading day. During the past 12 months, Taiwan Semiconductor Manufacturing ADR has had a low of $72.84 and a high of $110.69. As of last week, the company has a debt-to-equity ratio of 0.29, 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 $458.89B, which is based on a 17.73 price-to-earnings ratio, a 6.57 price-to-earnings-growth ratio, and a beta of 1.05. The fifty day moving average price for TSM is $91.82 and a two-hundred day moving average price translates $92.94 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 $1.78 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 $17.28 billion for the quarter, compared to $20.17 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.35 percent. For the current quarter, analysts expect TSM to generate $19.08B in revenue.
