In Monday’s Wall Street session, Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) shares traded at $155.84, down -0.79% from the previous session.
TSM stock price is now -13.59% away from the 50-day moving average and -15.42% away from the 200-day moving average. The market capitalization of the company currently stands at $808.17B.
With the price target enhanced from $130 to $170, TD Cowen maintained Hold rating for Taiwan Semiconductor Manufacturing ADR (NYSE: TSM). On July 15, 2024, Needham reiterated its ‘Buy’ rating on the stock by increasing its target price from $168 to quote $210, while ‘TD Cowen’ rates the stock as ‘Hold’
A total of 0.03% of the company’s stock is owned by insiders.
During the past 12 months, Taiwan Semiconductor Manufacturing ADR has had a low of $125.78 and a high of $226.40. As of last week, the company has a debt-to-equity ratio of 0.24, a current ratio of 2.44, and a quick ratio of 2.21. According to the stock market information, the enterprise value for the company is $2704459169792, which is based on a 22.15 price-to-earnings ratio, a 1.00 price-to-earnings-growth ratio, and a beta of 1.22. The fifty day moving average price for TSM is $180.3546 and a two-hundred day moving average price translates $184.25485 for the stock.
The latest earnings results from Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) was released for 2024-12-31. The net profit margin was 40.52% and return on equity was 29.96% for TSM. The company reported revenue of $23.55 billion for the quarter, compared to $17.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.31 percent.
