In yesterday’s Wall Street session, Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) shares traded at $192.31, down -13.33% from the previous session.
TSM stock price is now -3.79% away from the 50-day moving average and 9.18% away from the 200-day moving average. The market capitalization of the company currently stands at $997.30B.
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 0.02% of the company’s stock is owned by insiders.
During the past 12 months, Taiwan Semiconductor Manufacturing ADR has had a low of $112.61 and a high of $226.40. As of last week, the company has a debt-to-equity ratio of 0.23, 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 $4194722381824, which is based on a 27.34 price-to-earnings ratio, a 1.22 price-to-earnings-growth ratio, and a beta of 1.08. The fifty day moving average price for TSM is $199.9202 and a two-hundred day moving average price translates $175.9104 for the stock.
The latest earnings results from Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) was released for 2024-09-30. 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. For the current quarter, analysts expect TSM to generate $831.97B in revenue.
