The stock of Taiwan Semiconductor Manufacturing ADR (TSM) has gone up by 0.82% for the week, with a 0.27% rise in the past month and a 40.80% rise in the past quarter. The volatility ratio for the week is 2.71%, and the volatility levels for the past 30 days are 2.59% for TSM. The simple moving average for the last 20 days is 1.69% for TSM’s stock, with a simple moving average of 34.25% for the last 200 days.
Is It Worth Investing in Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) Right Now?
The price-to-earnings ratio for Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) is above average at 27.50x. The 36-month beta value for TSM is also noteworthy at 1.14. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for TSM is 5.19B, and at present, short sellers hold a 0.48% of that float. The average trading volume of TSM on April 15, 2024 was 16.36M shares.
TSM) stock’s latest price update
The stock of Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) has decreased by -3.18 when compared to last closing price of 147.20.Despite this, the company has seen a gain of 0.82% in its stock price over the last five trading days. The Motley Fool reported 2024-04-14 that Taiwan Semiconductor will release its first-quarter 2024 results on April 18, and the company is set to coast past Wall Street’s expectations. The foundry leader could deliver an upbeat outlook thanks to a strong lineup of customers selling AI chips.
Analysts’ Opinion of TSM
Many brokerage firms have already submitted their reports for TSM stocks, with Needham repeating the rating for TSM by listing it as a “Buy.” The predicted price for TSM in the upcoming period, according to Needham is $168 based on the research report published on April 10, 2024 of the current year 2024.
Needham, on the other hand, stated in their research note that they expect to see TSM reach a price target of $133, previously predicting the price at $115. The rating they have provided for TSM stocks is “Buy” according to the report published on January 19th, 2024.
TD Cowen gave a rating of “Market Perform” to TSM, setting the target price at $95 in the report published on January 12th of the current year.
TSM Trading at 6.16% from the 50-Day Moving Average
After a stumble in the market that brought TSM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.03% of loss for the given period.
Volatility was left at 2.59%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares surge +2.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.17% upper at present.
During the last 5 trading sessions, TSM rose by +0.82%, which changed the moving average for the period of 200-days by +39.62% in comparison to the 20-day moving average, which settled at $140.29. In addition, Taiwan Semiconductor Manufacturing ADR saw 37.04% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TSM
Current profitability levels for the company are sitting at:
- 0.43 for the present operating margin
- 0.53 for the gross margin
The net margin for Taiwan Semiconductor Manufacturing ADR stands at 0.39. The total capital return value is set at 0.2. Equity return is now at value 25.78, with 15.73 for asset returns.
Based on Taiwan Semiconductor Manufacturing ADR (TSM), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 1.33. The debt to equity ratio resting at 0.27. The interest coverage ratio of the stock is 50.26.
Currently, EBITDA for the company is 1.45 trillion with net debt to EBITDA at -0.35. When we switch over and look at the enterprise to sales, we see a ratio of 9.52. The receivables turnover for the company is 10.7for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.40.
Conclusion
In summary, Taiwan Semiconductor Manufacturing ADR (TSM) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
