Taiwan Semiconductor Manufacturing ADR (NYSE: TSM)’s stock price has decreased by -3.46 compared to its previous closing price of 132.27. However, the company has seen a -10.40% decrease in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-20 that Taiwan Semiconductor offers investors insights into the hottest investing trend of 2024.
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 24.31x, Company’s 36-month beta value is 1.14.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for TSM is 5.19B, and currently, short sellers hold a 0.48% ratio of that floaft. The average trading volume of TSM on April 22, 2024 was 16.16M shares.
TSM’s Market Performance
TSM stock saw a decrease of -10.40% in the past week, with a monthly decline of -6.62% and a quarterly a decrease of 11.82%. The volatility ratio for the week is 3.58%, and the volatility levels for the last 30 days are 2.83% for Taiwan Semiconductor Manufacturing ADR (TSM). The simple moving average for the past 20 days is -9.17% for TSM’s stock, with a 19.24% simple moving average for the past 200 days.
Analysts’ Opinion of TSM
Many brokerage firms have already submitted their reports for TSM stocks, with TD Cowen repeating the rating for TSM by listing it as a “Hold.” The predicted price for TSM in the upcoming period, according to TD Cowen is $130 based on the research report published on April 18, 2024 of the current year 2024.
Needham gave a rating of “Buy” to TSM, setting the target price at $168 in the report published on April 10th of the current year.
TSM Trading at -6.46% 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 -19.38% of loss for the given period.
Volatility was left at 2.83%, however, over the last 30 days, the volatility rate increased by 3.58%, as shares sank -8.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.18% upper at present.
During the last 5 trading sessions, TSM fell by -10.40%, which changed the moving average for the period of 200-days by +26.45% in comparison to the 20-day moving average, which settled at $140.01. In addition, Taiwan Semiconductor Manufacturing ADR saw 22.79% 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 25.38, with 15.72 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 1.34. The debt to equity ratio resting at 0.27. The interest coverage ratio of the stock is 68.26.
Currently, EBITDA for the company is 1.45 trillion with net debt to EBITDA at -0.48. When we switch over and look at the enterprise to sales, we see a ratio of 8.37. The receivables turnover for the company is 11.12for 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 2.39.
Conclusion
In a nutshell, Taiwan Semiconductor Manufacturing ADR (TSM) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
