Taiwan Semiconductor Manufacturing ADR (NYSE: TSM)’s stock price has soared by 0.06 in relation to previous closing price of 175.38. Nevertheless, the company has seen a gain of 1.49% in its stock price over the last five trading days. zacks.com reported 2024-06-21 that TSMC (TSM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
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 33.41x. The 36-month beta value for TSM is also noteworthy at 1.15. 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.”
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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 June 21, 2024 was 14.31M shares.
TSM’s Market Performance
TSM’s stock has seen a 1.49% increase for the week, with a 14.20% rise in the past month and a 25.84% gain in the past quarter. The volatility ratio for the week is 3.17%, and the volatility levels for the past 30 days are at 2.73% for Taiwan Semiconductor Manufacturing ADR The simple moving average for the last 20 days is 7.26% for TSM’s stock, with a simple moving average of 47.52% for the last 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 16.50% 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 -5.07% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 3.17%, as shares surge +11.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.17% upper at present.
During the last 5 trading sessions, TSM rose by +0.77%, which changed the moving average for the period of 200-days by +84.20% in comparison to the 20-day moving average, which settled at $164.52. In addition, Taiwan Semiconductor Manufacturing ADR saw 68.74% 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:
- 0.42 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 1.33. The debt to equity ratio resting at 0.27. The interest coverage ratio of the stock is 67.08.
Currently, EBITDA for the company is 1.45 trillion with net debt to EBITDA at -0.45. When we switch over and look at the enterprise to sales, we see a ratio of 11.01. The receivables turnover for the company is 11.11for 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 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.
