Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) has seen a rise in its stock price by 5.27 in relation to its previous close of 184.66. However, the company has experienced a 2.27% gain in its stock price over the last five trading sessions. fool.com reported 2024-12-02 that Up about 75% year to date as of this writing, Taiwan Semiconductor Manufacturing (TSM 5.28%), or TSMC for short, has been on a strong run this year as it has benefited from the AI infrastructure buildout.
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 31.13x, which is above its average ratio. Moreover, the 36-month beta value for TSM is 1.10. Analysts have varying opinions on the stock, with 12 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for TSM is 5.18B and currently, short sellers hold a 0.60% of that float. On December 03, 2024, TSM’s average trading volume was 13.53M shares.
TSM’s Market Performance
TSM stock saw an increase of 2.27% in the past week, with a monthly gain of 2.03% and a quarterly increase of 21.13%. The volatility ratio for the week is 2.69%, and the volatility levels for the last 30 days are 2.62% for Taiwan Semiconductor Manufacturing ADR (TSM). The simple moving average for the last 20 days is 2.16% for TSM stock, with a simple moving average of 18.56% 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 $170 based on the research report published on July 18, 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 $210, previously predicting the price at $168. The rating they have provided for TSM stocks is “Buy” according to the report published on July 15th, 2024.
TD Cowen gave a rating of “Hold” to TSM, setting the target price at $130 in the report published on April 18th of the current year.
TSM Trading at 2.62% 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 -8.56% of loss for the given period.
Volatility was left at 2.62%, however, over the last 30 days, the volatility rate increased by 2.69%, as shares surge +0.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.67% upper at present.
During the last 5 trading sessions, TSM rose by +2.27%, which changed the moving average for the period of 200-days by +50.66% in comparison to the 20-day moving average, which settled at $190.30. In addition, Taiwan Semiconductor Manufacturing ADR saw 86.92% 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:
- 0.44 for the present operating margin
- 0.54 for the gross margin
The net margin for Taiwan Semiconductor Manufacturing ADR stands at 0.4. The total capital return value is set at 0.23. Equity return is now at value 28.19, with 17.76 for asset returns.
Based on Taiwan Semiconductor Manufacturing ADR (TSM), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at 1.76. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is 114.28.
Currently, EBITDA for the company is 1.45 trillion with net debt to EBITDA at -0.57. When we switch over and look at the enterprise to sales, we see a ratio of 10.01. The receivables turnover for the company is 10.61for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.57.
Conclusion
To wrap up, the performance of Taiwan Semiconductor Manufacturing ADR (TSM) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
