Currently, there are 5.19B common shares owned by the public and among those 5.18B shares have been available to trade.
The company’s stock has a 5-day price change of 0.40% and -29.35% over the past three months. TSM shares are trading -23.17% year to date (YTD), with the 12-month market performance up to 8.54% higher. It has a 12-month low price of $125.78 and touched a high of $226.40 over the same period. TSM has an average intraday trading volume of 18.56 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.93%, -14.43%, and -17.52% respectively.
Institutional ownership of Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) shares accounts for 16.58% of the company’s 5.19B shares outstanding.
It has a market capitalization of $786.91B and a beta (3y monthly) value of 1.23. The stock’s trailing 12-month PE ratio is 19.53, while the earnings-per-share (ttm) stands at $7.77. The company has a PEG of 0.89 and a Quick Ratio of 2.18 with the debt-to-equity ratio at 0.22. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.97% over the week and 4.59% over the month.
Earnings per share for the fiscal year are expected to increase by 33.51%, and 17.13% over the next financial year. EPS should shrink at an annualized rate of 21.94% over the next five years, compared to 26.75% over the past 5-year period.
TD Cowen coverage for the Taiwan Semiconductor Manufacturing ADR (TSM) stock in a research note released on July 18, 2024 offered a Hold rating with a price target of $170. Needham was of a view on July 15, 2024 that the stock is Buy, while TD Cowen gave the stock Hold rating on April 18, 2024, issuing a price target of $100- $130. Daiwa Securities on their part issued Outperform rating on April 18, 2024.
