Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) currently has a daily average trading volume of 16.97M but it saw 14624606 shares traded in last market. With a market cap of 1022.40B USD, the company’s current market price of $197.15 came rising about 0.51 while comparing to the previous closing price of $196.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $226.40 and as low as $133.57.
Needham issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $168 and $210.
Over the week, TSM’s stock price is moving 2.81% up while it is 19.86% when we observe its performance for the past one month. Year-to-date it is -0.17% down and over the past year, the stock is showing an upside performance of 23.22%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 2.23 while estimate for next year EPS is 9.31. In next quarter, company is expected to be making quarterly sales of $956.81B as analysts are expecting the sales for current fiscal year at $3.68T and seeing the company making $4.29T in sales next year. Moreover, analysts are in estimates of $928B for current-quarter revenue.
Currently, Taiwan Semiconductor Manufacturing ADR’s total number of outstanding shares is 5.19B with 0.04% of that held by the insiders while 16.39% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 23.98% and return on equity (ROE) at 32.11%. It has a price to earnings ratio (P/E ratio) of 25.37 while having a 18.25 of forward P/E ratio. Stock’s beta reads 1.28. Stock has a price to book (P/B) ratio of 7.38 while price to sale or P/S ratio amounts to 10.57. Its return on asset (ROA) is 20.37% on average.
