At the time of writing, Taiwan Semiconductor Manufacturing ADR [TSM] stock is trading at $138.84, down -0.99%. An important factor to consider is whether the stock is rising or falling in short-term value. The TSM shares have gain 2.94% over the last week, with a monthly amount glided 6.28%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Taiwan Semiconductor Manufacturing ADR [NYSE: TSM] stock has seen the most recent analyst activity on January 19, 2024, when Needham reiterated its Buy rating and also boosted its price target to $133 from $115. Previously, TD Cowen reaffirmed its Market Perform rating on January 12, 2024, and elevated its price target to $95. On October 23, 2023, Barclays initiated with a Overweight rating and assigned a price target of $105 on the stock. Susquehanna reiterated its Positive rating and increased its price target to $135 on July 14, 2023. Susquehanna upgraded its rating to a Positive but $126 remained the price target by the analyst firm on April 17, 2023. Daiwa Securities upgraded its rating to Buy for this stock on September 14, 2022. In a note dated June 22, 2022, Loop Capital initiated an Buy rating.
For the past year, the stock price of Taiwan Semiconductor Manufacturing ADR fluctuated between $81.21 and $158.40. Currently, Wall Street analysts expect the stock to reach $126 within the next 12 months. Taiwan Semiconductor Manufacturing ADR [NYSE: TSM] shares were valued at $138.84 at the most recent close of the market. An investor can expect a potential drop of -9.25% based on the average TSM price forecast.
Analyzing the TSM fundamentals
According to Taiwan Semiconductor Manufacturing ADR [NYSE:TSM], the company’s sales were 69.27B for trailing twelve months, which represents an -1.55% plunge. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.43%, Pretax Profit Margin comes in at 0.45%, and Net Profit Margin reading is 0.39%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.26 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 138.00 points at the first support level, and at 137.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 140.32, and for the 2nd resistance point, it is at 141.80.
Ratios To Look Out For
It is important to note that Taiwan Semiconductor Manufacturing ADR [NYSE:TSM] has a current ratio of 2.40. On the other hand, the Quick Ratio is 2.13, and the Cash Ratio is 1.6. Considering the valuation of this stock, the price to sales ratio is 10.40, the price to book ratio is 6.39 and price to earnings (TTM) ratio is 26.79.
