Taiwan Semiconductor Manufacturing ADR (TSM) is expected to grow earnings and revenues in the years ahead

At the time of writing, Taiwan Semiconductor Manufacturing ADR [TSM] stock is trading at $142.52, down -3.18%. An important factor to consider is whether the stock is rising or falling in short-term value. The TSM shares have gain 0.82% over the last week, with a monthly amount glided 0.27%, 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 April 10, 2024, when Needham reiterated its Buy rating and also boosted its price target to $168 from $133. Previously, Needham reaffirmed its Buy rating on January 19, 2024, and elevated its price target to $133. On January 12, 2024, TD Cowen reiterated its Market Perform rating and revised its price target to $95 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $105 on October 23, 2023. Susquehanna reiterated its recommendation of a Positive and raised its price target to $135 on July 14, 2023. Susquehanna upgraded its rating to Positive for this stock on April 17, 2023, but kept the price target unchanged to $126. In a note dated September 14, 2022, Daiwa Securities upgraded an Buy rating on this stock.

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 $157.67 within the next 12 months. Taiwan Semiconductor Manufacturing ADR [NYSE: TSM] shares were valued at $142.52 at the most recent close of the market. An investor can expect a potential return of 10.63% based on the average TSM price forecast.

Analyzing the TSM fundamentals

According to Taiwan Semiconductor Manufacturing ADR [NYSE:TSM], the company’s sales were 71.39B for trailing twelve months, which represents an 12.69% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.27.

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 140.94 points at the first support level, and at 139.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 145.30, and for the 2nd resistance point, it is at 148.09.

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 10.36, the price to book ratio is 6.56 and price to earnings (TTM) ratio is 27.50.

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