Taiwan Semiconductor Manufacturing ADR [TSM] stock prices are up 1.56% to $167.12 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TSM shares have gain 11.52% over the last week, with a monthly amount drifted -9.42%, and not 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 July 18, 2024, when TD Cowen reiterated its Hold rating and also boosted its price target to $170 from $130. Previously, Needham reaffirmed its Buy rating on July 15, 2024, and elevated its price target to $210. On April 18, 2024, TD Cowen reiterated its Hold rating and revised its price target to $130 on the stock. Daiwa Securities downgraded its rating to a Outperform. Needham reiterated its recommendation of a Buy and raised its price target to $168 on April 10, 2024. Needham reiterated a Buy rating for this stock on January 19, 2024, and upped its price target to $133. In a note dated January 12, 2024, TD Cowen reiterated an Market Perform rating on this stock and boosted its target price from $85 to $95.
The stock price of Taiwan Semiconductor Manufacturing ADR [TSM] has been fluctuating between $84.01 and $193.47 over the past year. Currently, Wall Street analysts expect the stock to reach $183.75 within the next 12 months. Taiwan Semiconductor Manufacturing ADR [NYSE: TSM] shares were valued at $167.12 at the most recent close of the market. An investor can expect a potential return of 9.95% based on the average TSM price forecast.
Analyzing the TSM fundamentals
The Taiwan Semiconductor Manufacturing ADR [NYSE:TSM] reported sales of 76.56B for trailing twelve months, representing a surge of 33.01%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.42%, Pretax Profit Margin comes in at 0.45%, and Net Profit Margin reading is 0.38%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.26 and Total Capital is 0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.
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 164.31 points at the first support level, and at 161.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 168.87, and for the 2nd resistance point, it is at 170.61.
Ratios To Look Out For
It’s worth pointing out that Taiwan Semiconductor Manufacturing ADR [NYSE:TSM]’s Current Ratio is 2.47. In addition, the Quick Ratio stands at 2.21 and the Cash Ratio stands at 1.72. Considering the valuation of this stock, the price to sales ratio is 11.32, the price to book ratio is 7.63 and price to earnings (TTM) ratio is 29.90.
