To The Moon

The stock of $Taiwan Semiconductor Manufacturing(TSM)$ decreased by -$2.91 on Monday to finish at $93.33, down -3.02 percent. The last five days have seen an average of 8,985,351 shares of common stock traded. 3 times new highs were reached in the current year, with a fall of -$26.29. The average number of shares traded over the last 20 days was 11,991,383, while the average volume over the last 50 days totaled 13,234,847.

TSM stock dropped -10.82% since last month. On 04/26/22, the company’s shares reached a one-month low of $93.91. The stock touched a high of $145.00 on 01/13/22, after rallying from a low of $94.45 in 52 weeks. The price of TSM stock has declined by -20.01% or -$26.29 this year, reaching a new high 3 times. Still, the stock price is down -35.63% from the 52-week high.

Valuation Metrics

Taiwan Semiconductor Manufacturing Company Limited (TSM) has a trailing price-to-earnings (P/E) ratio of 22.15. Beta for the stock is 0.92. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 8.59, the price-to-book (PB) ratio of 6.74, and the price-to-cash flow ratio of 355.35.

Company paid $0.3897 per share in dividends, a decrease of -0.36% from $0.3911 last year. A $0.0014 dividend decrease was reported on Wednesday February 16 2022.

Financial Health

For the three months ended March 30, Taiwan Semiconductor Manufacturing Company Limited’s quick ratio was 1.90, while its current ratio was 2.20, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending March 30 is 0.29, and the total debt to equity ratio is 0.35. As far as profitability goes, gross margin for the trailing twelve months is 52.60% percent. Taiwan Semiconductor Manufacturing Company Limited’s operating margin stood at 36.40% for the same period. Based on annual data, it had gross profit of $29.54 billion and revenue of $57.22 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. TSM’s return on assets (ROA) during the last 12 months has been 17.50%. There was a 20.00% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 28.00%. ROE has averaged 11.33 in the past year for the broader industry.

Earnings Surprise

According to Taiwan Semiconductor Manufacturing Company Limited’s quarterly financial report for the quarter that ended March 30. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $57.22 billion, while revenues rose by 16.65% to $0.0. It was predicted that Taiwan Semiconductor Manufacturing Company Limited’s quarterly earnings would be $1.39, but it ended up being $1.33, beating the consensus by 4.50%. EBITDA was $10.75 billion for the quarter. At the end of Taiwan Semiconductor Manufacturing Company Limited’s most recent quarter ended March 30, its liabilities totaled 56.73 billion, while its total debt was $755.82 billion.

Technical Picture

Here’s a quick look at Taiwan Semiconductor Manufacturing Company Limited’s (TSM) price momentum from a technical perspective. As of 25 April, the RSI 9-day stood at 28.96%, suggesting the stock is oversold, with a 32.34% historical volatility rate.

The stochastic %K and %D were 7.25% and 9.20% respectively, while the average true range (ATR) was 2.72. Based on the 14-day stochastic reading of 0.99%, the RSI (14) reading is 33.01%. On the 9-day MACD Oscillator, the stock is at -2.54, and the 14-day reading is at -3.02.

Analyst Ratings

In its most recent analyst report, Morgan Stanley raised its rating on Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) to an Overweight. Prior to this, analysts firm rated the stock as an Equal-weight. Analysts have assigned Taiwan Semiconductor Manufacturing Company Limited (TSM) an Buy rating. TSM is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 7 rates it overweight and 29 others recommend it as a buy.

What is TSM’s price target for the next 12 months?

The current consensus forecast for the stock is between $116.00 and $160.00, with a median target price of $154.00. In analyzing these forecasts, the average price target given by analysts for Taiwan Semiconductor Manufacturing Company Limited (TSM) is $147.58.

source: fostersleader