Will Taiwan Semiconductor Manufacturing ADR (TSM) meet earnings estimates this quarter?

Taiwan Semiconductor Manufacturing ADR (TSM)’s stock has witnessed a price declined of -0.10% from the previous close with its current price standing at $191.05. Its current price is -10.13% under its 52-week high of $212.60 and 100.58% more than its 52-week low of $95.25. Based on the past 30-day period, the stock price is -7.82% below the high and +3.80% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, TSM’s SMA-200 is $162.57.

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Additionally, it is important to take into account TSM stock ratios, including its price-to-sales ratio, which is 11.96 for the last tewlve months.Likewise, its price to free cash flow for the last twelve months stands at 32.83. TSM’s price to book ratio for the most recent quarter was 7.86, resulting in an 14.46 price to cash per share for the period.

How does Taiwan Semiconductor Manufacturing ADR (TSM) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 10 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.60 in simple terms.

Taiwan Semiconductor Manufacturing ADR (TSM): Earnings History

Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 3 different analysts, who are expecting earnings to fall in between the range of 2.20 and 2.11 with an average Earnings Estimate of 2.14 which is in contrast with the last year earnings estimate of 1.44 and also replicates 48.61% growth rate year over year.

Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) Ownership Details

I will give a breakdown of the key shareholders in Taiwan Semiconductor Manufacturing ADR (TSM). Recent figures show that the company’s insiders hold 0.00% of shares. A total of 3,001 institutional investors hold shares in the company, making 16.39% of its stock and 16.39% of its float.

Sep 30, 2024, it was reported that the Company’s largest institutional holder is FMR, LLC holding total of 55.97 shares that make 1.08% of the company’s total number of shares and are currently priced at 10.69 billion.

The securities firm Sanders Capital, LLC holds 41.65 shares of TSM, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.80%, and the holding percentage of shares is valued at 7.95 billion.

An overview of Taiwan Semiconductor Manufacturing ADR’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Taiwan Semiconductor Manufacturing ADR (TSM) traded 12,683,013 shares per day, with a moving average of $192.34 and price change of -12.98. With the moving average of $187.94 and a price change of +17.96, about 13,860,389 shares changed hands on average over the past 50 days. Finally, TSM’s 100-day average volume is 15,696,713 shares, alongside a moving average of $178.41 and a price change of +7.97.

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