With 11.27 million shares changed hands, the volume of the stock remained lighter than its average volume of 13.61 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $192.66 whereas the lowest price it dropped to was $187.535. The 52-week range on TSM shows that it touched its highest point at $212.60 and its lowest point at $95.25 during that stretch. It currently has a 1-year price target of $236.99. With its current market cap of 977.54 billion, TSM has annualized dividend of $2.19 while the current yield stands at 1.16%. Beta for the stock currently stands at 1.11.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TSM was down-trending over the past week, with a drop of -6.31%, but this was up by 0.54% over a month. Three-month performance surged to 8.00% while six-month performance rose 23.83%. The stock gained 90.58% in the past year, while it has gained 81.25% so far this year. A look at the trailing 12-month EPS for TSM yields 6.25 with Next year EPS estimates of 9.04. For the next quarter, that number is 2.18. This implies an EPS growth rate of 36.04% for this year and 29.80% for next year. EPS is expected to grow by 31.21% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 18.23%.
Float and Shares Shorts:
At present, 5.19 billion TSM shares are outstanding with a float of 5.19 billion shares on hand for trading. On 2024-10-31, short shares totaled 28.23 million, which was 54.0 higher than short shares on 1727654400. In addition to Mr. Jen-Chau Huang as the firm’s Senior VP of Finance & CFO, Mr. Y. P. Chyn serves as its Executive VP of Operations & Overseas Operations Office and Co-COO.
Institutional Ownership:
Through their ownership of 0.16377 of TSM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, TSM reported revenue of $759692000000.0 and operating income of $360766000000.0. The EBITDA in the recently reported quarter was $360766000000.0 and diluted EPS was $62.7.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TSM since 11 analysts follow the stock currently. There are 10 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TSM analysts setting a high price target of 265.0 and a low target of 180.0, the average target price over the next 12 months is 228.29668. Based on these targets, TSM could surge 40.58% to reach the target high and fall by -4.51% to reach the target low. Reaching the average price target will result in a growth of 21.11% from current levels.
Analysts have provided yearly estimates in a range of $225.23045 being high and $205.63122 being low. For TSM, this leads to a yearly average estimate of $216.23409.
