Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) kicked off on August 04, 2022, at the price of $87.00, up 2.21% from the previous trading day. During the day, the shares moved up to $88.42 and dropped to $86.62 before settling in for the closing price of $86.51. Over the past 52 weeks, TSM has traded in a range of $73.74-$145.00.
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Annual sales at Technology sector company grew by 10.90% over the past five years. While this was happening, its average annual earnings per share was recorded 15.20%. With a float of $4.86 billion, this company’s outstanding shares have now reached $5.19 billion.
Let’s look at the performance matrix of the company that is accounted for 52045 employees. In terms of profitability, gross margin is +49.69, operating margin of +40.96, and the pretax margin is +41.42.
Taiwan Semiconductor Manufacturing Company Limited (TSM) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of Taiwan Semiconductor Manufacturing Company Limited is 0.04%, while institutional ownership is 17.40%.
Taiwan Semiconductor Manufacturing Company Limited (TSM) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/29/2022, the organization reported $1.55 earnings per share (EPS), higher than consensus estimate (set at $1.51) by $0.04. This company achieved a net margin of +37.58 while generating a return on equity of 29.69. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.20% during the next five years compared to 12.30% growth over the previous five years of trading.
Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) Trading Performance Indicators
Take a look at Taiwan Semiconductor Manufacturing Company Limited’s (TSM) current performance indicators. Last quarter, stock had a quick ratio of 1.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.91. Likewise, its price to free cash flow for the trailing twelve months is 1808.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.92, a number that is poised to hit 1.72 in the next quarter and is forecasted to reach 6.29 in one year’s time.
Technical Analysis of Taiwan Semiconductor Manufacturing Company Limited (TSM)
Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) saw its 5-day average volume 16.05 million, a positive change from its year-to-date volume of 12.56 million. As of the previous 9 days, the stock’s Stochastic %D was 58.68%. Additionally, its Average True Range was 2.61.
During the past 100 days, Taiwan Semiconductor Manufacturing Company Limited’s (TSM) raw stochastic average was set at 40.76%, which indicates a significant decrease from 86.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.18% in the past 14 days, which was lower than the 37.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $86.51, while its 200-day Moving Average is $105.80. Nevertheless, the first resistance level for the watch stands at $89.02 in the near term. At $89.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $90.82. If the price goes on to break the first support level at $87.22, it is likely to go to the next support level at $86.02. Assuming the price breaks the second support level, the third support level stands at $85.42.
Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) Key Stats
The company with the Market Capitalisation of 434.32 billion has total of 5,186,080K Shares Outstanding. Its annual sales at the moment are 57,225 M in contrast with the sum of 21,354 M annual income. Company’s last quarter sales were recorded 18,158 M and last quarter income was 8,057 M.