Taiwan Semiconductor Manufacturing Company Limited (TSM) went down -0.34% yesterday: Is this the Most Sought-After Stock Today?

Witnessing the stock’s movement on the chart, on May 24, 2023, Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) had a quiet start as it plunged -0.34% to $90.13. During the day, the stock rose to $90.15 and sunk to $89.18 before settling in for the price of $90.44 at the close. Taking a more long-term approach, TSM posted a 52-week range of $59.43-$98.99.

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It was noted that the giant of the Technology sector posted annual sales growth of 18.30% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 24.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 70.40%. This publicly-traded company’s shares outstanding now amounts to $5.19 billion, simultaneously with a float of $4.86 billion. The organization now has a market capitalization sitting at $434.84 billion. At the time of writing, stock’s 50-day Moving Average stood at $88.16, while the 200-day Moving Average is $82.21.

It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 52045 workers. For the Profitability, stocks gross margin was +58.17, operating margin was +49.54 and Pretax Margin of +50.20.

Taiwan Semiconductor Manufacturing Company Limited (TSM) Earnings and Revenue Records

As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported $1.31 earnings per share (EPS) for the period topping the consensus outlook (set at $1.2) by $0.11. This company achieved a net margin of +44.90 while generating a return on equity of 39.76. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.21 per share during the current fiscal year.

Taiwan Semiconductor Manufacturing Company Limited’s EPS increase for this current 12-month fiscal period is 70.40% and is forecasted to reach 6.38 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 21.50% through the next 5 years, which can be compared against the 24.30% growth it accomplished over the previous five years trading on the market.

Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) Trading Performance Indicators

Let’s observe the current performance indicators for Taiwan Semiconductor Manufacturing Company Limited (TSM). It’s Quick Ratio in the last reported quarter now stands at 2.00. The Stock has managed to achieve an average true range (ATR) of 1.88. Alongside those numbers, its PE Ratio stands at $14.07, and its Beta score is 1.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.86.

In the same vein, TSM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.41, a figure that is expected to reach 1.07 in the next quarter, and analysts are predicting that it will be 6.38 at the market close of one year from today.

Technical Analysis of Taiwan Semiconductor Manufacturing Company Limited (TSM)

Going through the that latest performance of [Taiwan Semiconductor Manufacturing Company Limited, TSM]. Its last 5-days volume of 10.11 million was inferior to the volume of 11.83 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 75.35% While, its Average True Range was 1.83.

Raw Stochastic average of Taiwan Semiconductor Manufacturing Company Limited (TSM) in the period of the previous 100 days is set at 65.04%, which indicates a major fall in contrast to 69.93% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 29.34% that was lower than 31.66% volatility it exhibited in the past 100-days period.