Let’s look at the key reasons that are pushing Taiwan Semiconductor Manufacturing ADR (TSM) to new highs

KHC Stock

A new trading day began on Monday, with Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) stock price up 0.79% from the previous day of trading, before settling in for the closing price of $186.01. TSM’s price has ranged from $95.25 to $212.60 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Technology Sector giant saw their annual sales surged by 16.50% over the last five years. Meanwhile, its annual earnings per share averaged 36.02%. With a float of $5.19 billion, this company’s outstanding shares have now reached $5.19 billion.

The firm has a total of 76478 workers. Let’s measure their productivity. In terms of profitability, gross margin is 54.45%, operating margin of 43.67%, and the pretax margin is 46.47%.

Taiwan Semiconductor Manufacturing ADR (TSM) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of Taiwan Semiconductor Manufacturing ADR is 0.02%, while institutional ownership is 16.52%.

Taiwan Semiconductor Manufacturing ADR (TSM) Recent Fiscal highlights

In its latest quarterly report, released on 9/30/2024, the company reported earnings of 1.44 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.91 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 36.02% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.21% during the next five years compared to 18.23% growth over the previous five years of trading.

Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) Trading Performance Indicators

Here are Taiwan Semiconductor Manufacturing ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.74. Likewise, its price to free cash flow for the trailing twelve months is 32.21.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.25, a number that is poised to hit 2.18 in the next quarter and is forecasted to reach 9.03 in one year’s time.

Technical Analysis of Taiwan Semiconductor Manufacturing ADR (TSM)

Analysing the last 5-days average volume posted by the [Taiwan Semiconductor Manufacturing ADR, TSM], we can find that recorded value of 11.54 million was lower than the volume posted last year of 15.41 million. As of the previous 9 days, the stock’s Stochastic %D was 10.90%. Additionally, its Average True Range was 6.16.

During the past 100 days, Taiwan Semiconductor Manufacturing ADR’s (TSM) raw stochastic average was set at 68.21%, which indicates a significant increase from 17.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.10% in the past 14 days, which was lower than the 44.93% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $186.28, while its 200-day Moving Average is $161.26. Now, the first resistance to watch is $189.16. This is followed by the second major resistance level at $190.83. The third major resistance level sits at $193.67. If the price goes on to break the first support level at $184.65, it is likely to go to the next support level at $181.81. Now, if the price goes above the second support level, the third support stands at $180.14.

Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) Key Stats

With a market capitalization of 972.25 billion, the company has a total of 5,186,414K Shares Outstanding. Currently, annual sales are 70,599 M while annual income is 27,817 M. The company’s previous quarter sales were 23,504 M while its latest quarter income was 10,063 M.