TSM: Taiwan Semiconductor Manufacturing Co Ltd Stock Price Quote New York

Taiwan Semiconductor Manufacturing Co., Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. The company was founded by Chung Mou Chang on February 21, 1987 and is headquartered in Hsinchu, Taiwan. Taiwan Semiconductor Manufacturing Co, Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. 6 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Taiwan Semiconductor Manufacturing in the last year.

For dividend growth pace I use 5-year Dividend Growth CAGR rounded down to 9%. Real-time analyst ratings, insider transactions, earnings data, and more. Taiwan Semiconductor Manufacturing has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 .

P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Earnings for Taiwan Semiconductor Manufacturing are expected to grow by 17.41% in the coming year, from $5.57 to $6.54 per share. Only 16.79% of the stock of Taiwan Semiconductor Manufacturing is held by institutions. Only 279 people have searched for TSM on MarketBeat in the last 30 days. MarketBeat has tracked 1 reddit mention for Taiwan Semiconductor Manufacturing this week, compared to 4 mentions on an average week.

Only 72 people have added Taiwan Semiconductor Manufacturing to their MarketBeat watchlist in the last 30 days. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

Taiwan Semiconductor Manufacturing MarketRank™ Forecast

Its chips are used in personal computers and peripheral products, information applications, wired and wireless communications systems… At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023.

• According to analysts’ consensus price target of $90.25, Taiwan Semiconductor Manufacturing has a forecasted upside of 4.3% from its current price of $86.54.
• The Semiconductor – Circuit Foundry was holding an average PEG ratio of 0.8 at yesterday’s closing price.
• It could mean current numbers won’t get materially worse, and chips could lead the economy out of the current downturn, just as they led it in.
• Only 1.11% of the stock of Taiwan Semiconductor Manufacturing is held by insiders.
• Brown Brothers Harriman & Co. increased its position in Taiwan Semiconductor Manufacturing by 40.1% during the first quarter.
• To challenge my calculations I also usually conduct valuation multiples analysis to the company’s historical averages.

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Price and EPS Surprise Chart

In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. A company’s financial statements are a significant factor weighted by experts when analyzing a company’s health.

Taiwan Semiconductor Manufacturing – TSM Stock Forecast, Price & News

Taiwan Semiconductor Manufacturing pays a meaningful dividend of 1.61%, higher than the bottom 25% of all stocks that pay dividends. Taiwan Semiconductor Manufacturing has only been the subject of 1 research reports in the past 90 days. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. The scores are based on the trading styles of Value, Growth, and Momentum.

The company issued revenue guidance of $16.70 billion-$17.50 billion, compared to the consensus revenue estimate of $17.71 billion. The post-pandemic bust in consumer electronics spending may be nearing its end, even if other stresses in the economy are just beginning. Investors should also note that TSM has a PEG ratio of 0.8 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. The Semiconductor – Circuit Foundry was holding an average PEG ratio of 0.8 at yesterday’s closing price.

Since then, TSM stock has increased by 16.4% and is now trading at $86.70. Among the company’s many advancements are the development of N7+ and then N5 and down to the current standard of N4. These technologies were the first commercially available extreme ultraviolet lithography processes. This technology allows for smaller circuitry https://day-trading.info/ on the microchip and increases the chip’s transistor density and overall functioning. Areas of research are centered on 4 disciplines that include Logic, Interconnect, Memory and Artificial Intelligence. Specific avenues for research include transistor structure, ferroelectrics and on and off-chip interconnect systems.

Investors might also notice recent changes to analyst estimates for TSMC. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability. In terms of earnings estimate revisions for TSMC, the Zacks Consensus Estimate for the current year has declined 0.6% over the past month to $5.57. This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock’s future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

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TSMC currently has an average brokerage recommendation of 1.71, on a scale of 1 to 5 , calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by seven brokerage firms. What I also usually do when analyzing financials is zooming out 10 years back to see how consistently did the company perform in terms of growth and margins. Based on this trend analysis, we can conclude that TSM management has track-record of delivering strong results with revenue growing at a CAGR of 13.9% and gross margin expanding sharply from 47.1% in FY 2013 to 59.6% in FY 2022. The metric I like a lot to assess how efficiently did the company experience growth is revenue per employee, which more than doubled. The company delivered an EPS beat of 7 cents per share and fell short on revenue.

16.79% of the stock is owned by hedge funds and other institutional investors. Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract associate model risk & model development global markets group iit the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price.

Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. I have no business relationship with any company whose stock is mentioned in this article. From the balance sheet perspective, TSM has a very financial position with robust liquidity ratios and debt significantly below cash balance.

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There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. So, while the global economy has thus far been resilient to the Federal Reserve’s rate hikes until now, consumer electronics have already been in their own recession for about a year now. Meanwhile, all the new PCs, smartphones, and other consumer electronics that were purchased in the pandemic may have to be refreshed soon.

Elsewhere, the Dow gained 0.12%, while the tech-heavy Nasdaq lost 1.47%. Let’s take a look at what these Wall Street heavyweights have to say about TSMC before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Measures how much net income or profit is generated as a percentage of revenue. To summarize valuation, both DDM and DCF suggest that the stock is about 25% undervalued. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. First of all, the demand for semiconductors can fluctuate significantly depending on the overall macroenvironment’s health. Swings in demand may affect the stock price, since TSM’s revenues and profitability are closely linked to the demand for semiconductors in the global market. A decline in demand for semiconductors poses a significant risk to TSM’s financial performance. Moving forward to DCF, I used available consensus forecast for the topline, which is available until FY2027, and for years beyond I used expected semiconductor market size CAGR of 12.2%, provided by Fortune Business Insights.