The stock of Taiwan Semiconductor Manufacturing ADR (NYSE:TSM) last traded at $194.40, up 5.27% from the previous session.
TSM stock price is now 2.62% away from the 50-day moving average and 18.56% away from the 200-day moving average. The market capitalization of the company currently stands at $1008.14B.
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With the price target enhanced from $130 to $170, TD Cowen maintained Hold rating for Taiwan Semiconductor Manufacturing ADR (NYSE: TSM). On July 15, 2024, Needham reiterated its ‘Buy’ rating on the stock by increasing its target price from $168 to quote $210, while ‘TD Cowen’ rates the stock as ‘Hold’
A total of 0.14% of the company’s stock is owned by insiders.
During the past 12 months, Taiwan Semiconductor Manufacturing ADR has had a low of $95.25 and a high of $212.60. As of last week, the company has a debt-to-equity ratio of 0.26, a current ratio of 2.57, and a quick ratio of 2.30. According to the stock market information, the enterprise value for the company is $3873215086592, which is based on a 31.13 price-to-earnings ratio, a 1.00 price-to-earnings-growth ratio, and a beta of 1.10. The fifty day moving average price for TSM is $189.0328 and a two-hundred day moving average price translates $163.6447 for the stock.
The latest earnings results from Taiwan Semiconductor Manufacturing ADR (NYSE: TSM) was released for 2024-09-30. The net profit margin was 39.11% and return on equity was 28.19% for TSM. The company reported revenue of $23.55 billion for the quarter, compared to $17.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.31 percent.
