NYSE:TSM

Taiwan Semiconductor Manufacturing - TSM Stock Forecast, Price & News

$89.20

-0.75 (-0.83%)

(As of 08/17/2022 05:40 PM ET)

Add

Compare

Today's Range: $88.48
▼
$89.77
50-Day Range: $75.56
▼
$93.47
52-Week Range: $73.74
▼
$145.00

Volume: 9.09 million shs
Average Volume: 12.52 million shs
Market Capitalization: $462.60 billion

P/E Ratio: 17.22
Dividend Yield: 1.62%
Price Target: $120.14

Taiwan Semiconductor Manufacturing MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 34.3% Upside
$120.14 Price Target
Short Interest: Healthy
0.50% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.10
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 3.49%
From $6.30 to $6.52 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Taiwan Semiconductor Manufacturing has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $120.14, Taiwan Semiconductor Manufacturing has a forecasted upside of 34.3% from its current price of $89.43.
Amount of Analyst Coverage
Taiwan Semiconductor Manufacturing has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.50% of the float of Taiwan Semiconductor Manufacturing has been sold short.
Short Interest Ratio / Days to Cover
Taiwan Semiconductor Manufacturing has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Taiwan Semiconductor Manufacturing has recently increased by 20.51%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Taiwan Semiconductor Manufacturing pays a meaningful dividend of 1.59%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Taiwan Semiconductor Manufacturing does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Taiwan Semiconductor Manufacturing is 28.19%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Taiwan Semiconductor Manufacturing will have a dividend payout ratio of 22.39% next year. This indicates that Taiwan Semiconductor Manufacturing will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TSM.

1.6

News and Social Media Coverage

News Sentiment
Taiwan Semiconductor Manufacturing has a news sentiment score of -0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Taiwan Semiconductor Manufacturing this week, compared to 6 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 2 reddit mentions for Taiwan Semiconductor Manufacturing this week, compared to 10 mentions on an average week.
Search Interest
Only 111 people have searched for TSM on MarketBeat in the last 30 days. This is a decrease of -3% compared to the previous 30 days.
MarketBeat Follows
96 people have added Taiwan Semiconductor Manufacturing to their MarketBeat watchlist in the last 30 days. This is an increase of 52% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Taiwan Semiconductor Manufacturing insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.11% of the stock of Taiwan Semiconductor Manufacturing is held by insiders.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Taiwan Semiconductor Manufacturing are expected to grow by 3.49% in the coming year, from $6.30 to $6.52 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Taiwan Semiconductor Manufacturing is 17.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of Taiwan Semiconductor Manufacturing is 17.26, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 385.43.
Price to Book Value per Share Ratio
Taiwan Semiconductor Manufacturing has a P/B Ratio of 7.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Taiwan Semiconductor Manufacturing (NYSE:TSM) Stock

Taiwan Semiconductor Manufacturing Company Limited manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides complementary metal oxide silicon wafer fabrication processes to manufacture logic, mixed-signal, radio frequency, and embedded memory semiconductors. The company also offers customer support, account management, and engineering services, as well as manufactures masks. Its products are used in mobile devices, high performance computing, automotive electronics, and internet of things markets. The company was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.

Taiwan Semiconductor Manufacturing Price Performance

Shares of TSM traded down $1.62 during trading hours on Tuesday, reaching $89.95. 10,556,451 shares of the stock traded hands, compared to its average volume of 12,546,389. The company has a current ratio of 2.09, a quick ratio of 1.85 and a debt-to-equity ratio of 0.28. Taiwan Semiconductor Manufacturing has a 52-week low of $73.74 and a 52-week high of $145.00. The company's 50-day moving average price is $85.48 and its two-hundred day moving average price is $96.97. The company has a market cap of $466.49 billion, a P/E ratio of 17.68 and a beta of 0.98.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Rating) last released its earnings results on Thursday, July 14th. The semiconductor company reported $1.55 earnings per share for the quarter, beating analysts' consensus estimates of $1.50 by $0.05. The company had revenue of $18.16 billion for the quarter, compared to analysts' expectations of $18.68 billion. Taiwan Semiconductor Manufacturing had a net margin of 40.53% and a return on equity of 34.31%. On average, analysts anticipate that Taiwan Semiconductor Manufacturing will post 6.3 earnings per share for the current year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 12th. Shareholders of record on Friday, December 16th will be issued a $0.458 dividend. The ex-dividend date of this dividend is Thursday, December 15th. This represents a $1.83 dividend on an annualized basis and a yield of 2.04%. Taiwan Semiconductor Manufacturing's dividend payout ratio is currently 28.19%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Cowen set a $100.00 price target on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, July 19th. Susquehanna Bancshares dropped their price target on shares of Taiwan Semiconductor Manufacturing from $90.00 to $88.00 and set a "neutral" rating on the stock in a research note on Thursday, July 14th. Loop Capital assumed coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Tuesday, June 21st. They set a "buy" rating on the stock. Finally, Susquehanna dropped their price target on shares of Taiwan Semiconductor Manufacturing from $90.00 to $88.00 and set a "neutral" rating on the stock in a research note on Thursday, July 14th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $120.14.

Receive TSM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Taiwan Semiconductor Manufacturing and its competitors with MarketBeat's FREE daily newsletter.

TSM Stock News Headlines

August 10, 2022 | marketbeat.com

3 Stable Growth Stocks for Bumpy Times (TSM)

Let’s look at a few of the companies with the most stable growth profiles in the energy, materials, and technology sectors respectively.

August 2, 2022 | marketbeat.com

Diversified onsemi Is Outperforming The Semiconductor Index (TSM)

onsemi is outperforming the semiconductor industry and will continue to do so as its refocusing strategy gains momentum and drives results.

August 17, 2022 | Investing Daily (Ad)

27 U.S. Cities Where Stocks Yield 26% a Year

What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate.