NYSE:TSM

Taiwan Semiconductor Manufacturing - TSM Stock Forecast, Price & News

$89.27

+0.07 (+0.08%)

(As of 08/18/2022 12:00 AM ET)

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Today's Range: $88.42
▼
$89.67
50-Day Range: $75.56
▼
$91.57
52-Week Range: $73.74
▼
$145.00

Volume: 9.63 million shs
Average Volume: 11.85 million shs
Market Capitalization: N/A

P/E Ratio: 17.23
Dividend Yield: 1.64%
Price Target: $120.14

Taiwan Semiconductor Manufacturing MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 34.6% 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: -0.53
Based on 8 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.

2.56 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 34.6% from its current price of $89.27.
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 1.64%, 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.

1.4

News and Social Media Coverage

News Sentiment
Taiwan Semiconductor Manufacturing has a news sentiment score of -0.53. 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 0.51 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Taiwan Semiconductor Manufacturing this week, compared to 6 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 4 reddit mentions for Taiwan Semiconductor Manufacturing this week, compared to 10 mentions on an average week.
Search Interest
Only 114 people have searched for TSM on MarketBeat in the last 30 days. This is a decrease of -2% compared to the previous 30 days.
MarketBeat Follows
90 people have added Taiwan Semiconductor Manufacturing to their MarketBeat watchlist in the last 30 days. This is an increase of 48% 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.

3.1

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 17.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Taiwan Semiconductor Manufacturing is 17.23, 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 348.80.
Price to Earnings Growth Ratio
Taiwan Semiconductor Manufacturing has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Taiwan Semiconductor Manufacturing has a P/B Ratio of 7.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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.

Wall Street Analysts Forecast Growth

TSM has been the topic of a number of recent research reports. 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. Susquehanna decreased their target price on shares of Taiwan Semiconductor Manufacturing from $90.00 to $88.00 and set a "neutral" rating on the stock in a report on Thursday, July 14th. Cowen set a $100.00 price target on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, July 19th. Finally, Loop Capital assumed coverage on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, June 21st. They set a "buy" rating for the company. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $120.14.

Taiwan Semiconductor Manufacturing Stock Up 0.4 %

TSM traded up $0.34 during trading on Thursday, reaching $89.54. The stock had a trading volume of 355,709 shares, compared to its average volume of 11,982,466. Taiwan Semiconductor Manufacturing has a one year low of $73.74 and a one year high of $145.00. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.25 and a quick ratio of 1.85. The stock's 50 day moving average is $85.32 and its two-hundred day moving average is $96.87.

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Rating) last issued its quarterly earnings results on Thursday, July 14th. The semiconductor company reported $1.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.50 by $0.05. The company had revenue of $18.16 billion during 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 33.56%. On average, analysts expect that Taiwan Semiconductor Manufacturing will post 6.3 EPS for the current fiscal year.

Taiwan Semiconductor Manufacturing Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 12th. Shareholders of record on Friday, December 16th will be paid a dividend of $0.458 per share. This represents a $1.83 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Thursday, December 15th. Taiwan Semiconductor Manufacturing's payout ratio is 28.19%.

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