Market Analysts see Taiwan Semiconductor Manufacturing Company Limited [TSM] gaining to $130. Time to buy?

Taiwan Semiconductor Manufacturing Company Limited [NYSE: TSM] plunged by -$4.52 during the normal trading session on Monday and reaching a high of $115.38 during the day while it closed the day at $112.31. The company report on April 16, 2021 that TSMC Files Annual Report on Form 20-F for 2020.

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TSMC (TWSE: 2330, NYSE: TSM) filed its 2020 annual report on Form 20-F with the U.S. Securities and Exchange Commission.

The report is available at https://investor.tsmc.com/english/sec-filings. Hard copies of the report are also available, free of charge, upon email request to g_sec@tsmc.com.

Taiwan Semiconductor Manufacturing Company Limited stock has also loss -3.13% of its value over the past 7 days. However, TSM stock has declined by -15.27% in the 3 months of the year. Over the past six months meanwhile, it has gained 24.20% and gained 3.00% year-on date.

The market cap for TSM stock reached $523.52 billion, with 5.19 billion shares outstanding and 4.86 billion shares in the current float. Compared to the average trading volume of 11.58M shares, TSM reached a trading volume of 12223739 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Taiwan Semiconductor Manufacturing Company Limited [TSM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TSM shares is $135.22 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TSM stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Atlantic Equities have made an estimate for Taiwan Semiconductor Manufacturing Company Limited shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 12, 2021. The new note on the price target was released on January 12, 2021, representing the official price target for Taiwan Semiconductor Manufacturing Company Limited stock.

The Average True Range (ATR) for Taiwan Semiconductor Manufacturing Company Limited is set at 3.07, with the Price to Sales ratio for TSM stock in the period of the last 12 months amounting to 10.52. The Price to Book ratio for the last quarter was 8.80, with the Price to Cash per share for the same quarter was set at 6.14.

TSM stock trade performance evaluation

Taiwan Semiconductor Manufacturing Company Limited [TSM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.13. With this latest performance, TSM shares dropped by -8.54% in over the last four-week period, additionally plugging by 24.20% over the last 6 months – not to mention a rise of 112.27% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TSM stock in for the last two-week period is set at 38.54, with the RSI for the last a single of trading hit 32.35, and the three-weeks RSI is set at 42.06 for Taiwan Semiconductor Manufacturing Company Limited [TSM]. The present Moving Average for the last 50 days of trading for this stock 118.19, while it was recorded at 115.38 for the last single week of trading, and 103.35 for the last 200 days.

Taiwan Semiconductor Manufacturing Company Limited [TSM]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Taiwan Semiconductor Manufacturing Company Limited [TSM] shares currently have an operating margin of +42.27 and a Gross Margin at +51.04. Taiwan Semiconductor Manufacturing Company Limited’s Net Margin is presently recorded at +38.67.

Return on Total Capital for TSM is now 28.06, given the latest momentum, and Return on Invested Capital for the company is 27.34. Return on Equity for this stock inclined to 29.84, with Return on Assets sitting at 20.61. When it comes to the capital structure of this company, Taiwan Semiconductor Manufacturing Company Limited [TSM] has a Total Debt to Total Equity ratio set at 19.98. Additionally, TSM Total Debt to Total Capital is recorded at 16.65, with Total Debt to Total Assets ending up at 13.39. Long-Term Debt to Equity for the company is recorded at 14.96, with the Long-Term Debt to Total Capital now at 12.47.

Reflecting on the efficiency of the workforce at the company, Taiwan Semiconductor Manufacturing Company Limited [TSM] managed to generate an average of $9,112,727 per employee. Receivables Turnover for the company is 9.37 with a Total Asset Turnover recorded at a value of 0.53.Taiwan Semiconductor Manufacturing Company Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.80.

Earnings per share (EPS) analysis for Taiwan Semiconductor Manufacturing Company Limited [TSM] stock

With the latest financial reports released by the company, Taiwan Semiconductor Manufacturing Company Limited posted 0.78/share EPS, while the average EPS was predicted by analysts to be reported at 0.77/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TSM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Taiwan Semiconductor Manufacturing Company Limited go to 15.90%.

Taiwan Semiconductor Manufacturing Company Limited [TSM]: Insider Ownership positions

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Positions in Taiwan Semiconductor Manufacturing Company Limited stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 665 institutional holders increased their position in Taiwan Semiconductor Manufacturing Company Limited [NYSE:TSM] by around 81,260,270 shares. Additionally, 554 investors decreased positions by around 84,682,908 shares, while 145 investors held positions by with 782,284,100 shares. The mentioned changes placed institutional holdings at 948,227,278 shares, according to the latest SEC report filing. TSM stock had 208 new institutional investments in for a total of 27,119,555 shares, while 91 institutional investors sold positions of 5,130,083 shares during the same period.

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