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Tuesday, January 31, 2023

Is Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Taiwan Semiconductor Manufacturing Company Limited (TSM) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.25, or -0.29%, to $86.75. The Taiwan Semiconductor Manufacturing Company Limited has recorded 1,316,718 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted TSMC Launches OIP 3DFabric Alliance to Shape the Future of Semiconductor and System Innovations.


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Stocks Info

This NYSE-listed company operates within the Semiconductors industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $87.00 and fluctuated between $88.83 as its day high and $84.42 as its day low. The current market capitalization of Taiwan Semiconductor Manufacturing Company Limited is $431.90B. A total of 36.05 million shares were traded on the day, compared to an average of 14.94M shares.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Taiwan Semiconductor Manufacturing Company Limited pays an annual dividend of $1.78, resulting in a dividend yield of 2.04%, and it has a price to earnings (P/E) ratio of 15.62. TSM’s most recent ex-dividend date was 3/16/2023 when it declared a $0.3392 quarterly dividend that was paid in cash on 4/13/2023. Previously, the company paid the dividend on 1/12/2023 with an ex-dividend date of 12/15/2022. The TSM stock dividend was $0.4580 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for TSM in the last 3 months, the mean price target is $145.64 with high estimates of $580.00 and low estimates of $60.00. In terms of 52-week highs and lows, TSM has a high of $145.00 and a low of $59.43.

As of this writing, TSM has an earnings estimate of $1.48 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $1.8 per share and a lower estimate of $0.34. The company reported an EPS of $1.55 in the last quarter, which was 2.60% higher than expectations of $1.51.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 39 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TSM is Sell with a score of 4.43. A total of 30 analysts rated the stock as Buy while 5 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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