After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Taiwan Semiconductor Manufacturing Company Limited (TSM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.46, or 0.52%, to $88.20. The Taiwan Semiconductor Manufacturing Company Limited has recorded 986,583 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that TSMC Launches OIP 3DFabric Alliance to Shape the Future of Semiconductor and System Innovations.
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TSM belongs to the Technology sector of the NYSE while operating in the Semiconductors industry. At the end of the last regular session, the stock closed at $87.74 and fluctuated between $89.00 as its day high and $86.31 as its day low. The current market capitalization of Taiwan Semiconductor Manufacturing Company Limited is $442.89B. A total of 11.84 million shares were traded on the day, compared to an average of 13.56M shares.
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Taiwan Semiconductor Manufacturing Company Limited pays an annual dividend of $2.27, resulting in a dividend yield of 2.58%, and it has a price to earnings (P/E) ratio of 13.80. TSM’s most recent ex-dividend date was 6/15/2023 when it declared a $0.3597 quarterly dividend that was paid in cash on 7/13/2023. Previously, the company paid the dividend on 4/13/2023 with an ex-dividend date of 3/16/2023. The TSM stock dividend was $0.3392 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for TSM in the last 3 months, the mean price target is $160.72 with high estimates of $580.00 and low estimates of $75.00. In terms of 52-week highs and lows, TSM has a high of $109.75 and a low of $59.43.
As of this writing, TSM has an earnings estimate of $1.22 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $1.26 per share and a lower estimate of $1.18. The company reported an EPS of $1.79 in the last quarter, which was 5.90% higher than expectations of $1.69.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.
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. Currently, 38 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 4.33. A total of 31 analysts rated the stock as Buy while 4 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.