TSMC (TSM) Stock Falls Amid Market Uptick: What Investors Need to Know

Company Performance - TSMC closed at $190.08, reflecting a -0.61% change from the previous day, underperforming the S&P 500 which gained 0.35% [1] - Over the past month, TSMC shares have decreased by 3.38%, while the Computer and Technology sector gained 0.56% and the S&P 500 increased by 1.69% [1] Upcoming Financial Results - TSMC is expected to report an EPS of $2.14, representing a 48.61% increase from the same quarter last year [2] - The projected revenue for TSMC is $25.96 billion, which is a 32.27% increase year-over-year [2] Full Year Projections - For the full year, earnings are projected at $6.95 per share, a 34.17% increase from the previous year, with revenue expected to reach $88.39 billion, up 27.55% [3] - Changes in analyst estimates for TSMC are important as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [3] Zacks Rank and Valuation - TSMC currently holds a Zacks Rank of 1 (Strong Buy), with a history of outperforming the market, as 1 stocks have returned an average annual gain of +25% since 1988 [5] - The Zacks Consensus EPS estimate has increased by 2.99% over the last 30 days [5] - TSMC has a Forward P/E ratio of 27.52, which is in line with the industry average [6] Industry Metrics - TSMC has a PEG ratio of 0.88, matching the average PEG ratio for the Semiconductor - Circuit Foundry industry [7] - The Semiconductor - Circuit Foundry industry is ranked 1 in the Zacks Industry Rank, placing it in the top 1% of over 250 industries [8]