TSMC (TSM) Declines More Than Market: Some Information for Investors

Group 1 - TSMC's stock closed at $196.14, reflecting a decrease of -0.78% from the previous day, underperforming compared to the S&P 500, Dow, and Nasdaq indices [1] - Over the last month, TSMC's shares have increased by 20.18%, outperforming the Computer and Technology sector's gain of 11.21% and the S&P 500's gain of 7.37% [1] Group 2 - TSMC is expected to report an EPS of $2.29, which represents a 54.73% increase from the same quarter last year, with projected revenue of $29.66 billion, reflecting a 42.47% rise [2] - For the annual period, the consensus estimates anticipate earnings of $9.19 per share and revenue of $115.46 billion, indicating increases of +30.54% and +28.17% respectively from the previous year [3] Group 3 - Recent modifications to analyst estimates for TSMC indicate shifting business dynamics, with positive revisions suggesting an optimistic outlook for the company [4] - Changes in estimates are believed to correlate with upcoming stock price performance, and the Zacks Rank system provides an actionable rating based on these changes [5] Group 4 - TSMC currently holds a Zacks Rank of 3 (Hold), with a consensus EPS projection that has increased by 2.07% in the past 30 days [6] - The company has a Forward P/E ratio of 21.51, which aligns with the industry average, and a PEG ratio of 1.03, consistent with the Semiconductor - Circuit Foundry industry's average [7] Group 5 - The Semiconductor - Circuit Foundry industry ranks in the top 37% of all industries, with a Zacks Industry Rank of 90, indicating strong performance potential [8]