Group 1: Analyst Ratings and Price Targets - Barclays raised the price target for Taiwan Semiconductor Manufacturing from $330.00 to $355.00 and assigned an "overweight" rating [1] - UBS Group set a price objective of $330.00, while Sanford C. Bernstein reiterated an "outperform" rating [1] - Citigroup reaffirmed a "buy" rating, and Needham & Company LLC issued a $360.00 price target [1] - Seven equities research analysts have rated the stock with a "Buy" rating, with an average price target of $355.00 [1] Group 2: Financial Metrics - The company has a current ratio of 2.69, a quick ratio of 2.47, and a debt-to-equity ratio of 0.19 [2] - Market capitalization stands at $1.66 trillion, with a price-to-earnings ratio of 32.78 and a PEG ratio of 0.91 [2] - The stock has a beta of 1.29, indicating higher volatility compared to the market [2] Group 3: Earnings Results - Taiwan Semiconductor Manufacturing reported earnings per share of $14.32 for the last quarter [3] - The company achieved a net margin of 43.72% and a return on equity of 34.34% [3] - Analysts predict an EPS of 9.2 for the current year [3] Group 4: Dividend Information - The company declared a quarterly dividend of $0.9678, payable on April 9th, with an annualized dividend of $3.87 and a yield of 1.2% [4] - This represents an increase from the previous quarterly dividend of $0.83 [4] - The dividend payout ratio is 25.85% [4] Group 5: Institutional Trading - Westfuller Advisors LLC increased its position by 2.2%, now owning 1,551 shares valued at $434,000 [5] - BankPlus Wealth Management LLC boosted its stake by 1.6%, owning 2,291 shares valued at $640,000 [5] - Hedge funds and institutional investors own 16.51% of the company's stock [5] Group 6: Stock Performance - Shares reached a new 52-week high of $317.8230, with a trading volume of 2,007,683 shares [6] - The stock previously closed at $303.89 [6] Group 7: Company Overview - Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry, providing wafer fabrication and related services [7] - Founded in 1987, TSMC manufactures integrated circuits for fabless and integrated device manufacturers [7] - The company offers contract chip production across various technologies and products [7]
Taiwan Semiconductor Manufacturing (NYSE:TSM) Sets New 52-Week High – What’s Next?