TSMC (TSM) Outperforms Broader Market: What You Need to Know

Company Performance - TSMC's stock closed at $160, with a daily increase of +1.85%, outperforming the S&P 500's gain of 0.7% [1] - Over the past month, TSMC's stock has risen by 15.02%, surpassing the Computer and Technology sector's increase of 8.26% and the S&P 500's increase of 4.03% [1] - The upcoming financial results are expected to show an EPS of $1.33, reflecting a 16.67% increase year-over-year, and revenue of $19.92 billion, up 27.06% from the previous year [1] Full Year Estimates - Analysts project TSMC's earnings for the full year to be $6.13 per share and revenue of $84.56 billion, indicating increases of +18.34% and +22.03% respectively from last year [2] - Recent changes in analyst estimates suggest a positive outlook for TSMC's business and profitability [2] Valuation Metrics - TSMC has a Forward P/E ratio of 25.64, which aligns with the industry average [3] - The company also has a PEG ratio of 1.13, consistent with the average PEG ratio of the Semiconductor - Circuit Foundry industry [3] Industry Context - The Semiconductor - Circuit Foundry industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 95, placing it in the top 38% of over 250 industries [4] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]