Taiwan Semiconductor Manufacturing has a short interest ratio (“days to cover”) of 1.7, which is generally considered an acceptable ratio of short interest to trading volume. There may be delays, omissions, or inaccuracies in the Information. The technique has proven to be very useful for finding positive surprises.
The company produces chips for most devices and equipment like phones and cars that are used every day. More advanced chips produced by the manufacturer are used in highly advanced technology like machine learning and guided missiles. Ranging from #1 to #5 , the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations.
- Morris Chang founded Taiwan Semiconductor Manufacturing Company Limited in 1987.
- Short interest in Taiwan Semiconductor Manufacturing has recently decreased by 28.88%, indicating that investor sentiment is improving significantly.
- Now owns 597 shares of the semiconductor company’s stock worth $62,000 after buying an additional 135 shares in the last quarter.
- Around60% of the simpler microcontrollers that automakers also reportedly use are made by the company.
- A semiconductor foundry manufactures semiconductors for other companies at their specification; clients of Taiwan Semiconductor include but are not limited to Advanced Micro Devices, Apple, NVIDIA and Broadcom.
- Investors should also note that TSM has a PEG ratio of 0.8 right now.
The company issued revenue guidance of $16.70 billion-$17.50 billion, compared to the consensus revenue estimate of $17.71 billion. The post-pandemic bust in consumer electronics spending may be nearing its end, even if other stresses in the economy are just beginning. Investors should also note that TSM has a PEG ratio of 0.8 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. The Semiconductor – Circuit Foundry was holding an average PEG ratio of 0.8 at yesterday’s closing price.
And today, Digitimes reported that utilization rates at TSMC’s logic fabs may have bottomed out. According to sources from semiconductor equipment companies, TSMC’s utilization rates should begin to recover sequentially in April from their current low numbers. That suggests a potential bottom in chip demand, and that things may improve for semiconductor company results going forward after April. With these, Taiwan Semiconductor can manufacture nearly 15 million 300 mm wafers per year. The company’s capabilities include process nodes ranging from 2 microns to 4nm.
Only 72 people have added Taiwan Semiconductor Manufacturing to their MarketBeat watchlist in the last 30 days. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.
With continued secular megatrends requiring more semiconductors, the company is very-well positioned to be one of the major beneficiaries. The company is scheduled to release its next quarterly earnings announcement on Thursday, April 13th 2023. Sign-up to receive the latest news and ratings for Taiwan Semiconductor Manufacturing and its competitors with MarketBeat’s FREE daily newsletter. The company employs more than 65,000 people and is committed to the shift to green energy and sustainability. To that end, it became the 1st semiconductor company to make the RE100 pledge which states it will use 100% renewable energy by the year 2050. MarketBeat has tracked 16 news articles for Taiwan Semiconductor Manufacturing this week, compared to 9 articles on an average week.
Taiwan Semiconductor (TSM)
Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors. The average price target is $92.666, which means analysts expect the stock to rise by 6.23% over the next twelve months.
After all, the semiconductor sector could likely be said to already be in the midst of a deep recession that started all the way in the middle of last year. PC shipments recorded their largest annual declines in history toward the end of last year. Meanwhile, smartphone sales also logged an 18% year-over-year decline in the fourth quarter of 2022 for good measure. The economy may be headed for recession, but chips have already been in one for a year and may be bottoming already.
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Taiwan Semiconductor Manufacturing Dividend Calendar
This news sentiment score is similar to the average news sentiment of Computer and Technology companies. Based on earnings estimates, Taiwan Semiconductor Manufacturing will have a dividend payout ratio of 21.56% next year. This indicates that Taiwan Semiconductor Manufacturing will be able to sustain or increase its dividend. Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an “uptick” in price and the value of trades made on a “downtick” in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades.
In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
KeyBanc analyst John Vinh even wrote a positive note on Skyworks late last week, saying that excess smartphone inventory is beginning to be wound down, especially as China has reopened. Moreover, Skyworks should benefit from increased content in the upcoming iPhone later this year. For example, TSMC wouldn’t be able to produce certain chips without components from the Dutch supplier ASML, Chen said.
Taiwan Semiconductor Manufacturing declared a quarterly dividend on Wednesday, February 15th. Investors of record on Friday, June 16th will the difference between data, information, and intelligence be paid a dividend of $0.3597 per share on Thursday, July 13th. This represents a $1.44 annualized dividend and a dividend yield of 1.66%.
Taiwan Semiconductor Manufacturing Shareholder
There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. So, while the global economy has thus far been resilient to the Federal Reserve’s rate hikes until now, consumer electronics have already been in their own recession for about a year now. Meanwhile, all the new PCs, smartphones, and other consumer electronics that were purchased in the pandemic may have to be refreshed soon.
Of the seven recommendations that derive the current ABR, four are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 57.1% and 14.3% of all recommendations. I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. Taiwan Semiconductor has consistently delivered stellar financial results with a track record of double-digit percentage topline growth in the last decade with margins expanding significantly. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
Taiwan Semiconductor Manufacturing Co., Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. The company was founded by Chung Mou Chang on February 21, 1987 and is headquartered in Hsinchu, Taiwan. Taiwan Semiconductor Manufacturing Co, Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. 6 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Taiwan Semiconductor Manufacturing in the last year.
TSMC currently has an average brokerage recommendation of 1.71, on a scale of 1 to 5 , calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by seven brokerage firms. What I also usually do when analyzing financials is zooming out 10 years back to see how consistently did the company perform in terms of growth and margins. Based on this trend analysis, we can conclude that https://day-trading.info/ TSM management has track-record of delivering strong results with revenue growing at a CAGR of 13.9% and gross margin expanding sharply from 47.1% in FY 2013 to 59.6% in FY 2022. The metric I like a lot to assess how efficiently did the company experience growth is revenue per employee, which more than doubled. The company delivered an EPS beat of 7 cents per share and fell short on revenue.