Earnings and Growth Analysis : Taiwan Semiconductor Manufacturing (NYSE:TSM)

Earnings results for Taiwan Semiconductor Manufacturing (NYSE:TSM)

Taiwan Semiconductor Manufacturing Company Ltd. is expected* to report earnings on 10/14/2021 before market open. The report will be for the fiscal Quarter ending Sep 2021. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.03. The reported EPS for the same quarter last year was $0.9.

Taiwan Semiconductor Manufacturing last released its earnings data on July 14th, 2021. The semiconductor company reported $0.93 EPS for the quarter, hitting analysts’ consensus estimates of $0.93. The company had revenue of $372.15 billion for the quarter, compared to the consensus estimate of $372.58 billion. Its revenue for the quarter was up 19.8% compared to the same quarter last year. Taiwan Semiconductor Manufacturing has generated $3.39 earnings per share over the last year ($3.76 diluted earnings per share) and currently has a price-to-earnings ratio of 29.0. Earnings for Taiwan Semiconductor Manufacturing are expected to grow by 20.65% in the coming year, from $4.02 to $4.85 per share. Taiwan Semiconductor Manufacturing has confirmed that its next quarterly earnings report will be published on Thursday, October 14th, 2021. Taiwan Semiconductor Manufacturing will be holding an earnings conference call on Thursday, October 14th at 2:00 AM Eastern. Interested parties can .

Analyst Opinion on Taiwan Semiconductor Manufacturing (NYSE:TSM)

According to the issued ratings of 8 analysts in the last year, the consensus rating for Taiwan Semiconductor Manufacturing stock is Hold based on the current 5 hold ratings and 3 buy ratings for TSM. The average twelve-month price target for Taiwan Semiconductor Manufacturing is $126.01 with a high price target of $150.00 and a low price target of $105.00.

on TSM’s analyst rating history

Taiwan Semiconductor Manufacturing has received a consensus rating of Hold. The company’s average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings. According to analysts’ consensus price target of $126.01, Taiwan Semiconductor Manufacturing has a forecasted upside of 15.4% from its current price of $109.20. Taiwan Semiconductor Manufacturing has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Taiwan Semiconductor Manufacturing (NYSE:TSM)

Taiwan Semiconductor Manufacturing pays a meaningful dividend of 1.42%, higher than the bottom 25% of all stocks that pay dividends. Taiwan Semiconductor Manufacturing does not have a long track record of dividend growth. The dividend payout ratio of Taiwan Semiconductor Manufacturing is 46.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Taiwan Semiconductor Manufacturing will have a dividend payout ratio of 32.37% next year. This indicates that Taiwan Semiconductor Manufacturing will be able to sustain or increase its dividend.

Insiders buying/selling: Taiwan Semiconductor Manufacturing (NYSE:TSM)

In the past three months, Taiwan Semiconductor Manufacturing insiders have not sold or bought any company stock. Only 1.11% of the stock of Taiwan Semiconductor Manufacturing is held by insiders. Only 16.55% of the stock of Taiwan Semiconductor Manufacturing is held by institutions.

Earnings and Valuation of Taiwan Semiconductor Manufacturing (NYSE:TSM

Earnings for Taiwan Semiconductor Manufacturing are expected to grow by 20.65% in the coming year, from $4.02 to $4.85 per share. The P/E ratio of Taiwan Semiconductor Manufacturing is 29.04, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.76. The P/E ratio of Taiwan Semiconductor Manufacturing is 29.04, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 39.01. Taiwan Semiconductor Manufacturing has a PEG Ratio of 1.90. PEG Ratios above 1 indicate that a company could be overvalued. Taiwan Semiconductor Manufacturing has a P/B Ratio of 8.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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