Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) was the recipient of some unusual options trading on Tuesday. Investors acquired 5,192 put options on the company. This represents an increase of 535% compared to the average volume of 817 put options.
Shares of Taiwan Semiconductor Mfg. (NYSE:TSM) opened at $44.99 on Wednesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.18 and a current ratio of 2.39. The company has a market capitalization of $234,510.92, a price-to-earnings ratio of 20.84, a PEG ratio of 1.21 and a beta of 0.87. Taiwan Semiconductor Mfg. has a 1-year low of $31.20 and a 1-year high of $46.57.
Taiwan Semiconductor Mfg. (NYSE:TSM) last announced its earnings results on Thursday, January 18th. The semiconductor company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.63 by $0.01. The company had revenue of $9.21 billion for the quarter, compared to analysts’ expectations of $9.15 billion. Taiwan Semiconductor Mfg. had a return on equity of 23.73% and a net margin of 35.08%. research analysts expect that Taiwan Semiconductor Mfg. will post 2.5 EPS for the current fiscal year.
A number of analysts have weighed in on the company. Credit Suisse Group upgraded Taiwan Semiconductor Mfg. from a “neutral” rating to an “outperform” rating in a research report on Tuesday, February 20th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $42.00 price target (up from $40.00) on shares of Taiwan Semiconductor Mfg. in a research report on Tuesday, February 13th. ValuEngine upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research cut Taiwan Semiconductor Mfg. from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Finally, Goldman Sachs Group upgraded Taiwan Semiconductor Mfg. from a “neutral” rating to a “buy” rating in a research report on Monday, January 22nd. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Taiwan Semiconductor Mfg. currently has an average rating of “Hold” and a consensus target price of $39.00.
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About Taiwan Semiconductor Mfg.
Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. It operates through foundry segment.
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