Taiwan Semiconductor Manufacturing (TSM) Earns Daily News Impact Rating of 0.13
Media coverage about Taiwan Semiconductor Manufacturing (NYSE:TSM) has trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Taiwan Semiconductor Manufacturing earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 47.318076934559 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern’s scoring:
- Taiwan Semiconductor (TSM) Holder Oaktree Capital Management LP Lifted Its Holding (topactu.net)
- US Bancorp DE Decreases Stake in Taiwan Semiconductor Manufacturing Company Ltd. (TSM) (fishinghd.com)
- The Taiwan Semiconductor Manufacturing Sees Unusually Large Options Volume (NYSE:TSM) (elcumanes.com)
- Dow Stretches Record-Making Streak Into Day Seven With Small Gains – TheStreet.com (thestreet.com)
- Taiwan Semiconductor Manufacturing Company Limited (TSM): Can the Bear Run Continue With Mixed Technical … – StockNewsGazette (stocknewsgazette.com)
Shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) traded down 0.65% on Wednesday, reaching $36.46. 3,153,684 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $35.78 and a 200-day moving average price of $33.60. The company has a market cap of $189.08 billion, a PE ratio of 16.42 and a beta of 0.77. Taiwan Semiconductor Manufacturing has a 12-month low of $28.20 and a 12-month high of $36.92.
Taiwan Semiconductor Manufacturing (NYSE:TSM) last posted its quarterly earnings results on Thursday, July 13th. The semiconductor company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.50 by $0.08. The company had revenue of $213.86 billion for the quarter, compared to analysts’ expectations of $214.25 billion. Taiwan Semiconductor Manufacturing had a return on equity of 25.65% and a net margin of 36.11%. The firm’s revenue was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.80 EPS. Equities research analysts anticipate that Taiwan Semiconductor Manufacturing will post $2.15 EPS for the current fiscal year.
The business also recently disclosed an annual dividend, which was paid on Thursday, July 20th. Investors of record on Wednesday, June 28th were issued a $0.927 dividend. This is a positive change from Taiwan Semiconductor Manufacturing’s previous annual dividend of $0.74. This represents a yield of 3.25%. The ex-dividend date was Monday, June 26th. Taiwan Semiconductor Manufacturing’s payout ratio is 42.59%.
Several equities research analysts have recently commented on the stock. Zacks Investment Research cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, April 19th. HSBC Holdings plc cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Wednesday, June 21st. Credit Suisse Group cut shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “neutral” rating in a research report on Monday, May 15th. BidaskClub cut shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Rosenblatt Securities set a $27.00 price target on shares of Taiwan Semiconductor Manufacturing and gave the company a “buy” rating in a research report on Saturday, April 15th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. Taiwan Semiconductor Manufacturing presently has an average rating of “Hold” and an average price target of $31.67.
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About Taiwan Semiconductor Manufacturing
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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