Taiwan Semiconductor Manufacturing (NYSE:TSM) shares traded -3.33% down during most recent session to reach at the closing price of $37.44. The stock exchanged hands 13.32 Million shares versus average trading capacity of 9.02 Million shares, yielding a market cap of $191.95 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $46.26 within the next 52-weeks. The mean target projections are based on 5 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Taiwan Semiconductor Manufacturing (NYSE:TSM) high price target of $52 and with a conservative view have low price target of $40.6.

Morgan Stanley “Upgrades” Taiwan Semiconductor Manufacturing (NYSE:TSM) in a research note issued to investors on 11/16/18 to Equal-Weight with price target of $0.

Additionally on 7/02/18 Susquehanna “Upgrades” Taiwan Semiconductor Manufacturing (NYSE:TSM) to Positive setting price target at $0 and on 1/22/18 Goldman Sachs “Upgrades” the stock to Buy. Furthermore on 1/16/18 HSBC “Upgrades” the stock to Buy.

On the other hand the company has Relative Strength Index (RSI 14) of 46.88 along with Average True Range (ATR 14) of 0.97, Consequently Taiwan Semiconductor Manufacturing (NYSE:TSM)’s weekly and monthly volatility is 2.10%, 1.76% respectively. The company’s beta value is at 1.23.

In terms of Buy, Sell or Hold recommendations, Taiwan Semiconductor Manufacturing (NYSE:TSM) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Taiwan Semiconductor Manufacturing (NYSE:TSM)’s minimum EPS for the current quarter is at $0.62 and can go high up to $0.66. The consensus mean EPS for the current quarter is at $0.64 derived from a total of 2 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.64 earnings per share for the same quarter during last year.

Previously Taiwan Semiconductor Manufacturing (NYSE:TSM) reported $0.56 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.56 by $0. The company posted an earnings surprise of 0%.

Taiwan Semiconductor Manufacturing (NYSE:TSM)’s revenue estimates for the current quarter are $9.42 Billion according to 2 number of analysts, for the current quarter the company has high revenue estimates of $9.46 Billion in contradiction of low revenue estimates of $9.37 Billion. For the current year the company’s revenue estimates are $33.72 Billion compared to low analyst estimates of $33.42 Billion and high estimates of $34.26 Billion according to 3 number of analysts.

Currently Taiwan Semiconductor Manufacturing (NYSE:TSM)’s shares owned by insiders are 0.04%, whereas shares owned by institutional owners are 19.9%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.94%.

Taiwan Semiconductor Manufacturing (NYSE:TSM)’s trailing twelve month revenues are $33.15 Billion, whereas its price to sales ratio for the same period is 5.79. Its book value per share for the most recent quarter is $9.88 while its price to book ratio for the same period is 3.79, as for as the company’s cash per share for the most recent quarter is $3.95, however its price to cash per share ratio for the same period is 9.49. The stock has 5 year expected PEG ratio of 1.14 whereas its trailing twelve month P/E ratio is 17.03.