Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (TSM) EPS Estimated At $0.55

September 17, 2017 - By Adrian Erickson

 Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (TSM) EPS Estimated At $0.55

Analysts await Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) to report earnings on October, 12. They expect $0.55 EPS, down 6.78 % or $0.04 from last year’s $0.59 per share. TSM’s profit will be $2.75 billion for 17.11 P/E if the $0.55 EPS becomes a reality. After $0.42 actual EPS reported by Taiwan Semiconductor Mfg. Co. Ltd. (ADR) for the previous quarter, Wall Street now forecasts 30.95 % EPS growth. The stock increased 0.72% or $0.27 on September 15, reaching $37.65. About 7.25M shares traded or 72.62% up from the average. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) has risen 51.40% since September 17, 2016 and is uptrending. It has outperformed by 34.70% the S&P500.

Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) Ratings Coverage

Among 6 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Taiwan Semiconductor Manufacturing had 10 analyst reports since August 24, 2015 according to SRatingsIntel. Pacific Crest upgraded the stock to “Sector Weight” rating in Friday, October 14 report. The stock of Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) has “Hold” rating given on Wednesday, September 6 by KeyBanc Capital Markets. Goldman Sachs downgraded the shares of TSM in report on Tuesday, June 28 to “Neutral” rating. Susquehanna upgraded Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) on Tuesday, October 4 to “Neutral” rating. The stock of Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) earned “Hold” rating by HSBC on Wednesday, June 21. The stock of Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) earned “Outperform” rating by Credit Suisse on Friday, December 11. The firm has “Hold” rating by HSBC given on Thursday, October 13.

Taiwan Semiconductor Manufacturing Company Limited is a semiconductor foundry. The company has market cap of $188.46 billion. The Firm 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 has a 16.73 P/E ratio. It operates through foundry segment.

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