$0.45 EPS Expected for Taiwan Semiconductor Manufacturing Company Limited (TSM)

June 10, 2018 - By Michael Collier

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Logo

Analysts expect Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to report $0.45 EPS on July, 12.They anticipate $0.03 EPS change or 7.14 % from last quarter’s $0.42 EPS. TSM’s profit would be $2.28B giving it 21.63 P/E if the $0.45 EPS is correct. After having $0.59 EPS previously, Taiwan Semiconductor Manufacturing Company Limited’s analysts see -23.73 % EPS growth. The stock decreased 1.49% or $0.59 during the last trading session, reaching $38.93. About 8.08 million shares traded or 7.30% up from the average. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has risen 10.49% since June 10, 2017 and is uptrending. It has underperformed by 2.08% the S&P500.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Ratings Coverage

Among 3 analysts covering Taiwan Semiconductor (NYSE:TSM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Taiwan Semiconductor had 5 analyst reports since January 16, 2018 according to SRatingsIntel. The company was upgraded on Tuesday, January 16 by HSBC. Goldman Sachs upgraded the stock to “Buy” rating in Monday, January 22 report. Susquehanna maintained it with “Hold” rating and $38.0 target in Thursday, January 18 report. Susquehanna maintained the shares of TSM in report on Thursday, April 19 with “Hold” rating. The stock has “Hold” rating by Susquehanna on Tuesday, March 13.

Taiwan Semiconductor Manufacturing Company Limited., together with its subsidiaries, engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits, color filters, and other semiconductor devices primarily in Taiwan. The company has market cap of $197.38 billion. It makes masks and electronic parts; sells solar related products; wholesales and retails electronic materials; and researches, develops, and tests RFID systems. It has a 17.26 P/E ratio. The firm is also involved in customer service and technical supporting, marketing and engineering supporting, and investment activities.

More important recent Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) news were published by: Fool.com which released: “How Applied Materials Is Poised to Profit From the Next iPhone” on June 06, 2018, also Globenewswire.com published article titled: “New Research: Key Drivers of Growth for Teekay Offshore Partners, Taiwan Semiconductor Manufacturing, Ambev SA …”, Seekingalpha.com published: “Tracking Stephen Mandel’s Lone Pine Capital Portfolio – Q1 2018 Update” on May 25, 2018. More interesting news about Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was released by: Seekingalpha.com and their article: “TSMC -2.6% on soft May revenue” with publication date: June 08, 2018.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Ratings Chart

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