Analysts See $0.55 EPS for Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (TSM)

Taiwan Semiconductor Manufacturing makes up approximately 2.6% of Veritas Investment Management UK Ltd's investment portfolio, making the stock its 16th largest position.

Now we take a performance look how Taiwan Semiconductor Manufacturing Company Limited (TSM) has been performing in different time periods.

This year SEMICON Taiwan has added new theme pavilions including Circular Economy, Compound Semiconductor, Laser, and Opto Semiconductor.

Investors and Traders continue to monitor technical levels of shares of Taiwan Semiconductor Manufacturing Company Limited (TSM). American Century Companies Inc. now owns 718,748 shares of the semiconductor company's stock worth $23,604,000 after purchasing an additional 285,570 shares during the last quarter. Wesbanco Bank Inc. now owns 14,432 shares of the semiconductor company's stock valued at $474,000 after purchasing an additional 1,095 shares during the last quarter. Conning Inc. lifted its position in Taiwan Semiconductor Manufacturing by 53.0% in the 1st quarter.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.6 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell.

Several analysts recently weighed in on TSM shares. HSBC downgraded the shares of TSM in report on Wednesday, June 21 to "Hold" rating. HSBC Holdings plc lowered shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Wednesday, June 21st. Finally, Credit Suisse Group lowered shares of Taiwan Semiconductor Manufacturing from an "outperform" rating to a "neutral" rating in a research note on Monday, May 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. Nationwide Fund Advisors lifted its position in Taiwan Semiconductor Manufacturing by 51.6% in the 1st quarter. The stock increased 0.91% or $0.34 during the last trading session, reaching $37.84. 704,821 shares of the company's stock were exchanged. The original version of this report can be read at https://stocknewstimes.com/2017/09/12/taiwan-semiconductor-manufacturing-company-ltd-tsm-shares-bought-by-geode-capital-management-llc.html. Thanks to a rise of nearly 2.52% in the past five days, the stock price is now up 35.41% so far on the year - still in strong territory. The company's market cap is $187.06 Billion, and the average volume is 5.68 Million. The company now has a consensus rating of "Hold" and an average target price of $31.00. Return on Equity (ROE) stands at 25.7% and Return on Investment (ROI) of 19.9 percent. This estimate is provided by 3 analysts.

4 analysts on average are expecting the company to report revenue of $8.19 Billion for the current quarter. Comparatively, TSM posted earnings of $0.52 per share in the same quarter, a year earlier.

An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings. If you are accessing this story on another domain, it was illegally copied and reposted in violation of USA and global trademark & copyright law.

SEMICON Taiwan, the premier tradeshow and event for the electronics manufacturing supply chain, opens tomorrow (September 13-15) at Taipei Nangang Exhibition Center, Hall 1. The main businesses of the Company include the computer-aided design, manufacture, packaging, testing and sales of integrated circuits and other semiconductor devices, as well as the manufacture of masks.