Taiwan Semiconductor Mfg. (TSM) Receiving Somewhat Favorable Press Coverage, Study Finds

News coverage about Taiwan Semiconductor Mfg. (NYSE:TSM) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 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 Mfg. earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the semiconductor company an impact score of 46.504879644034 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news headlines that may have effected Accern Sentiment’s rankings:

Shares of Taiwan Semiconductor Mfg. traded up $0.01, reaching $39.65, during mid-day trading on Wednesday, Marketbeat reports. 4,815,439 shares of the company traded hands, compared to its average volume of 7,522,659. The company has a market cap of $204.69 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 1.12 and a beta of 0.91. The company has a current ratio of 2.71, a quick ratio of 2.47 and a debt-to-equity ratio of 0.05. Taiwan Semiconductor Mfg. has a 52 week low of $34.31 and a 52 week high of $46.57.

Taiwan Semiconductor Mfg. (NYSE:TSM) last announced its quarterly earnings data on Thursday, April 19th. The semiconductor company reported $0.59 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.01). The company had revenue of $248.08 billion for the quarter, compared to the consensus estimate of $250.89 billion. Taiwan Semiconductor Mfg. had a net margin of 34.83% and a return on equity of 23.36%. The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $3.38 earnings per share. equities research analysts predict that Taiwan Semiconductor Mfg. will post 2.35 earnings per share for the current fiscal year.

A number of research firms have issued reports on TSM. Zacks Investment Research upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a research note on Thursday, March 22nd. ValuEngine upgraded Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Sanford C. Bernstein restated a “market perform” rating and set a $42.00 price target (up from $40.00) on shares of Taiwan Semiconductor Mfg. in a research note on Tuesday, February 13th. Finally, Credit Suisse Group upgraded Taiwan Semiconductor Mfg. from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 20th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $46.00.

Taiwan Semiconductor Mfg. Company Profile

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. It manufactures masks and electronic parts; sells solar related products; wholesales and retails electronic materials; and researches, develops, and tests RFID systems.

Insider Buying and Selling by Quarter for Taiwan Semiconductor Mfg. (NYSE:TSM)

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