Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) – Research analysts at KeyCorp dropped their Q1 2018 earnings estimates for shares of Taiwan Semiconductor Manufacturing in a research report issued on Thursday. KeyCorp analyst M. Mcconnell now anticipates that the semiconductor company will earn $0.56 per share for the quarter, down from their previous estimate of $0.57. KeyCorp has a “Hold” rating on the stock. KeyCorp also issued estimates for Taiwan Semiconductor Manufacturing’s Q2 2018 earnings at $0.50 EPS, Q3 2018 earnings at $0.62 EPS, Q4 2018 earnings at $0.62 EPS and FY2018 earnings at $2.31 EPS.

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A number of other brokerages have also weighed in on TSM. Daiwa Capital Markets lowered shares of Taiwan Semiconductor Manufacturing from an “outperform” rating to a “hold” rating in a report on Thursday. J P Morgan Chase & Co raised shares of Taiwan Semiconductor Manufacturing from a “neutral” rating to an “overweight” rating in a report on Tuesday, October 10th. Zacks Investment Research raised shares of Taiwan Semiconductor Manufacturing from a “sell” rating to a “hold” rating in a report on Wednesday, September 13th. Finally, BidaskClub lowered shares of Taiwan Semiconductor Manufacturing from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Taiwan Semiconductor Manufacturing has a consensus rating of “Hold” and an average price target of $27.00.

Taiwan Semiconductor Manufacturing (TSM) opened at 41.12 on Monday. The company has a market capitalization of $213.25 billion, a price-to-earnings ratio of 18.40 and a beta of 0.74. The firm’s 50-day moving average price is $38.51 and its 200-day moving average price is $36.02. Taiwan Semiconductor Manufacturing has a 52 week low of $28.34 and a 52 week high of $41.72.

Several institutional investors have recently modified their holdings of the stock. Park National Corp OH increased its holdings in shares of Taiwan Semiconductor Manufacturing by 0.3% in the second quarter. Park National Corp OH now owns 6,575 shares of the semiconductor company’s stock valued at $230,000 after purchasing an additional 18 shares in the last quarter. Cornerstone Advisors Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 0.3% in the second quarter. Cornerstone Advisors Inc. now owns 10,266 shares of the semiconductor company’s stock valued at $359,000 after purchasing an additional 30 shares in the last quarter. Baldwin Investment Management LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 0.5% in the second quarter. Baldwin Investment Management LLC now owns 25,783 shares of the semiconductor company’s stock valued at $901,000 after purchasing an additional 124 shares in the last quarter. Bahl & Gaynor Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 1.0% in the second quarter. Bahl & Gaynor Inc. now owns 16,055 shares of the semiconductor company’s stock valued at $462,000 after purchasing an additional 162 shares in the last quarter. Finally, Cypress Wealth Advisors LLC increased its holdings in shares of Taiwan Semiconductor Manufacturing by 1.0% in the first quarter. Cypress Wealth Advisors LLC now owns 16,166 shares of the semiconductor company’s stock valued at $531,000 after purchasing an additional 163 shares in the last quarter. 19.34% of the stock is owned by institutional investors and hedge funds.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company 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 operates through foundry segment.

Earnings History and Estimates for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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