Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) [Trend Analysis] knocking active thrust in leading trading session, shares a decrease of -0.29% to 30.57 with around 7.6 Million shares have changed hands in this session. Taiwan Semiconductor Manufacturing Co (TSMC) raised its forecast for 2016 revenue after setting new profit and sales records in the third quarter, as analysts said it was riding high on supplying parts for Apple Inc’s new iPhone 7.
The world’s largest contract chipmaker’s bullish forecast comes as anticipation has intensified about how the iPhone 7, launched in early September, has been selling in the wake of Samsung Electronics Co scrapping its Galaxy Note 7 smartphone in what could be one of the costliest product safety failures in tech history.
Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked TSM in recent few months. In ratings table the TSM given BUY ratings by 13 analysts in current phase and 5 analysts suggest it as overweight security. . TSM. While 13 number of analysts gave ratings for HOLD in current. As per remarks given by WSJ, consensus pool recommends it as Overweight security.
The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $0.57 at current month while compared with $0.51 in a month ago. The stock next year first quarter current estimate trend for EPS was for $0.50 and on annual basis FY 2016 estimate trends at current was for $1.99 as compared to one month ago of $1.92, and for next year per share earnings estimates have $2.17.
The stock is going forward its fifty-two week low with 55.10% and lagging behind from its 52-week high price with -2.89%.
Similar, the positive performance for the quarter recorded as 12.10% and for the year was 43.13%, while the YTD performance remained at 39.42%. TSM has Average True Range for 14 days of 0.64.
Shares of Electronic Arts Inc. (NASDAQ:EA) [Trend Analysis] swings enthusiastically in regular trading session, it a loss of -0.33% to close at $82.32. The EA held a rough session during the week but was ready to get some critical analysis. The stock was assessed by a pool of analysts at WSJ and came out with some serious outcomes not to be avoided before making investment. The EA ratings chart showed that 4 gave HOLD ratings for the current month as 2 analysts opting for Overweight option for same period. For stocks’ current month, 16 analysts opted for BUY ratings. The stock price target chart showed average price target of 89.43 as compared to current price of 82.32.
Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $2.35 and on annual basis FY 2016 estimate trends at current was for $3.65 as compared to one month ago of $3.64, and for next year per share earnings estimates have $4.13.
Moving forward to saw long-term intention, the experts calculate Return on Investment of 25.90%. The stock is going forward its fifty-two week low with 55.29% and lagging behind from its 52-week high price with -4.36%. EA last month stock price volatility remained 1.67%.