Understanding Taiwan Semiconductor's Q2 2024 Financial Results: Earnings Insights and Analysis
Sep 5, 2024 09:46Taiwan Semiconductor's Key Indicators in Earnings Report of Q2 2024
In the latest earnings report released by Taiwan Semiconductor, the following financial data are worthy of attention.
Actual Value | Estimated Value | YoY Change | |
|---|---|---|---|
Revenue | US$20.665B | US$20.128B | +33.67% |
Net Profit | US$7.599B | - | +30.06% |
EPS | 1.480 | 1.420 | +29.82% |
Gross Margin | 53.17% | - | -1.74% |
Net Margin | 36.77% | - | -2.70% |
Taiwan Semiconductor's Forecast By Third Party Analyst Rating of Q2 2024
- Third Party Analyst rating of Taiwan Semiconductor: Strong Buy
- Taiwan Semiconductor Target Price: US$209.67
- Taiwan Semiconductor EPS Forecast: US$1.764
- Taiwan Semiconductor Revenue Forecast: US$23.314B
- Taiwan Semiconductor EBIT Forecast: US$10.231B
For more information on what the analyst ratings may mean, visit https://pro.benzinga.com/blog/what-do-stock-analyst-ratings-mean/ (Benzinga is not affiliated with Futu Securities International (Hong Kong) Limited, or its affiliates.)
Taiwan Semiconductor's Institutional Ownership & Shareholders of Q2 2024
Holder | Shares Held | Shares Held (%) | Change (Shares) | Change (%) |
|---|---|---|---|---|
| National Development Fund, Executive Yuan | 330,741,996 | 6.38% | 0 | +0.00% |
| BlackRock | 264,153,420 | 5.09% | 0 | +0.00% |
| Capital Research | 219,937,055 | 4.24% | 32,000 | +0.00% |
| GIC Private Limited | 163,339,017 | 3.15% | 0 | +0.00% |
| Norges Bank Investment Management | 88,213,767 | 1.70% | -130,000 | -0.00% |
| FMR | 75,931,272 | 1.46% | 92,126 | +0.00% |
| New Labor Pension Scheme | 68,175,151 | 1.31% | 0 | +0.00% |
| The Vanguard | 65,377,459 | 1.26% | -692,785 | -0.01% |
| Yuanta Securities Investment Trust Co., Ltd. | 49,973,227 | 0.96% | 6,347,533 | +0.12% |
| Fidelity International Ltd | 40,633,062 | 0.78% | -453 | +0.00% |
The institutional holding data indicates that Taiwan Semiconductor has demonstrated stable performance, attracting significant interest from heavyweight institutional investors such as the National Development Fund, BlackRock, and Capital Research, all holding substantial stakes. This reflects a long-term confidence in Taiwan Semiconductor. Despite some reductions by entities like The Vanguard and Norges Bank Investment Management, overall changes in holdings are minimal, suggesting a conservative market sentiment towards Taiwan Semiconductor. Additionally, increased holdings by Yuanta Securities Investment Trust highlight some institutions' positive outlook on the future potential of Taiwan Semiconductor.
How to Buy Taiwan Semiconductor Stocks？
Step 1: Opening a Brokerage Account
To start trading stocks, the initial step is to acquire a brokerage account. When choosing an online stock brokerage, there are two critical factors to consider: brokerage offerings and a user-friendly platform. Futubull app would be helpful.
Step 2: Deciding how many shares to buy
To gain initial experience, it's wise to paper trade using a stock market simulator. Alternatively, start with a small investment amount.
Step 3: Buying stocks using the right order type
To master stock buying, it's essential to understand three critical order types: market orders, limit orders, and stop orders.
Step 4: Placing the stock order with your brokerage
Where can I find when companies are scheduled to report their earnings?
On the earnings calendar of Futubull app, there is a list available for you to view the companies that are reporting earnings today.
Where can I find more information about Taiwan Semiconductor's earnings reports?
On the Futubull app, you can find financial data, earnings call summaries, analyst ratings, announcement AI summaries, etc. for each company.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty. Read More
