Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) price is hovering higher on Tuesday, August 03, jumping 0.44% above Taiwan Semiconductor Manufacturing Company Limited, which has a market valuation of $542.15 billion. The company stock has a Forward Dividend ratio of 1.81, while the dividend yield is 1.55%. It is understandable that investor optimism is growing ahead of the company’s current quarter results. Analysts tracking TSM have forecast the quarterly EPS to grow by 0.93 per share this quarter, while the same analysts predict the annual EPS to hit $3.96 for the year 2021 and up to $4.55 for 2022. In this case, analysts estimate an annual EPS growth of 16.80% for the year and 14.90% for the next year. On average, analysts have forecast the company’s revenue for the quarter will hit $13.17 billion, with the likely lows of $13.07 billion and highs of $13.27 billion. The average estimate suggests sales growth for the quarter will likely rise by 26.80% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $56.01 billion for the company’s annual revenue in 2021. Per this projection, the revenue is forecast to grow 23.10% above that which the company brought in 2021. 2 upward and no downward reviews. On the technical perspective front, indicators give TSM a short term outlook of 50% Buy Hold, while an average of long term indicators are currently assigning the stock as 50% Buy. Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 36 analysts have assigned TSM a recommendation rating as follows: 4 rate it as a Hold; 25 advise Buy while 7 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Taiwan Semiconductor Manufacturing Company Limited (TSM) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares. If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.89. The overview shows that TSM’s price is at present -0.43% off the SMA20 and -0.14% 50.36, with weekly volatility standing at 1.83%. The indicator jumps to 2.08% when calculated based on the past 30 days. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)’s beta value is holding at 0.89, while the average true range (ATR) indicator is currently reading 2.46. Considering analysts have assigned the stock a price target range of $105.00-$200.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $146.33. Based on this estimate, we see that today’s price at last check is roughly 10.55% off the estimated low and -70.39% off the forecast high. Investors will no doubt be excited to see the share price fall to $147.00, which is the median consensus price, and at that level TSM would be -25.23% from recent price. Turning out attention to how the Taiwan Semiconductor Manufacturing Company Limited stock has performed in comparison to its peers in the industry, here’s what we find: TSM’s stock is 0.44% on the day and 48.13% in the past 12 months, while NVIDIA Corporation (NVDA) traded -1.77% in the latest session and is positioned 86.06% up on its price 12 months ago. Another comparison is with Analog Devices Inc. (ADI) whose stock price is down -0.25% in the current trading session, and has flourished 45.95% over the past year. Also, Texas Instruments Incorporated (TXN) is currently showing down trend of -1.17% while its price kept floating at 49.53% over the past year. As for Taiwan Semiconductor Manufacturing Company Limited, the P/E ratio stands at 30.50 lower than that of NVIDIA Corporation’s at 93.65 and Analog Devices Inc.’s 40.00. Elsewhere in the market, the S&P 500 Index has rallied 0.27% in today’s early trading, with the Dow Jones Industrial also seeing a positive session on the day with 0.43%. An analysis of the Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stock in terms of its daily trading volume indicates that the 3-month average is 8.44 million. However, this figure increases on the past 10-day timeline to an average of 7.61 5.19B in outstanding shares. The percentage share held by institutions stands at 17.80%. The stats also highlight that short interest as of Jun 14, 2021, stood at 12.39 million shares, which puts the short ratio at the time at 1.78. From this we can glean that short interest is 0.24% of company’s current outstanding shares. Notably, we see that shares short in June fall slightly given the previous month’s figure stood at 15.34 million. But the 7.17% upside,