For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Tower Semiconductor Ltd (NASDAQ: TSEM) closed at $42.84 in the last session, up 0.45% from day before closing price of $42.65. In other words, the price has increased by $0.45 from its previous closing price. On the day, 0.7 million shares were traded. TSEM stock price reached its highest trading level at $43.63 during the session, while it also had its lowest trading level at $42.75.
Ratios:
We take a closer look at TSEM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 5.82 and its Current Ratio is at 6.93. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
On May 10, 2024, Susquehanna Upgraded its rating to Positive which previously was Neutral and also upped its target price recommendation from $36 to $55.
On February 29, 2024, Susquehanna started tracking the stock assigning a Neutral rating and target price of $36.Susquehanna initiated its Neutral rating on February 29, 2024, with a $36 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TSEM now has a Market Capitalization of 4866580992 and an Enterprise Value of 3760933888. As of this moment, Tower’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.72, and their Forward P/E ratio for the next fiscal year is 16.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.26 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 2.564 whereas that against EBITDA is 8.089.
Stock Price History:
The Beta on a monthly basis for TSEM is 0.78, which has changed by 0.11128402 over the last 52 weeks, in comparison to a change of 0.111126065 over the same period for the S&P500. Over the past 52 weeks, TSEM has reached a high of $55.31, while it has fallen to a 52-week low of $28.64. The 50-Day Moving Average of the stock is 9.90%, while the 200-Day Moving Average is calculated to be -1.22%.
Shares Statistics:
According to the various share statistics, TSEM traded on average about 590.66K shares per day over the past 3-months and 711550 shares per day over the past 10 days. A total of 111.76M shares are outstanding, with a floating share count of 111.76M. Insiders hold about 0.00% of the company’s shares, while institutions hold 78.23% stake in the company. Shares short for TSEM as of 1748563200 were 1906714 with a Short Ratio of 3.23, compared to 1745971200 on 1924163. Therefore, it implies a Short% of Shares Outstanding of 1906714 and a Short% of Float of 1.73.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The current Payout Ratio is 0.00% for TSEM, which recently paid a dividend on 2014-06-11 with an ex-dividend date of 875059200. Stock splits for the company last occurred on 2012-08-06 when the company split stock in a 1:15 ratio.
Earnings Estimates
Tower Semiconductor Ltd (TSEM) is presently subject to a detailed evaluation by 4.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.55, with high estimates of $0.57 and low estimates of $0.52.
Analysts are recommending an EPS of between $2.2 and $2.06 for the fiscal current year, implying an average EPS of $2.13. EPS for the following year is $2.65, with 5.0 analysts recommending between $3.03 and $2.35.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $371.63M. It ranges from a high estimate of $372.25M to a low estimate of $370.2M. As of the current estimate, Tower Semiconductor Ltd’s year-ago sales were $351.18MFor the next quarter, 5 analysts are estimating revenue of $392.54M. There is a high estimate of $397.19M for the next quarter, whereas the lowest estimate is $389.4M.
A total of 6 analysts have provided revenue estimates for TSEM’s current fiscal year. The highest revenue estimate was $1.56B, while the lowest revenue estimate was $1.55B, resulting in an average revenue estimate of $1.55B. In the same quarter a year ago, actual revenue was $1.44BBased on 6 analysts’ estimates, the company’s revenue will be $1.73B in the next fiscal year. The high estimate is $1.78B and the low estimate is $1.65B.
