The price of Tower Semiconductor Ltd (NASDAQ: TSEM) closed at $47.96 in the last session, up 2.00% from day before closing price of $47.02. In other words, the price has increased by $2.00 from its previous closing price. On the day, 0.59 million shares were traded. TSEM stock price reached its highest trading level at $48.09 during the session, while it also had its lowest trading level at $47.27.
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 5402646016 and an Enterprise Value of 4332197888. As of this moment, Tower’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.56, and their Forward P/E ratio for the next fiscal year is 18.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.65 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 2.953 whereas that against EBITDA is 9.318.
Stock Price History:
The Beta on a monthly basis for TSEM is 0.77, which has changed by 0.17982781 over the last 52 weeks, in comparison to a change of 0.17535925 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 11.43%, while the 200-Day Moving Average is calculated to be 9.66%.
Shares Statistics:
According to the various share statistics, TSEM traded on average about 620.24K shares per day over the past 3-months and 778780 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 77.98% stake in the company. Shares short for TSEM as of 1752537600 were 1361440 with a Short Ratio of 2.20, compared to 1749772800 on 1630769. Therefore, it implies a Short% of Shares Outstanding of 1361440 and a Short% of Float of 1.24.
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 1997-09-24 with an ex-dividend date of 1997-09-24. Stock splits for the company last occurred on 2012-08-06 when the company split stock in a 1:15 ratio.
