Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Tower Semiconductor Ltd (NASDAQ: TSEM) closed the day trading at $41.74 up 1.72% from the previous closing price of $41.03. In other words, the price has increased by $1.72 from its previous closing price. On the day, 0.57 million shares were traded. TSEM stock price reached its highest trading level at $42.54 during the session, while it also had its lowest trading level at $40.8901.
Ratios:
For a better understanding of TSEM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.70. For the most recent quarter (mrq), Quick Ratio is recorded 4.94 and its Current Ratio is at 5.90. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Susquehanna on May 10, 2024, Upgraded its rating to Positive and sets its target price to $55 from $36 previously.
On February 29, 2024, Susquehanna started tracking the stock assigning a Neutral rating and target price of $36.
On October 25, 2023, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $35.The Benchmark Company initiated its Buy rating on October 25, 2023, with a $35 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 4635506688 and an Enterprise Value of 3576816384. As of this moment, Tower’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.41, and their Forward P/E ratio for the next fiscal year is 17.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.34 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 2.576 whereas that against EBITDA is 8.244.
Stock Price History:
Over the past 52 weeks, TSEM has reached a high of $46.53, while it has fallen to a 52-week low of $22.30. The 50-Day Moving Average of the stock is -3.44%, while the 200-Day Moving Average is calculated to be 11.44%.
Shares Statistics:
Over the past 3-months, TSEM traded about 361.30K shares per day on average, while over the past 10 days, TSEM traded about 326300 shares per day. A total of 111.07M shares are outstanding, with a floating share count of 111.07M. Insiders hold about 0.00% of the company’s shares, while institutions hold 66.77% stake in the company. Shares short for TSEM as of 1728950400 were 1085354 with a Short Ratio of 3.00, compared to 1726185600 on 1255170. Therefore, it implies a Short% of Shares Outstanding of 1085354 and a Short% of Float of 0.9900000000000001.
