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Tower Semiconductor Ltd (NASDAQ: TSEM) closed the day trading at $31.60 down -15.37% from the previous closing price of $37.34. In other words, the price has decreased by -$15.37 from its previous closing price. On the day, 1.03 million shares were traded. TSEM stock price reached its highest trading level at $35.47 during the session, while it also had its lowest trading level at $31.555.
Ratios:
For a better understanding of TSEM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.23 and its Current Ratio is at 6.18. In the meantime, Its Debt-to-Equity ratio is 0.07 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 3850144000 and an Enterprise Value of 2474409984. As of this moment, Tower’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.07, and their Forward P/E ratio for the next fiscal year is 12.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 1.723 whereas that against EBITDA is 5.483.
Stock Price History:
The Beta on a monthly basis for TSEM is 0.76, which has changed by -0.031862736 over the last 52 weeks, in comparison to a change of 0.036926866 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 $30.74. The 50-Day Moving Average of the stock is -26.23%, while the 200-Day Moving Average is calculated to be -28.06%.
Shares Statistics:
Over the past 3-months, TSEM traded about 744.02K shares per day on average, while over the past 10 days, TSEM traded about 492830 shares per day. A total of 111.55M shares are outstanding, with a floating share count of 111.00M. Insiders hold about 0.06% of the company’s shares, while institutions hold 76.89% stake in the company. Shares short for TSEM as of 1741910400 were 2437564 with a Short Ratio of 3.28, compared to 1739491200 on 1708851. Therefore, it implies a Short% of Shares Outstanding of 2437564 and a Short% of Float of 2.22.
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.
