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After finishing at $43.54 in the prior trading day, Tower Semiconductor Ltd (NASDAQ: TSEM) closed at $42.26, down -2.94%. In other words, the price has decreased by -$2.94 from its previous closing price. On the day, 0.75 million shares were traded.
Ratios:
Our goal is to gain a better understanding of TSEM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.96. 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:
As of this moment, Tower’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.81, and their Forward P/E ratio for the next fiscal year is 16.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.27 while its Price-to-Book (P/B) ratio in mrq is 1.80.
Stock Price History:
Over the past 52 weeks, TSEM has reached a high of $55.31, while it has fallen to a 52-week low of $30.48. The 50-Day Moving Average of the stock is -14.83%, while the 200-Day Moving Average is calculated to be -3.60%.
Shares Statistics:
A total of 111.07M shares are outstanding, with a floating share count of 111.00M. Insiders hold about 0.06% of the company’s shares, while institutions hold 76.98% stake in the company.
