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In the latest session, Tower Semiconductor Ltd. (NASDAQ: TSEM) closed at $40.94 down -1.94% from its previous closing price of $41.75. In other words, the price has decreased by -$1.94 from its previous closing price. On the day, 1.09 million shares were traded. TSEM stock price reached its highest trading level at $41.95 during the session, while it also had its lowest trading level at $40.06.
Ratios:
For a deeper understanding of Tower Semiconductor Ltd.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.94. For the most recent quarter (mrq), Quick Ratio is recorded 4.46 and its Current Ratio is at 5.38. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.06.
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 4622494208 and an Enterprise Value of 3504558592. As of this moment, Tower’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.27, and their Forward P/E ratio for the next fiscal year is 18.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.62. 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 1.84. Its current Enterprise Value per Revenue stands at 2.513 whereas that against EBITDA is 8.1.
Stock Price History:
Over the past 52 weeks, TSEM has reached a high of $42.49, while it has fallen to a 52-week low of $21.43. The 50-Day Moving Average of the stock is 7.34%, while the 200-Day Moving Average is calculated to be 30.47%.
Shares Statistics:
For the past three months, TSEM has traded an average of 399.28K shares per day and 465420 over the past ten days. 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 75.67% stake in the company. Shares short for TSEM as of 1719532800 were 1094156 with a Short Ratio of 2.74, compared to 1717113600 on 606584. Therefore, it implies a Short% of Shares Outstanding of 1094156 and a Short% of Float of 1.0.
