Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $54.74 in the prior trading day, Tower Semiconductor Ltd (NASDAQ: TSEM) closed at $45.50, down -16.88%. In other words, the price has decreased by -$16.88 from its previous closing price. On the day, 2.24 million shares were traded. TSEM stock price reached its highest trading level at $50.13 during the session, while it also had its lowest trading level at $44.56.
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 4.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.57. For the most recent quarter (mrq), Quick Ratio is recorded 4.89 and its Current Ratio is at 5.82. 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 5053685248 and an Enterprise Value of 3728427008. As of this moment, Tower’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.64, and their Forward P/E ratio for the next fiscal year is 20.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.61 while its Price-to-Book (P/B) ratio in mrq is 1.94. Its current Enterprise Value per Revenue stands at 2.686 whereas that against EBITDA is 8.594.
Stock Price History:
The Beta on a monthly basis for TSEM is 0.89, which has changed by 0.89084625 over the last 52 weeks, in comparison to a change of 0.23883796 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 $28.11. The 50-Day Moving Average of the stock is -8.97%, while the 200-Day Moving Average is calculated to be 7.66%.
Shares Statistics:
The stock has traded on average 633.92K shares per day over the past 3-months and 621470 shares per day over the last 10 days, according to various share statistics. A total of 111.07M shares are outstanding, with a floating share count of 110.98M. Insiders hold about 0.08% of the company’s shares, while institutions hold 78.65% stake in the company. Shares short for TSEM as of 1730332800 were 1089613 with a Short Ratio of 2.05, compared to 1727654400 on 1199703. Therefore, it implies a Short% of Shares Outstanding of 1089613 and a Short% of Float of 1.0.
Dividends & Splits
The 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.
