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After finishing at $36.06 in the prior trading day, Tower Semiconductor Ltd (NASDAQ: TSEM) closed at $36.85, up 2.19%. In other words, the price has increased by $2.19 from its previous closing price. On the day, 1.6 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 3.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.28. 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 19.91, and their Forward P/E ratio for the next fiscal year is 14.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.85 while its Price-to-Book (P/B) ratio in mrq is 1.55.
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 -22.86%, while the 200-Day Moving Average is calculated to be -16.17%.
Shares Statistics:
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 77.01% stake in the company.
