Tower Semiconductor (NASDAQ:TSEM) Sees Strong Trading Volume - Should You Buy?

Key Points

• Tower Semiconductor (NASDAQ:TSEM) experienced a 45% increase in trading volume on Tuesday, with approximately 1,061,435 shares traded, and the stock's price rose from $49.21 to $52.36.
• Recent analyst ratings show a consensus of "Buy" for Tower Semiconductor, with price targets set between $65.00 and $66.00 by multiple firms, indicating potential upside.
• The company reported an earnings miss for the last quarter, posting $0.41 EPS against an estimate of $0.47, but showed year-over-year revenue growth of 6.0% to $372.06 million.

Tower Semiconductor Ltd. (NASDAQ:TSEM - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 1,061,435 shares were traded during mid-day trading, an increase of 45% from the previous session's volume of 730,698 shares.The stock last traded at $52.36 and had previously closed at $49.21.

Analyst Upgrades and Downgrades

TSEM has been the subject of a number of research analyst reports. Wedbush set a $65.00 price target on shares of Tower Semiconductor and gave the stock an "outperform" rating in a research report on Tuesday, August 5th. Benchmark reissued a "buy" rating and issued a $66.00 price target (up from $60.00) on shares of Tower Semiconductor in a research report on Monday, August 4th. Finally, Susquehanna set a $66.00 price target on shares of Tower Semiconductor and gave the stock a "positive" rating in a research report on Tuesday, August 5th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, Tower Semiconductor presently has a consensus rating of "Buy" and an average target price of $64.25.

Tower Semiconductor Price Performance

The company has a quick ratio of 5.50, a current ratio of 6.57 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $5.64 billion, a P/E ratio of 29.36 and a beta of 0.77. The company's 50-day simple moving average is $45.15 and its 200 day simple moving average is $41.56.

Tower Semiconductor (NASDAQ:TSEM - Get Free Report) last posted its earnings results on Monday, August 4th. The semiconductor company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.06). The business had revenue of $372.06 million during the quarter, compared to the consensus estimate of $371.63 million. Tower Semiconductor had a return on equity of 7.37% and a net margin of 13.20%.The business's revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.53 earnings per share. Tower Semiconductor has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Tower Semiconductor Ltd. will post 1.67 earnings per share for the current fiscal year.

Institutional Trading of Tower Semiconductor

Several large investors have recently added to or reduced their stakes in the business. TCTC Holdings LLC raised its position in shares of Tower Semiconductor by 117.9% in the first quarter. TCTC Holdings LLC now owns 706 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 382 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Tower Semiconductor in the first quarter valued at approximately $39,000. Blue Trust Inc. raised its position in shares of Tower Semiconductor by 14.8% in the second quarter. Blue Trust Inc. now owns 1,764 shares of the semiconductor company's stock valued at $76,000 after purchasing an additional 227 shares during the period. Headlands Technologies LLC bought a new position in shares of Tower Semiconductor in the first quarter valued at approximately $75,000. Finally, Caption Management LLC bought a new position in shares of Tower Semiconductor in the fourth quarter valued at approximately $155,000. 70.51% of the stock is owned by institutional investors.

About Tower Semiconductor

Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS.

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