Tower Semiconductor (NASDAQ:TSEM) Sets New 1-Year High - Should You Buy?

Key Points

• Tower Semiconductor (NASDAQ:TSEM) reached a new 52-week high of $77.41 during trading, closing at $76.35, with a market capitalization of $8.46 billion.
• Recent analyst ratings show an average target price of $67.60, with four analysts giving the stock a "Buy" rating and two a "Hold" rating.
• The company reported $0.41 earnings per share for the last quarter, missing estimates of $0.47 but showing a 6% revenue increase year-over-year with revenue of $372.06 million.

Shares of Tower Semiconductor Ltd. (NASDAQ:TSEM - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $77.41 and last traded at $76.35, with a volume of 235226 shares trading hands. The stock had previously closed at $73.76.

Analyst Upgrades and Downgrades

TSEM has been the topic of a number of recent research reports. Wedbush set a $65.00 price objective on Tower Semiconductor and gave the stock an "outperform" rating in a research report on Tuesday, August 5th. Susquehanna set a $66.00 price target on shares of Tower Semiconductor and gave the stock a "positive" rating in a research note on Tuesday, August 5th. Benchmark boosted their price objective on Tower Semiconductor from $66.00 to $73.00 and gave the company a "buy" rating in a research note on Monday, September 8th. Weiss Ratings reiterated a "hold (c)" rating on shares of Tower Semiconductor in a research note on Wednesday, October 8th. Finally, Barclays started coverage on Tower Semiconductor in a report on Thursday, September 18th. They issued an "equal weight" rating and a $74.00 target price on the stock. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $67.60.

Tower Semiconductor Price Performance

The company has a 50-day moving average of $64.01 and a 200-day moving average of $49.07. The stock has a market capitalization of $8.46 billion, a price-to-earnings ratio of 43.91 and a beta of 0.87. The company has a debt-to-equity ratio of 0.05, a quick ratio of 5.50 and a current ratio of 6.57.

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

Institutional Investors Weigh In On Tower Semiconductor

Hedge funds have recently modified their holdings of the stock. HBK Sorce Advisory LLC purchased a new position in shares of Tower Semiconductor in the 3rd quarter worth about $224,000. Harbor Capital Advisors Inc. acquired a new stake in Tower Semiconductor in the third quarter valued at $1,168,000. Spinnaker Investment Group LLC bought a new stake in shares of Tower Semiconductor in the 3rd quarter worth about $202,000. Park National Corp OH bought a new stake in Tower Semiconductor in the third quarter valued at about $208,000. Finally, Orion Porfolio Solutions LLC raised its position in shares of Tower Semiconductor by 1.1% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 28,517 shares of the semiconductor company's stock valued at $1,236,000 after acquiring an additional 301 shares in the last quarter. 70.51% of the stock is owned by institutional investors and hedge funds.

Tower Semiconductor Company Profile

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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