Tower Semiconductor (NASDAQ:TSEM) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Tower Semiconductor's stock price has recently surpassed its 200-day moving average of $44.42, reaching highs of $69.89 during trading, with shares closing at $69.55.
• Analysts have given Tower Semiconductor a consensus rating of "Moderate Buy" with a target price averaging $67.60, following several upgrades from firms like Benchmark and Susquehanna.
• Despite a slight miss on EPS estimates, Tower reported a 6% year-over-year increase in revenue for its last quarter, totaling $372.06 million.

Tower Semiconductor Ltd. (NASDAQ:TSEM - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $44.42 and traded as high as $69.89. Tower Semiconductor shares last traded at $69.55, with a volume of 1,239,251 shares changing hands.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Susquehanna set a $66.00 target price on Tower Semiconductor and gave the company a "positive" rating in a research report on Tuesday, August 5th. Barclays initiated coverage on Tower Semiconductor in a report on Thursday, September 18th. They set an "equal weight" rating and a $74.00 price target for the company. Wedbush set a $65.00 price target on Tower Semiconductor and gave the stock an "outperform" rating in a report on Tuesday, August 5th. Finally, Benchmark lifted their price target on Tower Semiconductor from $66.00 to $73.00 and gave the stock a "buy" rating in a report on Monday, September 8th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $67.60.

Tower Semiconductor Trading Up 3.8%

The company has a debt-to-equity ratio of 0.05, a current ratio of 6.57 and a quick ratio of 5.50. The business's 50-day moving average price is $54.71 and its two-hundred day moving average price is $44.42. The company has a market capitalization of $7.71 billion, a price-to-earnings ratio of 39.97 and a beta of 0.86.

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Senvest Management LLC raised its position in Tower Semiconductor by 0.9% during the second quarter. Senvest Management LLC now owns 8,128,614 shares of the semiconductor company's stock valued at $352,375,000 after purchasing an additional 69,207 shares in the last quarter. Vanguard Group Inc. raised its position in Tower Semiconductor by 2.4% during the first quarter. Vanguard Group Inc. now owns 4,087,155 shares of the semiconductor company's stock valued at $145,106,000 after purchasing an additional 93,868 shares in the last quarter. Jennison Associates LLC raised its position in Tower Semiconductor by 2.3% during the first quarter. Jennison Associates LLC now owns 2,546,357 shares of the semiconductor company's stock valued at $90,803,000 after purchasing an additional 57,544 shares in the last quarter. Meitav Investment House Ltd. raised its position in Tower Semiconductor by 1.0% during the second quarter. Meitav Investment House Ltd. now owns 2,242,514 shares of the semiconductor company's stock valued at $97,247,000 after purchasing an additional 22,873 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in Tower Semiconductor by 12.2% during the first quarter. Wellington Management Group LLP now owns 2,240,229 shares of the semiconductor company's stock valued at $79,887,000 after purchasing an additional 243,267 shares in the last quarter. 70.51% of the stock is currently 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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