Tower Semiconductor (NASDAQ:TSEM) Trading Down 3.1% - Time to Sell?

Key Points

• Tower Semiconductor's shares declined by 3.1% to $73.80, with trading volume down 75% from the average sessions.
• Despite recent downgrades and mixed ratings, analysts maintain a consensus rating of "Moderate Buy" with an average price target of $67.60.
• The company reported earnings of $0.41 per share, falling short of expectations, alongside revenue of $372.06 million for the last quarter.

Shares of Tower Semiconductor Ltd. (NASDAQ:TSEM - Get Free Report) fell 3.1% on Friday . The stock traded as low as $72.88 and last traded at $73.80. 213,035 shares were traded during mid-day trading, a decline of 75% from the average session volume of 853,393 shares. The stock had previously closed at $76.19.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on TSEM. Barclays began coverage on shares of Tower Semiconductor in a research note on Thursday, September 18th. They issued an "equal weight" rating and a $74.00 target price for the company. Susquehanna set a $66.00 target price on shares of Tower Semiconductor and gave the company a "positive" rating in a research note on Tuesday, August 5th. Wedbush set a $65.00 target price on shares of Tower Semiconductor and gave the company an "outperform" rating in a research note on Tuesday, August 5th. Benchmark lifted their price target on Tower Semiconductor from $66.00 to $73.00 and gave the company a "buy" rating in a report on Monday, September 8th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Tower Semiconductor in a report on Saturday, September 27th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Tower Semiconductor has a consensus rating of "Moderate Buy" and an average price target of $67.60.

Tower Semiconductor Trading Down 4.5%

The stock has a market capitalization of $8.06 billion, a price-to-earnings ratio of 41.82 and a beta of 0.87. 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 simple moving average is $58.91 and its two-hundred day simple moving average is $46.39.

Tower Semiconductor (NASDAQ:TSEM - Get Free Report) last announced 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). The business had revenue of $372.06 million for the quarter, compared to analyst estimates of $371.63 million. Tower Semiconductor had a net margin of 13.20% and a return on equity of 7.37%. The company's quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the firm earned $0.53 earnings per share. Tower Semiconductor has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Tower Semiconductor Ltd. will post 1.67 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Tower Semiconductor

Several hedge funds and other institutional investors have recently bought and sold shares of TSEM. Squarepoint Ops LLC acquired a new position in Tower Semiconductor during the 4th quarter worth approximately $247,000. Wealth Enhancement Advisory Services LLC lifted its position in Tower Semiconductor by 5.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,577 shares of the semiconductor company's stock worth $703,000 after acquiring an additional 643 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of Tower Semiconductor by 219.3% during the 1st quarter. Assenagon Asset Management S.A. now owns 641,105 shares of the semiconductor company's stock valued at $22,362,000 after buying an additional 440,314 shares during the last quarter. Fifth Third Bancorp grew its position in shares of Tower Semiconductor by 18.0% during the first quarter. Fifth Third Bancorp now owns 9,885 shares of the semiconductor company's stock worth $352,000 after buying an additional 1,509 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Tower Semiconductor during the first quarter worth approximately $551,000. 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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