NASDAQ:TSEMTower Semiconductor Stock Price, Forecast & News

$20.11

+0.15 (+0.75 %)

(As of 06/1/2020 09:23 AM ET)

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Today's Range

$19.83

Now: $20.11▼

$20.26

50-Day Range

$16.95

MA: $18.92▼

$20.70

52-Week Range

$12.13

Now: $20.11▼

$25.80

Volume383,674 shs

Average Volume440,072 shs

Market Capitalization$2.15 billion

P/E Ratio26.46

Dividend YieldN/A

Beta1.42

Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal semiconductor devices in the United States, Japan, Asia, and Europe. It provides various customizable process technologies, including SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS. The company also offers transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as automotive, medical and dental, professional photography, industrial and machine vision, AR and 3D gesture control, security, space and scientific, projectors and display, consumer, aerospace and defense, computers and servers, as well as Internet of Things; timing controllers; digital, mixed-signal/CMOS & RFCMOS; and display driver IC. The company was founded in 1993 and is headquartered in Migdal Haemek, Israel.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Tower Semiconductor has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.33, Tower Semiconductor has a potential upside of 21.0% from its current price of $20.11.
Amount of Analyst Coverage
Tower Semiconductor has only been the subject of 3 research reports in the past 90 days.

3.0 Community Rank

Outperform Votes
Tower Semiconductor has received 368 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tower Semiconductor has received 241 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tower Semiconductor has received 60.43% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Tower Semiconductor and other stocks. Vote “Outperform” if you believe TSEM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TSEM will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Tower Semiconductor does not currently pay a dividend.
Dividend Growth
Tower Semiconductor does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tower Semiconductor insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Tower Semiconductor is held by insiders.
Percentage Held by Institutions
53.83% of the stock of Tower Semiconductor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Tower Semiconductor are expected to grow by 50.59% in the coming year, from $0.85 to $1.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tower Semiconductor is 26.46, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.37.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tower Semiconductor is 26.46, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.00.
Price to Book Value per Share Ratio
Tower Semiconductor has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.77 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:TSEM

Previous Symbol

CUSIPN/A

CIK928876

Webwww.towerjazz.com

Phone972-4650-6109

Debt

Debt-to-Equity Ratio0.16

Current Ratio3.83

Quick Ratio3.11

Price-To-Earnings

Trailing P/E Ratio26.46

Forward P/E Ratio23.66

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.23 billion

Price / Sales1.74

Cash Flow$3.12 per share

Price / Cash Flow6.44

Book Value$13.68 per share

Price / Book1.47

Profitability

EPS (Most Recent Fiscal Year)$0.87

Net Income$90.05 million

Net Margins6.61%

Return on Equity6.50%

Return on Assets4.52%

Miscellaneous

Employees5,586

Outstanding Shares106,810,000

Market Cap$2.15 billion

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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Tower Semiconductor (NASDAQ:TSEM) Frequently Asked Questions

How has Tower Semiconductor's stock been impacted by COVID-19 (Coronavirus)?

Tower Semiconductor's stock was trading at $16.44 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TSEM stock has increased by 22.3% and is now trading at $20.11. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Tower Semiconductor?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tower Semiconductor in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tower Semiconductor.

When is Tower Semiconductor's next earnings date?

Tower Semiconductor is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Tower Semiconductor.

How were Tower Semiconductor's earnings last quarter?

Tower Semiconductor Ltd. (NASDAQ:TSEM) posted its earnings results on Wednesday, May, 13th. The semiconductor company reported $0.20 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.01. The semiconductor company had revenue of $300.17 million for the quarter, compared to analyst estimates of $299 million. Tower Semiconductor had a return on equity of 6.50% and a net margin of 6.61%. View Tower Semiconductor's earnings history.

What guidance has Tower Semiconductor issued on next quarter's earnings?

Tower Semiconductor updated its second quarter 2020 Pre-Market earnings guidance on Wednesday, May, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $294.5-325.5 million, compared to the consensus revenue estimate of $308.1 million.

What price target have analysts set for TSEM?

3 equities research analysts have issued twelve-month target prices for Tower Semiconductor's stock. Their forecasts range from $21.00 to $27.00. On average, they anticipate Tower Semiconductor's share price to reach $24.33 in the next year. This suggests a possible upside of 21.0% from the stock's current price. View analysts' price targets for Tower Semiconductor.

Has Tower Semiconductor been receiving favorable news coverage?

News headlines about TSEM stock have trended very negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tower Semiconductor earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutTower Semiconductor.

Who are some of Tower Semiconductor's key competitors?

Some companies that are related to Tower Semiconductor include IPG Photonics (IPGP), Enphase Energy (ENPH), Solaredge Technologies (SEDG), Mellanox Technologies (MLNX), ON Semiconductor (ON), Inphi (IPHI), United Microelectronics (UMC), Cree (CREE), First Solar (FSLR), SUMCO CORP/ADR (SUOPY), Cirrus Logic (CRUS), Cabot Microelectronics (CCMP), Silicon Laboratories (SLAB), Semtech (SMTC) and Lattice Semiconductor (LSCC). View all competitors.

What other stocks do shareholders of Tower Semiconductor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tower Semiconductor investors own include Alibaba Group (BABA), Micron Technology (MU), Northern Tier Energy (NTI), QUALCOMM (QCOM), NVIDIA (NVDA), VASCO Data Security International (VDSI), Advanced Micro Devices (AMD), Intel (INTC), ON Semiconductor (ON) and T.A.T. Technologies (TATT).

Who are Tower Semiconductor's key executives?

Tower Semiconductor's management team includes the following people:

Mr. Russell C. Ellwanger, CEO & Director (Age 64)
Dr. Itzhak Edrei, Pres (Age 60)
Mr. Oren Shirazi, CFO & Sr. VP of Fin. (Age 49)
Mr. Rafi Mor, Chief Operating Officer (Age 55)
Ms. Noit Levi-Karoubi, VP of Investor Relations & Corp. Communications (Age 35)

What is Tower Semiconductor's stock symbol?

Tower Semiconductor trades on the NASDAQ under the ticker symbol "TSEM."

Who are Tower Semiconductor's major shareholders?

Tower Semiconductor's stock is owned by many different retail and institutional investors. Top institutional investors include Senvest Management LLC (7.54%), Wellington Management Group LLP (7.39%), Ion Asset Management Ltd. (2.58%), Shelter Haven Capital Management L.P. (2.33%), Phoenix Holdings Ltd. (2.02%) and Jennison Associates LLC (1.45%).

Which institutional investors are selling Tower Semiconductor stock?

TSEM stock was sold by a variety of institutional investors in the last quarter, including Phoenix Holdings Ltd., Nuveen Asset Management LLC, Wasatch Advisors Inc., Jane Street Group LLC, Deutsche Bank AG, Senvest Management LLC, Clearbridge Investments LLC, and Two Sigma Advisers LP.

Which institutional investors are buying Tower Semiconductor stock?

TSEM stock was purchased by a variety of institutional investors in the last quarter, including Shelter Haven Capital Management L.P., Ion Asset Management Ltd., Vaughan Nelson Investment Management L.P., Neumeier Poma Investment Counsel LLC, Systematic Financial Management LP, Altshuler Shaham Ltd, Harel Insurance Investments & Financial Services Ltd., and Jennison Associates LLC.

How do I buy shares of Tower Semiconductor?

Shares of TSEM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Tower Semiconductor's stock price today?

One share of TSEM stock can currently be purchased for approximately $20.11.

How big of a company is Tower Semiconductor?

Tower Semiconductor has a market capitalization of $2.15 billion and generates $1.23 billion in revenue each year. The semiconductor company earns $90.05 million in net income (profit) each year or $0.87 on an earnings per share basis. Tower Semiconductor employs 5,586 workers across the globe.

What is Tower Semiconductor's official website?

The official website for Tower Semiconductor is www.towerjazz.com.

How can I contact Tower Semiconductor?

Tower Semiconductor's mailing address is RAMAT GAVRIEL INDUSTRIAL PARK PO BOX 619, MIGDAL HAEMEK L3, 2310502. The semiconductor company can be reached via phone at 972-4650-6109 or via email at [email protected]

This page was last updated on 6/1/2020 by MarketBeat.com Staff