Tower Semiconductor Ltd. operates as an independent semiconductor foundry focused primarily on specialty process technologies. The Company focuses on producing integrated circuits (ICs) based on the design specifications of its customers. The Company manufactures semiconductors for its customers primarily based on third-party designs. It offers process manufacture geometries of 0.35, 0.50, 0.55, 0.60, 0.80-micron and above on 150 millimeter wafers, 0.35, 0.18. 0.16, 0.13 and 0.11-micron on 200 millimeter wafers, and 65 nanometer and 45 nanometer on 300 millimeter wafers. It also provides design support and technical services. The Company's ICs are incorporated into a range of products in markets, including consumer electronics, personal computers, communications, automotive, industrial and medical device products. The Company has manufacturing facilities in the United States, Israel and Japan.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Semiconductors
- Sub-Industry: N/A
- Symbol: NASDAQ:TSEM
- CUSIP: N/A
- Web: www.towerjazz.com
Capitalization:- Market Cap: $2.93 billion
- Outstanding Shares: 97,892,000
Average Prices:- 50 Day Moving Avg: $27.45
- 200 Day Moving Avg: $24.82
- 52 Week Range: $14.85 - $30.54
P/E:- Trailing P/E Ratio: 15.31
- Foreward P/E Ratio: 12.89
- P/E Growth: 0.96
Sales & Book Value:- Annual Revenue: $1.34 billion
- Price / Sales: 2.18
- Book Value: $8.38 per share
- Price / Book: 3.57
Profitability:- EBIDTA: $417.31 million
- Net Margins: 14.53%
- Return on Equity: 28.28%
- Return on Assets: 14.32%
Debt:- Debt-to-Equity Ratio: 0.37%
- Current Ratio: 3.18%
- Quick Ratio: 2.63%
Misc:- Average Volume: 832,723 shs.
- Beta: 1.02
- Short Ratio: 1.91
Frequently Asked Questions for Tower Semiconductor (NASDAQ:TSEM)
What is Tower Semiconductor's stock symbol?
Tower Semiconductor trades on the NASDAQ under the ticker symbol "TSEM."
How were Tower Semiconductor's earnings last quarter?
Tower Semiconductor Ltd. (NASDAQ:TSEM) issued its earnings results on Thursday, August, 3rd. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.03. The business earned $345.10 million during the quarter, compared to analysts' expectations of $344.98 million. Tower Semiconductor had a net margin of 14.53% and a return on equity of 28.28%. The company's revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.45 EPS. View Tower Semiconductor's Earnings History.
When will Tower Semiconductor make its next earnings announcement?
Where is Tower Semiconductor's stock going? Where will Tower Semiconductor's stock price be in 2017?
2 brokers have issued 12 month price objectives for Tower Semiconductor's shares. Their forecasts range from $28.00 to $35.00. On average, they anticipate Tower Semiconductor's stock price to reach $31.50 in the next year. View Analyst Ratings for Tower Semiconductor.
Who are some of Tower Semiconductor's key competitors?
Some companies that are related to Tower Semiconductor include Microsemi Corporation (MSCC), Jabil Circuit (JBL), Siliconware Precision Industries Company (SPIL), Cypress Semiconductor Corporation (CY), Cavium (CAVM), Monolithic Power Systems (MPWR), Integrated Device Technology (IDTI), Silicon Laboratories (SLAB), Advanced Energy Industries (AEIS), Sanmina Corporation (SANM), Vishay Intertechnology (VSH), Cree (CREE), Semtech Corporation (SMTC), Mellanox Technologies (MLNX), Rogers Corporation (ROG), Power Integrations (POWI), Cabot Microelectronics Corporation (CCMP) and Plexus Corp. (PLXS).
Who are Tower Semiconductor's key executives?
Tower Semiconductor's management team includes the folowing people:
- Amir Elstein, Chairman of the Board
- Itzhak Edrei, President
- Russell C. Ellwanger, Chief Executive Officer
- Oren Shirazi, Chief Financial Officer, Senior Vice President - Finance
- Guy Eristoff, Chief Executive Officer of the Company’s Subsidiary
- Rafi Mor, Chief Operation Officer of a Subsidiary
- Marco Racanelli, Newport Beach Site Manager and Senior Vice President and General Manager of RF/High Performance Analog Business Group, General Manager of US Aerospace & Defense Business Unit
- Nati Somekh, Senior Vice President, Chief Legal Officer and Corporate Secretary
- Yossi Netzer, Senior Vice President-Corporate Planning
- Gary Saunders, Senior Vice President-Sales & General Manager of Tower Semiconductor USA
Who owns Tower Semiconductor stock?
Tower Semiconductor's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include
PHOENIX HOLDINGS LTD.
(5.12%), Victory Capital Management Inc. (3.71%), Vanguard Group Inc. (1.96%), Macquarie Group Ltd. (1.71%), Hodges Capital Management Inc. (1.41%) and Renaissance Technologies LLC (1.32%). View Institutional Ownership Trends for Tower Semiconductor.
Who sold Tower Semiconductor stock? Who is selling Tower Semiconductor stock?
Tower Semiconductor's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Victory Capital Management Inc., Tygh Capital Management Inc., RK Capital Management LLC, Wasatch Advisors Inc., Menta Capital LLC, State of Tennessee Treasury Department and HighTower Advisors LLC. View Insider Buying and Selling for Tower Semiconductor.
Who bought Tower Semiconductor stock? Who is buying Tower Semiconductor stock?
Tower Semiconductor's stock was acquired by a variety of institutional investors in the last quarter, including Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management, Bank of Nova Scotia, Vanguard Group Inc., Ion Asset Management Ltd., Lord Abbett & CO. LLC, Pier Capital LLC, Menora Mivtachim Holdings LTD. and Marshall Wace LLP. View Insider Buying and Selling for Tower Semiconductor.
How do I buy Tower Semiconductor stock?
Shares of Tower Semiconductor can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Tower Semiconductor's stock price today?
One share of Tower Semiconductor stock can currently be purchased for approximately $29.90.
MarketBeat Community Rating for Tower Semiconductor (NASDAQ TSEM)MarketBeat's community ratings are surveys of what our community members think about Tower Semiconductor and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Tower Semiconductor (NASDAQ:TSEM) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $31.50 (5.35% upside) |
Analysts' Ratings History for Tower Semiconductor (NASDAQ:TSEM)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/21/2017 | Needham & Company LLC | Reiterated Rating | Buy | $35.00 | Medium |  |
| 1/5/2017 | Drexel Hamilton | Reiterated Rating | Buy | $28.00 | N/A | |
| 2/25/2016 | Oppenheimer Holdings, Inc. | Reiterated Rating | Buy | | N/A | |
| 11/23/2015 | Chardan Capital | Boost Price Target | Buy | $23.00 -> $24.00 | N/A | |
(Data available from 9/24/2015 forward)
Earnings History for Tower Semiconductor (NASDAQ:TSEM)Earnings History by Quarter for Tower Semiconductor (NASDAQ TSEM)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/21/2017 | | | | | | | | |
| 8/3/2017 | 6/30/2017 | $0.50 | $0.53 | $344.98 million | $345.10 million | View | Listen | |
| 5/8/2017 | 3/31/2017 | $0.47 | $0.49 | $330.00 million | $330.10 million | View | Listen | |
| 2/13/2017 | Q416 | $0.48 | $0.52 | $339.90 million | $340.40 million | View | N/A | |
| 11/15/2016 | Q316 | $0.41 | $0.58 | $325.00 million | $326.21 million | View | N/A | |
| 8/4/2016 | Q216 | $0.35 | $0.45 | $300.00 million | $305.00 million | View | N/A | |
| 2/24/2016 | Q415 | $0.63 | $0.88 | $252.70 million | $255.00 million | View | Listen | |
| 11/11/2015 | Q315 | $0.57 | $0.62 | $243.80 million | $244.00 million | View | Listen | |
| 8/5/2015 | Q215 | $0.53 | $0.69 | $234.70 million | $236.00 million | View | N/A | |
| 5/13/2015 | Q115 | $0.51 | $0.78 | $225.20 million | $226.00 million | View | Listen | |
| 2/23/2015 | Q414 | $0.58 | $0.81 | $235.45 million | $235.29 million | View | N/A | |
| 11/13/2014 | Q3 14 | $0.33 | $0.58 | $226.20 million | $226.00 million | View | N/A | |
| 8/4/2014 | Q214 | $0.42 | $0.62 | $228.80 million | $234.10 million | View | N/A | |
| 5/15/2014 | Q114 | $0.30 | $0.81 | $133.25 million | $132.70 million | View | N/A | |
| 2/27/2014 | Q413 | $0.17 | ($0.62) | $126.20 million | $134.60 million | View | N/A | |
| 11/6/2013 | | $0.48 | $0.21 | | | View | N/A | |
| 8/8/2013 | | $0.36 | $0.45 | | | View | N/A | |
| 5/9/2013 | | ($0.16) | $0.26 | | | View | N/A | |
| 5/17/2012 | | ($0.02) | $0.06 | | | View | N/A | |
| 2/16/2012 | | $0.10 | ($0.05) | | | View | N/A | |
| 11/15/2011 | | $0.15 | $0.14 | | | View | N/A | |
| 8/4/2011 | | $0.12 | $0.15 | | | View | N/A | |
| 5/17/2011 | | | ($0.02) | | | View | N/A | |
| 2/14/2011 | | $0.14 | $0.14 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Tower Semiconductor (NASDAQ:TSEM)2017 EPS Consensus Estimate: $2.04
2018 EPS Consensus Estimate: $2.45
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.46 | $0.48 | $0.47 |
| Q2 2017 | 2 | $0.49 | $0.51 | $0.50 |
| Q3 2017 | 2 | $0.50 | $0.55 | $0.53 |
| Q4 2017 | 2 | $0.50 | $0.59 | $0.55 |
| Q1 2018 | 1 | $0.56 | $0.56 | $0.56 |
| Q2 2018 | 1 | $0.60 | $0.60 | $0.60 |
| Q3 2018 | 1 | $0.64 | $0.64 | $0.64 |
| Q4 2018 | 1 | $0.65 | $0.65 | $0.65 |
(Data provided by Zacks Investment Research)
Dividend History for Tower Semiconductor (NASDAQ:TSEM)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Tower Semiconductor (NASDAQ:TSEM)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Tower Semiconductor (NASDAQ:TSEM)
Latest Headlines for Tower Semiconductor (NASDAQ:TSEM)
| Source: |
|
| Date | Headline |
|---|
 | Contrasting Tower Semiconductor (TSEM) and Integrated Device Technology (IDTI)
www.americanbankingnews.com - September 22 at 12:42 PM |
| Tower Semiconductor Ltd. (TSEM) Expected to Announce Earnings of $0.53 Per Share
www.americanbankingnews.com - September 19 at 4:26 PM |
| Head-To-Head Review: Tower Semiconductor (TSEM) & Its Rivals
www.americanbankingnews.com - September 19 at 8:52 AM |
 | TowerJazz Announces Release of its Advanced 5V 65nm CMOS ... - Nasdaq
www.nasdaq.com - September 14 at 11:47 AM |
 | TowerJazz Announces Release of its Advanced 5V 65nm CMOS and Low Voltage Power Process Addressing LED Lighting, Analog Switch, DC/DC Converter and Load Switch Applications
finance.yahoo.com - September 14 at 11:47 AM |
 | Tower Semiconductor (TSEM) Presents At Drexel Hamilton Telecom, Media & Technology Conference - Slideshow
seekingalpha.com - September 8 at 3:31 PM |
| Tower Semiconductor (TSEM) & Benchmark Electronics (BHE) Financial Review
www.americanbankingnews.com - September 4 at 12:22 AM |
| Tower Semiconductor Ltd. (TSEM) Expected to Announce Quarterly Sales of $355.45 Million
www.americanbankingnews.com - September 3 at 10:52 AM |
| ValuEngine Upgrades Tower Semiconductor Ltd. (TSEM) to Strong-Buy
www.americanbankingnews.com - September 2 at 11:52 AM |
| Craig Hodges: These stock plays are bargains. Here's why
finance.yahoo.com - September 1 at 10:07 AM |
| Tower Semiconductor Ltd. (TSEM) Raised to "Buy" at BidaskClub
www.americanbankingnews.com - August 27 at 5:34 PM |
| ETFs with exposure to Tower Semiconductor Ltd. : August 21, 2017
finance.yahoo.com - August 23 at 12:56 PM |
| Today's Research Reports on Stocks to Watch: 58.com and Tower Semiconductor
finance.yahoo.com - August 23 at 12:56 PM |
 | Tower Semiconductor (TSEM), Tacoma Announce Pact for New 8-inch Fabrication Facility in Nanjing, China - StreetInsider.com
www.streetinsider.com - August 22 at 7:21 AM |
| Tower Semiconductor Ltd. breached its 50 day moving average in a Bullish Manner : TSEM-US : August 15, 2017
finance.yahoo.com - August 16 at 8:26 AM |
| TowerJazz (TSEM) Says DENSO Utilized its 0.18um SiGe Technology to Develop 24GHz Rear and Side Radar Sensor - StreetInsider.com
www.streetinsider.com - August 14 at 8:36 PM |
| TowerJazz Announces DENSO Corporation utilized its Advanced 0.18um SiGe Technology to Develop a 24GHz Rear and Side Radar Sensor
finance.yahoo.com - August 14 at 7:29 AM |
| Analysts Anticipate Tower Semiconductor Ltd. (NASDAQ:TSEM) Will Post Earnings of $0.53 Per Share
www.americanbankingnews.com - August 13 at 4:16 PM |
| Tower Semiconductor Ltd. (NASDAQ:TSEM) Sees Significant Drop in Short Interest
www.americanbankingnews.com - August 12 at 3:08 AM |
| Zacks Investment Research Comments on Tower Semiconductor Ltd.'s Q4 2017 Earnings (NASDAQ:TSEM)
www.americanbankingnews.com - August 10 at 10:46 AM |
 | TowerJazz to Provide Advanced RF and High Performance Analog Solutions for the Fast Growing Automotive Analog ... - GlobeNewswire (press release)
globenewswire.com - August 10 at 9:00 AM |
| Tower Semiconductor Ltd. :TSEM-US: Earnings Analysis: Q2, 2017 By the Numbers : August 9, 2017
finance.yahoo.com - August 10 at 9:00 AM |
| TowerJazz to Provide Advanced RF and High Performance Analog Solutions for the Fast Growing Automotive Analog Device Markets
finance.yahoo.com - August 9 at 8:28 AM |
| TowerJazz (TSEM) Q2 Earnings on Target; Company Guides Up on Q3 Revenues
finance.yahoo.com - August 8 at 7:45 AM |
| Tower Semiconductor Ltd. breached its 50 day moving average in a Bearish Manner : TSEM-US : August 4, 2017
finance.yahoo.com - August 4 at 9:16 AM |
| Tower Semiconductor Ltd. (NASDAQ:TSEM) Posts Earnings Results, Beats Expectations By $0.03 EPS
www.americanbankingnews.com - August 3 at 9:20 PM |
| TowerJazz Announces Records in Revenues, Margins, EBITDA and Free Cash Flow for the Second Quarter and First Half of 2017
finance.yahoo.com - August 3 at 8:13 AM |
| Tower Semiconductor posts 2Q profit
finance.yahoo.com - August 3 at 8:13 AM |
| Investor Network: Tower Semiconductor Ltd to Host Earnings Call
finance.yahoo.com - August 3 at 8:13 AM |
 | Pre-Market Technical Pulse on Semiconductor Stocks -- Semtech, Tower Semiconductor, MaxLinear, and Sequans Communications
www.bizjournals.com - August 2 at 8:05 AM |
| Tower Semiconductor Ltd. (TSEM) Lowered to Hold at BidaskClub
www.americanbankingnews.com - July 29 at 11:10 AM |
| Contrasting Cypress Semiconductor Corporation (CY) & Tower Semiconductor (TSEM)
www.americanbankingnews.com - July 28 at 6:04 PM |
| $344.95 Million in Sales Expected for Tower Semiconductor Ltd. (NASDAQ:TSEM) This Quarter
www.americanbankingnews.com - July 28 at 5:43 PM |
| Tower Semiconductor Ltd. (TSEM) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 27 at 5:41 PM |
| Tower Semiconductor Ltd. (TSEM) Expected to Post Earnings of $0.50 Per Share
www.americanbankingnews.com - July 26 at 12:39 PM |
| ETFs with exposure to Tower Semiconductor Ltd. : July 25, 2017
finance.yahoo.com - July 26 at 9:14 AM |
| Tower Semiconductor Ltd. (NASDAQ:TSEM) Upgraded to Buy by BidaskClub
www.americanbankingnews.com - July 16 at 8:56 PM |
| ETFs with exposure to Tower Semiconductor Ltd. : July 14, 2017
finance.yahoo.com - July 14 at 9:26 PM |
| Tower Semiconductor Ltd. breached its 50 day moving average in a Bullish Manner : TSEM-US : July 13, 2017
finance.yahoo.com - July 13 at 10:43 AM |
| TowerJazz Schedules Second Quarter 2017 Financial Results and Conference Call - GlobeNewswire (press release)
globenewswire.com - July 5 at 6:35 AM |
| Tower Semiconductor Ltd. – Value Analysis (NASDAQ:TSEM) : July 3, 2017
finance.yahoo.com - July 4 at 8:11 AM |
| Zacks: Brokerages Expect Tower Semiconductor Ltd. (TSEM) Will Announce Quarterly Sales of $344.95 Million
www.americanbankingnews.com - July 2 at 9:54 AM |
| Tower Semiconductor Ltd. breached its 50 day moving average in a Bearish Manner : TSEM-US : June 30, 2017
finance.yahoo.com - July 1 at 8:29 AM |
| $0.50 Earnings Per Share Expected for Tower Semiconductor Ltd. (TSEM) This Quarter
www.americanbankingnews.com - June 30 at 9:10 AM |
| Needham & Company LLC Reaffirms Buy Rating for Tower Semiconductor Ltd. (TSEM)
www.americanbankingnews.com - June 21 at 7:44 AM |
| ETFs with exposure to Tower Semiconductor Ltd. : June 14, 2017
finance.yahoo.com - June 15 at 2:41 AM |
| Why Shares of Tower Semiconductor Jumped 16% Last Month
finance.yahoo.com - June 15 at 2:41 AM |
| Tower Semiconductor (TSEM) Presents At Baird's Global Consumer, Technology & Services Conference - Slideshow
seekingalpha.com - June 9 at 9:16 PM |
| Tower Semiconductor Ltd. (TSEM) Stock Rating Reaffirmed by Needham & Company LLC
www.americanbankingnews.com - June 9 at 7:56 AM |
| $344.95 Million in Sales Expected for Tower Semiconductor Ltd. (TSEM) This Quarter
www.americanbankingnews.com - June 8 at 1:30 PM |
Tower Semiconductor (TSEM) Chart for Sunday, September, 24, 2017
