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
- Market Cap: $2.79882 billion
- Outstanding Shares: 97,892,000
- 50 Day Moving Avg: $27.45
- 200 Day Moving Avg: $24.82
- 52 Week Range: $14.85 - $30.54
Sales & Book Value:
- Trailing P/E Ratio: 15.26
- Foreward P/E Ratio: 13.51
- P/E Growth: 0.98
- Annual Revenue: $1.34 billion
- Price / Sales: 2.16
- Book Value: $8.38 per share
- Price / Book: 3.53
- EBIDTA: $417.31 million
- Net Margins: 14.53%
- Return on Equity: 28.28%
- Return on Assets: 14.32%
- Debt-to-Equity Ratio: 0.37%
- Current Ratio: 3.18%
- Quick Ratio: 2.63%
- 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) posted its quarterly earnings data on Thursday, August, 3rd. The company reported $0.53 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.50 by $0.03. The company had revenue of $345.10 million for the quarter, compared to analyst estimates of $344.98 million. Tower Semiconductor had a net margin of 14.53% and a return on equity of 28.28%. The firm's revenue for the quarter was up 13.1% on a year-over-year basis. During the same period in the prior year, the company 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 brokerages have issued 1-year price objectives for Tower Semiconductor's shares. Their forecasts range from $28.00 to $35.00. On average, they anticipate Tower Semiconductor's share 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 Semiconductor Manufacturing International Corporation (SMI), 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), Mellanox Technologies (MLNX), Semtech Corporation (SMTC), Rogers Corporation (ROG), Power Integrations (POWI), Cabot Microelectronics Corporation (CCMP), Plexus Corp. (PLXS) and Celestica (CLS).
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 many different of institutional and retail 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 bought 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?
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.
One share of Tower Semiconductor stock can currently be purchased for approximately $29.59.
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 (6.45% upside)|
Analysts' Ratings History for Tower Semiconductor (NASDAQ:TSEM)
(Data available from 9/21/2015 forward)
|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|
Earnings History for Tower Semiconductor (NASDAQ:TSEM)Earnings History by Quarter for Tower Semiconductor (NASDAQ TSEM)
(Data available from 1/1/2011 forward)
|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|
Earnings Estimates for Tower Semiconductor (NASDAQ:TSEM)
2017 EPS Consensus Estimate: $2.04
2018 EPS Consensus Estimate: $2.45
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
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)
|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) Presents At The Needham & Company Automotive Tech Day - Slideshow|
seekingalpha.com - June 8 at 1:29 AM
Tower Semiconductor (TSEM) Chart for Thursday, September, 21, 2017