NASDAQ:TSEM - Tower Semiconductor Stock Price, Price Target & More

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

Tower Semiconductor (NASDAQ:TSEM) issued its earnings results on Monday, May, 7th. The semiconductor company reported $0.31 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.36 by $0.05. The semiconductor company earned $312.70 million during the quarter, compared to the consensus estimate of $325.03 million. Tower Semiconductor had a net margin of 20.34% and a return on equity of 21.96%. The firm's revenue for the quarter was down 5.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.48 EPS. View Tower Semiconductor's Earnings History.

Tower Semiconductor is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Tower Semiconductor.

4 equities research analysts have issued 12 month price targets for Tower Semiconductor's shares. Their predictions range from $32.00 to $46.00. On average, they anticipate Tower Semiconductor's share price to reach $39.25 in the next year. View Analyst Ratings for Tower Semiconductor.

Tower Semiconductor saw a decline in short interest in the month of April. As of April 13th, there was short interest totalling 944,807 shares, a decline of 30.2% from the March 30th total of 1,353,095 shares. Based on an average daily trading volume, of 508,465 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.1% of the shares of the company are short sold.

Some companies that are related to Tower Semiconductor include Microsemi (MSCC), SUMCO (SUOPY), First Solar (FSLR), UMC (UMC), Semiconductor Manufacturing International (SMI), Cypress Semiconductor (CY), Cavium (CAVM), Monolithic Power Systems (MPWR), Siliconware Precision Industries (SPIL), Cree (CREE), Silicon Labs (SLAB), Mellanox Technologies (MLNX), Advantest (ATEYY), Integrated Device Technology (IDTI) and AU Optronics (AUO).

News headlines about TSEM stock have trended somewhat positive recently, according to Accern Sentiment. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tower Semiconductor earned a daily sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the semiconductor company an impact score of 50.21 out of 100, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future.

Tower Semiconductor's stock is owned by a variety of of retail and institutional investors. Top institutional investors include HAREL INSURANCE INVESTMENTS & FINANCIAL SERVICES LTD. (5.20%), PHOENIX HOLDINGS LTD. (5.06%), Senvest Management LLC (3.52%), Neuberger Berman Group LLC (2.38%), FIL Ltd (1.59%) and Migdal Insurance & Financial Holdings Ltd. (1.58%). View Institutional Ownership Trends for Tower Semiconductor.

TSEM stock was sold by a variety of institutional investors in the last quarter, including Senvest Management LLC, Victory Capital Management Inc., BlackRock Inc., Lord Abbett & CO. LLC, UBS Group AG, Hodges Capital Management Inc., JPMorgan Chase & Co. and Hsbc Holdings PLC. View Insider Buying and Selling for Tower Semiconductor.

TSEM stock was acquired by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Clal Insurance Enterprises Holdings Ltd, FIL Ltd, Waters Parkerson & CO. LLC, Wells Fargo & Company MN, Highbridge Capital Management LLC, Dimensional Fund Advisors LP and Northern Trust Corp. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of TSEM stock can currently be purchased for approximately $24.52.

Tower Semiconductor has a market capitalization of $2.41 billion and generates $1.39 billion in revenue each year. The semiconductor company earns $298.01 million in net income (profit) each year or $2.21 on an earnings per share basis. Tower Semiconductor employs 5,552 workers across the globe.

Tower Semiconductor's mailing address is RAMAT GAVRIEL INDUSTRIAL PARK PO BOX 619, MIGDAL HAEMEK L3, 23105. The semiconductor company can be reached via phone at 972-4650-6109 or via email at [email protected]