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

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

Tower Semiconductor Ltd. (NASDAQ:TSEM) released its quarterly earnings data on Monday, May, 7th. The semiconductor company reported $0.31 earnings per share for the quarter, missing analysts' consensus estimates 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 quarterly revenue was down 5.3% on a year-over-year basis. During the same period last year, the business posted $0.48 earnings per share. 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 Wall Street analysts have issued 12-month price targets for Tower Semiconductor's stock. Their forecasts range from $32.00 to $46.00. On average, they expect Tower Semiconductor's stock price to reach $39.25 in the next twelve months. View Analyst Ratings for Tower Semiconductor.

Tower Semiconductor saw a increase in short interest in May. As of May 15th, there was short interest totalling 1,014,860 shares, an increase of 38.6% from the April 30th total of 732,165 shares. Based on an average daily volume of 2,086,995 shares, the days-to-cover ratio is presently 0.5 days. Approximately 1.2% of the shares of the company are sold short.

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 Laboratories (SLAB), Mellanox Technologies (MLNX), Integrated Device Technology (IDTI), Advantest (ATEYY) and AU Optronics (AUO).

News coverage about TSEM stock has been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tower Semiconductor earned a news sentiment score of 0.13 on Accern's scale. They also gave news articles about the semiconductor company an impact score of 46.77 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Tower Semiconductor's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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 $25.43.

Tower Semiconductor has a market capitalization of $2.49 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]