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

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

Tower Semiconductor (NASDAQ:TSEM) posted its earnings results on Monday, May, 7th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.05. The semiconductor company earned $312.70 million during the quarter, compared to analyst estimates of $325.03 million. Tower Semiconductor had a net margin of 20.34% and a return on equity of 21.96%. The business's revenue for the quarter was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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 brokers have issued 1 year price targets for Tower Semiconductor's shares. Their predictions range from $32.00 to $46.00. On average, they anticipate Tower Semiconductor's stock price to reach $39.25 in the next twelve months. View Analyst Ratings for Tower Semiconductor.

Tower Semiconductor saw a decline in short interest in 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 trading volume of 508,465 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.1% of the company's stock 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), Advantest (ATEYY), Integrated Device Technology (IDTI) and AU Optronics (AUO).

Media headlines about TSEM stock have trended positive on Wednesday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tower Semiconductor earned a coverage optimism score of 0.25 on Accern's scale. They also gave news coverage about the semiconductor company an impact score of 45.89 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near 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 bought 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 $24.95.

Tower Semiconductor has a market capitalization of $2.45 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]