Currently, Tower Semiconductor Ltd [TSEM] is trading at $48.42, up 12.34%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TSEM shares have gain 11.52% over the last week, with a monthly amount glided 8.88%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Tower Semiconductor Ltd [NASDAQ: TSEM] stock has seen the most recent analyst activity on May 10, 2024, when Susquehanna upgraded its rating to a Positive and also boosted its price target to $55 from $36. Previously, Susquehanna started tracking the stock with Neutral rating on February 29, 2024, and set its price target to $36. On October 25, 2023, The Benchmark Company initiated with a Buy rating and assigned a price target of $35 on the stock. Craig Hallum upgraded its rating to a Buy and decreased its price target to $38 on August 17, 2023. Credit Suisse upgraded its rating to a Outperform and raised its price target to $37.50 on January 19, 2021. Credit Suisse downgraded its rating to Neutral for this stock on April 24, 2019. In a note dated January 22, 2019, Needham reiterated an Buy rating on this stock and revised its target price from $20 to $17.
This stock has fluctuated between a low of $22.30 and a high of $48.10 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $49.5 within the next 12 months. Tower Semiconductor Ltd [NASDAQ: TSEM] shares were valued at $48.42 at the most recent close of the market. An investor can expect a potential return of 2.23% based on the average TSEM price forecast.
Analyzing the TSEM fundamentals
Trailing Twelve Months sales for Tower Semiconductor Ltd [NASDAQ:TSEM] were 1.39B which represents -1.68% decline. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.35%, Pretax Profit Margin comes in at 0.39%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.2 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 46.33 points at the first support level, and at 44.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.38, and for the 2nd resistance point, it is at 52.34.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Tower Semiconductor Ltd [NASDAQ:TSEM] is 5.90. Also, the Quick Ratio is 4.94, while the Cash Ratio stands at 0.91. Considering the valuation of this stock, the price to sales ratio is 3.87, the price to book ratio is 2.13 and price to earnings (TTM) ratio is 10.92.
