Tower Semiconductor Ltd. (TSEM) went up 1.06% yesterday: Is this the Most Sought-After Stock Today?

0
13

Tower Semiconductor Ltd. (NASDAQ: TSEM) started the day on November 23, 2022, with a price increase of 1.06% at $43.96. During the day, the stock rose to $44.12 and sunk to $43.50 before settling in for the price of $43.50 at the close. Taking a more long-term approach, TSEM posted a 52-week range of $31.04-$49.13.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.

Sponsored


In the past 5-years timespan, the Technology sector firm’s annual sales growth was 3.80%. Meanwhile, its Annual Earning per share during the time was -7.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 80.10%. This publicly-traded company’s shares outstanding now amounts to $109.42 million, simultaneously with a float of $109.23 million. The organization now has a market capitalization sitting at $4.79 billion. At the time of writing, stock’s 50-day Moving Average stood at $43.04, while the 200-day Moving Average is $45.90.

Tower Semiconductor Ltd. (TSEM) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Semiconductors Industry. Tower Semiconductor Ltd.’s current insider ownership accounts for 19.60%, in contrast to 59.60% institutional ownership.

Tower Semiconductor Ltd. (TSEM) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 6/29/2022, the organization reported $0.58 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.56) by $0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.6 per share during the current fiscal year.

Tower Semiconductor Ltd.’s EPS increase for this current 12-month fiscal period is 80.10% and is forecasted to reach 2.55 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.00% through the next 5 years, which can be compared against the -7.50% growth it accomplished over the previous five years trading on the market.

Tower Semiconductor Ltd. (NASDAQ: TSEM) Trading Performance Indicators

Let’s observe the current performance indicators for Tower Semiconductor Ltd. (TSEM). It’s Quick Ratio in the last reported quarter now stands at 3.00. The Stock has managed to achieve an average true range (ATR) of 0.77. Alongside those numbers, its PE Ratio stands at $20.86, and its Beta score is 0.96. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.84. Similarly, its price to free cash flow for trailing twelve months is now 20.38.

In the same vein, TSEM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.11, a figure that is expected to reach 0.57 in the next quarter, and analysts are predicting that it will be 2.55 at the market close of one year from today.

Technical Analysis of Tower Semiconductor Ltd. (TSEM)

If we take a close look at the recent performances of Tower Semiconductor Ltd. (NASDAQ: TSEM), its last 5-days Average volume was 0.29 million that shows plunge from its year to date volume of 0.81 million. During the previous 9 days, stock’s Stochastic %D was recorded 94.11% While, its Average True Range was 0.78.

LEAVE A REPLY

Please enter your comment!
Please enter your name here