TSEM - Tower Semiconductor Ltd.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
20.11
+0.15 (+0.75%)
At close: 4:00PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close19.96
Open20.00
Bid19.79 x 800
Ask20.13 x 1000
Day's Range19.83 - 20.26
52 Week Range12.13 - 25.80
Volume375,023
Avg. Volume460,566
Market Cap2.215B
Beta (5Y Monthly)1.41
PE Ratio (TTM)26.81
EPS (TTM)0.75
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateSep 24, 1997
1y Target Est25.50
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-22% Est. Return
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  • GlobeNewswire

    Infinera Leverages Tower Semiconductor SiGe Technology in its Industry-leading 800Gbs Optical Engine

    NEWS ANNOUNCEMENT                                        FOR IMMEDIATE RELEASE.

  • Zacks Small Cap Research

    TSEM: Revenue Growth Should Resume for Tower Semiconductor, But Expect Slower Sales Growth for Smartphones

    By Lisa Thompson NASDAQ:TSEM READ THE FULL TSEM RESEARCH REPORT Q1 revenues came at the midpoint of guidance at $300 million down 3.2% year over year. Q2 guidance for revenues was $310 million plus or minus 5%, and very slightly above street expectations. The company has weathered the pandemic well to date and had not missed a day of production or any meaningful disruption in the supply chain. It

  • Tower Semiconductor Reports Q1 Earnings Beat; Top Analyst Says Buy On Weakness
    SmarterAnalyst

    Tower Semiconductor Reports Q1 Earnings Beat; Top Analyst Says Buy On Weakness

    Tower Semiconductor (TSEM) has reported solid first quarter earning results with Q1 Non-GAAP EPS of $0.20 beating Street forecasts by $0.01. Meanwhile revenue of $300M (-3.3% Y/Y) also surpassed consensus expectations by $2.36M- and reflected 10%, or $19 million, year-over-year organic growth.Looking forward, Tower Semiconductor expects revenues for the second quarter of 2020 to be $310 million, with an upward or downward range of 5%.During the quarter, TSEM began to implement the capacity expansion plan of its 300-millimeter facility, as evidenced by the higher-level investments in equipment to $63 million.“This activity supports existing and future demand, which we see from our customers for our various 300-millimeter platforms, which exceeds our current capacity, with an expected increase in shipments beginning in the third quarter of this year” commented CEO Russell Ellwanger.Following the results, Needham’s Rajvindra Gill highlighted TSEM as “one of the few semiconductor companies that will show growth this year.”He maintained his Tower Semiconductor buy rating and $27 price target, arguing that a strong print and guide is a “significant event considering the uncertain environment.”Unlike most semiconductor companies, TSEM is forecasting sequential growth in 2Q and is expected to grow organically for the year, points out Gill. Moreover, it has not cut its estimates meaningfully because of COVID-19 he says.With shares down 18% year-to-date, the analyst recommends buying TSEM on weakness. Tower Semiconductor is a primary beneficiary of key secular trends, says Gill, including SiGe optical upgrades to 100G/400G for 5G infrastructure build outs and rebound in data center orders, and higher mix of 5G smartphones as total of overall smartphones.Overall the Street has a cautiously optimistic Moderate Buy consensus on the stock, with 2 recent buy ratings and 1 hold rating. The average analyst price target stands at $24.40 (23% upside potential). (See TSEM stock analysis on TipRanks).Related News: Intelsat Sinks 18% On Bankruptcy Filing Intel, Taiwan Semiconductor Said to Be in Talks with Trump to Build U.S. Plants Uber Announces $750M Notes Offering, As GrubHub Takeover Reports Swirl More recent articles from Smarter Analyst: * Netflix Will Now Automatically Cancel Inactive Accounts * Nvidia Sinks Despite Stellar Earnings; Top Analyst Says Buy On Any Weakness * Increased Focus on Health Will Benefit Herbalife, Says Analyst * Starbucks Regains Almost Two-Thirds Of U.S. Same-Store Sales As Stores Reopen

  • Tower Semiconductor Ltd (TSEM) Q1 2020 Earnings Call Transcript
    Motley Fool

    Tower Semiconductor Ltd (TSEM) Q1 2020 Earnings Call Transcript

    Joining us today are Mr. Russell Ellwanger, Tower Semiconductor's CEO; and Mr. Oren Shirazi, CFO. Thank you, and welcome to Tower Semiconductor financial results conference call for the first quarter of 2020. Please note that the first quarter of 2020 financial results have been prepared in accordance with US GAAP.

  • Reuters

    Israeli chipmaker TowerJazz Q1 profit slightly tops estimates

    Israeli chip manufacturer TowerJazz beat quarterly profit estimates by a cent and said the company was not experiencing any interruptions to its ongoing manufacturing despite the coronavirus outbreak. TowerJazz, which specialises in analogue chips used in cars, medical sensors and power management, posted on Wednesday diluted earnings per share excluding one-time items of 20 cents in the first quarter, down from 30 cents a year earlier.

  • Benzinga

    Recap: Tower Semiconductor Q1 Earnings

    Shares of Tower Semiconductor (NASDAQ:TSEM) rose 6.8% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share fell 31.03% year over year to $0.20, which beat the estimate of $0.19.Revenue of $300,171,000 less by 3.20% from the same period last year, which beat the estimate of $297,570,000.Outlook Tower Semiconductor expects Q2 sales of $310 million.Conference Call Details Date: May 13, 2020Time: 08:18 PM ETView more earnings on TSEMWebcast URL: https://edge.media-server.com/mmc/p/8am222mvPrice Action Company's 52-week high was at $25.8052-week low: $12.13Price action over last quarter: down 5.49%Company Profile Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs), based on the design specifications of customers. The company's line of integrated circuits is incorporated into a variety of products and markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. Tower produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. As a complement to its technology offerings, Tower offers services that enable a quick and accurate design cycle. To further assist customers with design and technical support, an integrated team helps clients through the manufacturing cycle.See more from Benzinga * 15 Technology Stocks Moving In Wednesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • GlobeNewswire

    Tower Semiconductor Reports First Quarter 2020 with Year over Year Organic Revenue Growth 

    Revenues of $300 Million; Cash from Operations of $68 Million, EBITDA of $73 Million and Net Profit of $17 Million Guides Second Quarter Sequential Revenue Growth.

  • GlobeNewswire

    HP Indigo selected Tower Semiconductor for their Next-Generation High Resolution Industrial Presses

    NEWS ANNOUNCEMENT                                       FOR IMMEDIATE RELEASE Utilizing Tower Semiconductor’s leading 180nm power management platform providing advanced.

  • GlobeNewswire

    Tower Semiconductor Announces First Quarter 2020 Financial Results and Conference Call

    MIGDAL HAEMEK, Israel – April 20, 2020 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high value analog semiconductor solutions, will issue its first.

  • A Rising Share Price Has Us Looking Closely At Tower Semiconductor Ltd.'s (NASDAQ:TSEM) P/E Ratio
    Simply Wall St.

    A Rising Share Price Has Us Looking Closely At Tower Semiconductor Ltd.'s (NASDAQ:TSEM) P/E Ratio

    Tower Semiconductor (NASDAQ:TSEM) shareholders are no doubt pleased to see that the share price has bounced 38% in the...

  • Why Tower Semiconductor Ltd.’s (NASDAQ:TSEM) Return On Capital Employed Looks Uninspiring
    Simply Wall St.

    Why Tower Semiconductor Ltd.’s (NASDAQ:TSEM) Return On Capital Employed Looks Uninspiring

    Today we'll evaluate Tower Semiconductor Ltd. (NASDAQ:TSEM) to determine whether it could have potential as an...

  • GlobeNewswire

    Tower Semiconductor to Hold an Online Webinar on Company’s Leading Power Management Technology Addressing Market Trends and Requirements for Extended Power and High Voltage Applications

    NEWS ANNOUNCEMENT                                       FOR IMMEDIATE RELEASE The free online webinar will review current and future Power Management ICs market needs in.

  • Tower Semiconductor Bucks Downhill Trend By Reaffirming Q1 Guidance and Growth Rate
    SmarterAnalyst

    Tower Semiconductor Bucks Downhill Trend By Reaffirming Q1 Guidance and Growth Rate

    Tower Semiconductor (TSEM) has given the bulls something to smile about after it reaffirmed its Q1 guidance on a business update call. The company also revealed that it expects quarter-over-quarter growth in 2Q and low double-digit organic growth in 2020.“This is particularly encouraging, given that many other semiconductor names either negatively pre-announced or reduced their Q1 guidance” commented top-rated Needham analyst Rajvindra Gill, telling investors: “We expect TSEM’s strong balance sheet and diverse global operations to withstand potential future disruptions.”As a result the analyst reiterated his TSEM buy rating with a $27 price target. From current levels, TipRanks shows that this suggests significant upside potential of almost 70%.TSEM has benefited from a surge in data center orders for 25G, 100G and 400G SiGE products, partially offset by some weakness in mobile, noted the analyst. And despite near-term volatility, Gill expects TSEM to benefit from the 5G infrastructure roll-out and 5G smartphone RF content growth.What’s more, TSEM indicated that all its factories are operating with no measurable impact from Covid-19. The company added that there have been no interruptions with major supply chain materials or any changes to air and sea freight lines. “Its factories are spread throughout the globe, minimizing potential future disruptions” explained Gill.Related News: Veeco Instruments Issues Quarterly Guidance After Operations Deemed Essential Lockheed Martin Scores $4.7 Billion Defense Contract Modification 3 Penny Stocks With Triple-Digit Upside Potential More recent articles from Smarter Analyst: * Florida’s Disney World Reaches Accord to Furlough 43,000 Workers   * Amazon to Put New Online Grocery Shoppers on Wait List to Meet Surging Demand * Pfizer Joins Virus Vaccine Hunt in Partnership With German Drugmaker * Gilead’s Experimental Coronavirus Drug Shows “Hopeful” Signs in Small Group

  • Here is What Hedge Funds Think About Tower Semiconductor Ltd. (TSEM)
    Insider Monkey

    Here is What Hedge Funds Think About Tower Semiconductor Ltd. (TSEM)

    We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

  • GlobeNewswire

    Tower Semiconductor Releases Design Kits for a Novel Technology that Dramatically Reduces Power Consumption and Die Size of Power Management ICs

    NEWS ANNOUNCEMENT                                       FOR IMMEDIATE RELEASE Offers more than 35% efficiency improvement with record-low RDSon of.

  • A Sliding Share Price Has Us Looking At Tower Semiconductor Ltd.'s (NASDAQ:TSEM) P/E Ratio
    Simply Wall St.

    A Sliding Share Price Has Us Looking At Tower Semiconductor Ltd.'s (NASDAQ:TSEM) P/E Ratio

    Unfortunately for some shareholders, the Tower Semiconductor (NASDAQ:TSEM) share price has dived 43% in the last...

  • GlobeNewswire

    Tower Semiconductor SiGe Technology Adopted by Renesas Electronics for Production of its Market Leading SATCOM RFICs

    NEWS ANNOUNCEMENT                                                                                                                                             FOR.

  • GlobeNewswire

    TowerJazz Announces New Brand Identity

    NEWS ANNOUNCEMENT                                                                                                               FOR IMMEDIATE RELEASE New brand.

  • Tower Semiconductor Ltd. Full-Year Results: Here's What Analysts Are Forecasting For Next Year
    Simply Wall St.

    Tower Semiconductor Ltd. Full-Year Results: Here's What Analysts Are Forecasting For Next Year

    Tower Semiconductor Ltd. (NASDAQ:TSEM) shares fell 8.5% to US$22.24 in the week since its latest yearly results...

  • Zacks Small Cap Research

    TSEM: Growth Should Return to TowerJazz in Q2

    By Lisa Thompson NASDAQ:TSEM READ THE FULL TSEM RESEARCH REPORT TowerJazz's (NASDAQ:TSEM) Q4 revenues came in below the midpoint of guidance, but within the guidance range, disappointing some. If one were to find a reason it would be due to less discrete business that might have been obtained, which in general has lower visibility. Q1 guidance for revenues was $300 million plus or minus 5%, and

  • ACCESSWIRE

    Tower Semiconductor Ltd. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / February 18, 2020 / Tower Semiconductor Ltd. (NASDAQ:TSEM) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February 18, 2020 ...

  • Reuters

    Chipmaker TowerJazz Q4 profit misses estimates, sees 2020 rev growth

    Israeli chip manufacturer TowerJazz missed earnings and revenue estimates in the fourth quarter but sees a return to growth in 2020. TowerJazz, which specialises in analogue chips used in cars, medical sensors and power management, posted on Tuesday diluted earnings per share excluding one-time items of 22 cents in the quarter, down from 41 cents a year earlier.

  • GlobeNewswire

    TowerJazz Reports Full Year 2019 Results with 5% Organic Revenue Growth; Expects Revenue Growth for 2020

    Full Year 2019 Revenues of $1.23 Billion Resulting in Positive Cash from Operations of $291 Million and Free Cash Flow of $119 Million MIGDAL HAEMEK, Israel, Feb. 18, 2020 --.

  • Is Tower Semiconductor Ltd.'s (NASDAQ:TSEM) P/E Ratio Really That Good?
    Simply Wall St.

    Is Tower Semiconductor Ltd.'s (NASDAQ:TSEM) P/E Ratio Really That Good?

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...

  • GlobeNewswire

    TowerJazz, Cadence, and Kyiv Polytechnic Institute (KPI) to Open First Analog Design Lab

    TowerJazz (NASDAQ/TASE: TSEM), the global specialty foundry leader, Igor Sikorsky Kyiv Polytechnic Institute (KPI), the national technical university of Ukraine, and Cadence Design Systems, Inc. (CDNS), today announced a collaboration to open a new analog circuit design lab in Ukraine. The first-of-its-kind lab and corresponding program was formed to provide designers and high-level engineering students with unparalleled access to tools and expertise in IC design. The lab, at the prestigious KPI University, is equipped with advanced hardware and software design tools, providing the most up-to-date setting for analog circuit designers.