Tower Semiconductor (NASDAQ:TSEM) Trading Down 15.9% - Here's Why

Tower Semiconductor Ltd. (NASDAQ:TSEM - Get Free Report)'s stock price was down 15.9% during trading on Monday . The company traded as low as $46.10 and last traded at $46.03. Approximately 925,000 shares traded hands during mid-day trading, an increase of 46% from the average daily volume of 633,497 shares. The stock had previously closed at $54.74.Get Tower Semiconductor alerts:Wall Street Analysts Forecast Growth4 deep values for opportunistic investingA number of research analysts recently commented on TSEM shares. Susquehanna increased their price target on shares of Tower Semiconductor from $55.00 to $60.00 and gave the company a "positive" rating in a report on Thursday, November 14th. Craig Hallum increased their price target on shares of Tower Semiconductor from $54.00 to $60.00 and gave the company a "buy" rating in a report on Thursday, November 14th. StockNews.com downgraded shares of Tower Semiconductor from a "buy" rating to a "hold" rating in a report on Tuesday, November 12th. Finally, Benchmark restated a "buy" rating and set a $55.00 target price on shares of Tower Semiconductor in a research report on Thursday, November 14th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $58.33.Read Our Latest Research Report on Tower SemiconductorTower Semiconductor Stock PerformanceLeft for dead, Tower Semiconductor is a phoenix rising The company has a quick ratio of 4.89, a current ratio of 5.82 and a debt-to-equity ratio of 0.05. The business has a 50 day simple moving average of $50.52 and a two-hundred day simple moving average of $45.28. The firm has a market cap of $5.19 billion, a PE ratio of 25.33 and a beta of 0.89. Tower Semiconductor (NASDAQ:TSEM - Get Free Report) last released its earnings results on Wednesday, November 13th. The semiconductor company reported $0.57 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.12. Tower Semiconductor had a return on equity of 8.22% and a net margin of 14.75%. The business had revenue of $370.50 million for the quarter, compared to analyst estimates of $370.30 million. During the same quarter last year, the firm posted $0.47 earnings per share. The business's revenue was up 3.4% compared to the same quarter last year. As a group, equities research analysts forecast that Tower Semiconductor Ltd. will post 1.77 earnings per share for the current fiscal year. Hedge Funds Weigh In On Tower Semiconductor3 Industries Leading the Stock Market ReboundA number of hedge funds and other institutional investors have recently made changes to their positions in TSEM. Transcendent Capital Group LLC bought a new position in shares of Tower Semiconductor during the 3rd quarter worth $27,000. USA Financial Formulas bought a new position in shares of Tower Semiconductor during the 3rd quarter worth $38,000. R Squared Ltd bought a new stake in Tower Semiconductor during the fourth quarter valued at about $61,000. Blue Trust Inc. boosted its position in Tower Semiconductor by 319.3% during the third quarter. Blue Trust Inc. now owns 1,807 shares of the semiconductor company's stock valued at $80,000 after purchasing an additional 1,376 shares in the last quarter. Finally, Signaturefd LLC boosted its position in Tower Semiconductor by 21.1% during the third quarter. Signaturefd LLC now owns 2,472 shares of the semiconductor company's stock valued at $109,000 after purchasing an additional 431 shares in the last quarter. Institutional investors own 70.51% of the company's stock. Tower Semiconductor Company Profile (Get Free Report)Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS.See AlsoFive stocks we like better than Tower SemiconductorInsider Selling Explained: Can it Inform Your Investing Choices?How to Short Sell Stocks Like a Pro: Strategies and Tips Stock Sentiment Analysis: How it Works3 Steel Stocks Soaring After Tariff AnnouncementsWant to Profit on the Downtrend? Downtrends, Explained.Top Analysts’ Picks for 2025: 3 of Morgan Stanley's FavoritesThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Tower Semiconductor Right Now?Before you consider Tower Semiconductor, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tower Semiconductor wasn't on the list.While Tower Semiconductor currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here