Is Tower Semiconductor Stock a Good Investment?
Tower Semiconductor Investment Advice | TSEM |
- Examine Tower Semiconductor's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Tower Semiconductor's leadership team and their track record. Good management can help Tower Semiconductor navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact Tower Semiconductor's business and its evolving consumer preferences.
- Compare Tower Semiconductor's performance and market position to its competitors. Analyze how Tower Semiconductor is positioned in terms of product offerings, innovation, and market share.
- Check if Tower Semiconductor pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Tower Semiconductor's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Tower Semiconductor stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Tower Semiconductor is a good investment.
Sell | Buy |
Examine Tower Semiconductor Stock
Researching Tower Semiconductor's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 60.0% of the company shares are owned by institutional investors. The book value of Tower Semiconductor was at this time reported as 18.27. The company has Price/Earnings To Growth (PEG) ratio of 0.9. Tower Semiconductor last dividend was issued on the 24th of September 1997. The entity had 1:15 split on the 6th of August 2012.
To determine if Tower Semiconductor is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Tower Semiconductor's research are outlined below:
| Tower Semiconductor generated a negative expected return over the last 90 days | |
| Tower Semiconductor is unlikely to experience financial distress in the next 2 years | |
| About 60.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Israel stocks lower at close of trade TA 35 down 0.09 percent By Investing ... - Investing.com |
Tower Semiconductor Quarterly Cost of Revenue |
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Tower Semiconductor uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Tower Semiconductor. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Tower Semiconductor's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of November 2023 Upcoming Quarterly Report | View | |
| 15th of February 2024 Next Financial Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of June 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Tower Semiconductor's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Tower Semiconductor's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-02-17 | 2019-12-31 | 0.25 | 0.22 | -0.03 | 12 | ||
2021-11-08 | 2021-09-30 | 0.37 | 0.41 | 0.04 | 10 | ||
2016-08-04 | 2016-06-30 | 0.34 | 0.39 | 0.05 | 14 | ||
2017-05-08 | 2017-03-31 | 0.43 | 0.49 | 0.06 | 13 | ||
2014-05-05 | 2014-03-31 | 0.3 | 0.24 | -0.06 | 20 | ||
2014-02-27 | 2013-12-31 | 0.28 | 0.34 | 0.06 | 21 | ||
2017-11-07 | 2017-09-30 | 0.52 | 0.59 | 0.07 | 13 | ||
2022-02-16 | 2021-12-31 | 0.46 | 0.55 | 0.09 | 19 |
Tower Semiconductor's SEC filings
Before you invest in Tower Semiconductor, make sure you check Tower Semiconductor'srecent SEC filings. These artifacts are important regulatory documents required of all public companies to provide to potential investors. Tower Semiconductor prospectus issued under the guidelines of the SEC is a legal declaration of facts and statements to ensure that Tower Semiconductor investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Tower Semiconductor's specific information freely available to individual and institutional investors to make a timely investment decision.
| 11th of September 2023 Other Events | View | |
| 10th of August 2023 Unclassified Corporate Event | View |
Tower Semiconductor Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Tower target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Tower Semiconductor's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| Buy |
Most Tower analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Tower stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Tower Semiconductor, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationTower Semiconductor Target Price Projection
Tower Semiconductor's current and average target prices are 25.87 and 34.33, respectively. The current price of Tower Semiconductor is the price at which Tower Semiconductor is currently trading. On the other hand, Tower Semiconductor's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Tower Semiconductor Market Quote on 21st of September 2023
Target Price
Analyst Consensus On Tower Semiconductor Target Price
Tower Semiconductor Analyst Ratings
Tower Semiconductor's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Tower Semiconductor stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Tower Semiconductor's financials, market performance, and future outlook by experienced professionals. Tower Semiconductor's historical ratings below, therefore, can serve as a valuable tool for investors.Know Tower Semiconductor's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Tower Semiconductor is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tower Semiconductor backward and forwards among themselves. Tower Semiconductor's institutional investor refers to the entity that pools money to purchase Tower Semiconductor's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Last Transaction | Type | Shares | Value | Australiansuper Pty Ltd | 2023-03-31 | Common Shares | 142.1 K | 587.9 M | Uss Investment Management Ltd | 2022-09-30 | Common Shares | 57.5 K | 252.2 M | Clal Insurance Enterprises Holdings Ltd | 2023-06-30 | Common Shares | 6.7 M | 247.4 M | Jpmorgan Chase Co | 2023-06-30 | Common Shares | 5.6 M | 210.7 M | Vanguard Group Inc | 2023-06-30 | Common Shares | 3.6 M | 134.9 M | Phoenix Holdings Ltd | 2023-06-30 | Common Shares | 3.4 M | 128.6 M | Franklin Resources Inc | 2023-06-30 | Common Shares | 2.6 M | 98.3 M | Senvest Management Llc | 2023-06-30 | Common Shares | 2.6 M | 95.9 M | Jennison Associates Llc | 2023-06-30 | Common Shares | 2 M | 76 M | Alpine Associates Management Inc | 2023-06-30 | Common Shares | 1.7 M | 63 M | Meitav Investment House Ltd 1 | 2023-06-30 | Common Shares | 1.6 M | 58.2 M |
Tower Semiconductor's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tower Semiconductor's market, we take the total number of its shares issued and multiply it by Tower Semiconductor's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Tower Semiconductor's profitablity analysis
Tower Semiconductor's profitability indicators refer to fundamental financial ratios that showcase Tower Semiconductor's ability to generate income relative to its revenue or operating costs. If, let's say, Tower Semiconductor is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Tower Semiconductor's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Tower Semiconductor's profitability requires more research than a typical breakdown of Tower Semiconductor's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for 2023 | ||
| Return on Average Assets | 0.11 | 0.12 | |
| Return on Average Equity | 0.15 | 0.16 | |
| Return on Invested Capital | 0.15 | 0.16 | |
| Return on Sales | 0.18 | 0.20 |
Determining Tower Semiconductor's profitability involves analyzing its financial statements and using various financial metrics to determine if Tower Semiconductor is a good buy. For example, gross profit margin measures Tower Semiconductor's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Tower Semiconductor's profitability and make more informed investment decisions.
The data published in Tower Semiconductor's official financial statements usually reflect Tower Semiconductor's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Tower Semiconductor. For example, before you start analyzing numbers published by Tower accountants, it's critical to develop an understanding of what Tower Semiconductor's liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of Tower Semiconductor's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tower Semiconductor's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Tower Semiconductor's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tower Semiconductor. Please utilize our Beneish M Score to check the likelihood of Tower Semiconductor's management manipulating its earnings.
Evaluate Tower Semiconductor's management efficiency
Tower Semiconductor has return on total asset (ROA) of 0.071 % which means that it generated a profit of $0.071 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1528 %, meaning that it created $0.1528 on every $100 dollars invested by stockholders. Tower Semiconductor's management efficiency ratios could be used to measure how well Tower Semiconductor manages its routine affairs as well as how well it operates its assets and liabilities. As of 21st of September 2023, Return on Average Assets is likely to grow to 0.12. Also, Return on Average Equity is likely to grow to 0.16. Tower Semiconductor Goodwill and Intangible Assets are very stable at the moment as compared to the past year. Tower Semiconductor reported last year Goodwill and Intangible Assets of 14.03 Million. As of 21st of September 2023, Tax Assets is likely to grow to about 82.6 M, while Current Assets are likely to drop about 1.3 B.| Last Reported | Projected for 2023 | ||
| Book Value per Share | 17.27 | 15.01 | |
| Enterprise Value over EBIT | 15.00 | 15.68 | |
| Enterprise Value over EBITDA | 7.72 | 7.60 | |
| Price to Book Value | 2.50 | 2.49 | |
| Tangible Assets Book Value per Share | 23.17 | 20.26 | |
| Enterprise Value | 4.6 B | 5 B | |
| Tangible Asset Value | 2.5 B | 2.2 B |
The analysis of Tower Semiconductor's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Tower Semiconductor's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Tower Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Short Long Term Debt Total 272.3 M | Income Tax Expense 25.5 M | Interest Expense 19.7 M | Total Operating Expenses 164.2 M | Other Operating Expenses 1.4 B |
Basic technical analysis of Tower Stock
As of the 21st of September, Tower Semiconductor has the Variance of 4.96, coefficient of variation of (329.19), and Risk Adjusted Performance of (0.17). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tower Semiconductor, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Tower Semiconductor, which can be compared to its competition. Please validate Tower Semiconductor risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Tower Semiconductor is priced more or less accurately, providing market reflects its prevalent price of 25.87 per share. Given that Tower Semiconductor has information ratio of (0.31), we advise you to double-check Tower Semiconductor's current market performance to make sure the company can sustain itself at a future point.Understand Tower Semiconductor's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Tower Semiconductor's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.17) | |||
| Market Risk Adjusted Performance | (0.50) | |||
| Mean Deviation | 1.48 | |||
| Coefficient Of Variation | (329.19) | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.96 | |||
| Information Ratio | (0.31) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.51) | |||
| Maximum Drawdown | 16.32 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 2.49 | |||
| Skewness | (1.07) | |||
| Kurtosis | 6.01 |
| Risk Adjusted Performance | (0.17) | |||
| Market Risk Adjusted Performance | (0.50) | |||
| Mean Deviation | 1.48 | |||
| Coefficient Of Variation | (329.19) | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.96 | |||
| Information Ratio | (0.31) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.51) | |||
| Maximum Drawdown | 16.32 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 2.49 | |||
| Skewness | (1.07) | |||
| Kurtosis | 6.01 |
Tower Stock media impact
Far too much social signal, news, headlines, and media speculation about Tower Semiconductor that are available to investors today. That information is available publicly through Tower media outlets and privately through word of mouth or via Tower internal channels. However, regardless of the origin, that massive amount of Tower data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Tower Semiconductor news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Tower Semiconductor relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Tower Semiconductor's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Tower Semiconductor alpha.
Tower Semiconductor Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Tower Semiconductor can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Tower Semiconductor Historical Investor Sentiment
Investor biases related to Tower Semiconductor's public news can be used to forecast risks associated with an investment in Tower. The trend in average sentiment can be used to explain how an investor holding Tower can time the market purely based on public headlines and social activities around Tower Semiconductor. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tower Semiconductor's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tower Semiconductor and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Tower Semiconductor news discussions. The higher the estimate score, the more favorable the investor's outlook on Tower Semiconductor.
Tower Semiconductor Maximum Pain Price across 2023-10-20 Option Contracts
Tower Semiconductor's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Tower Semiconductor close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Tower Semiconductor's options.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tower Semiconductor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tower Semiconductor's short interest history, or implied volatility extrapolated from Tower Semiconductor options trading.
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tower Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide. Note that the Tower Semiconductor information on this page should be used as a complementary analysis to other Tower Semiconductor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Tower Stock analysis
When running Tower Semiconductor's price analysis, check to measure Tower Semiconductor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tower Semiconductor is operating at the current time. Most of Tower Semiconductor's value examination focuses on studying past and present price action to predict the probability of Tower Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tower Semiconductor's price. Additionally, you may evaluate how the addition of Tower Semiconductor to your portfolios can decrease your overall portfolio volatility.
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Is Tower Semiconductor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tower Semiconductor. If investors know Tower will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tower Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Earnings Share 2.47 | Revenue Per Share 14.048 | Quarterly Revenue Growth (0.16) | Return On Assets 0.071 |
The market value of Tower Semiconductor is measured differently than its book value, which is the value of Tower that is recorded on the company's balance sheet. Investors also form their own opinion of Tower Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Tower Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tower Semiconductor's market value can be influenced by many factors that don't directly affect Tower Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Tower Semiconductor's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Tower Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tower Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.