Tower Semiconductor (TSEM) Scheduled to Post Quarterly Earnings on Wednesday

Tower Semiconductor (NASDAQ:TSEM) is scheduled to announce its earnings results before the market opens on Wednesday, November 13th. Analysts expect the company to announce earnings of $0.45 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Tower Semiconductor Price Performance

TSEM stock opened at $41.74 on Wednesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 5.90 and a quick ratio of 4.94. Tower Semiconductor has a one year low of $22.30 and a one year high of $46.53. The stock has a market cap of $4.63 billion, a PE ratio of 9.42 and a beta of 0.90. The firm has a 50 day simple moving average of $43.25 and a two-hundred day simple moving average of $40.00.

Analysts Set New Price Targets

A number of equities analysts have commented on TSEM shares. Benchmark reissued a “buy” rating and issued a $55.00 price target on shares of Tower Semiconductor in a research note on Monday, September 9th. StockNews.com cut shares of Tower Semiconductor from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 19th. Four equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $51.33.

Tower Semiconductor Company Profile

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.