Tower Semiconductor (NASDAQ:TSEM) Releases Earnings Results, Beats Estimates By $0.03 EPS

Tower Semiconductor (NASDAQ:TSEM) issued its quarterly earnings results on Monday. The semiconductor company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.03, Zacks reports. Tower Semiconductor had a net margin of 14.75% and a return on equity of 8.22%. Tower Semiconductor updated its Q1 2025 guidance to EPS.

Tower Semiconductor Price Performance

NASDAQ:TSEM opened at $48.64 on Monday. The company has a quick ratio of 4.89, a current ratio of 5.82 and a debt-to-equity ratio of 0.05. Tower Semiconductor has a 52 week low of $28.37 and a 52 week high of $55.31. The stock’s 50-day moving average price is $50.76 and its 200-day moving average price is $45.69. The stock has a market capitalization of $5.39 billion, a PE ratio of 26.29 and a beta of 0.88.

Wall Street Analysts Forecast Growth

TSEM has been the topic of a number of research reports. Benchmark reiterated a “buy” rating and issued a $55.00 price objective on shares of Tower Semiconductor in a research note on Thursday, November 14th. Craig Hallum lifted their price objective on Tower Semiconductor from $54.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. StockNews.com cut Tower Semiconductor from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Wedbush reaffirmed an “outperform” rating and set a $60.00 target price on shares of Tower Semiconductor in a report on Monday, February 3rd. Finally, Susquehanna boosted their price target on Tower Semiconductor from $55.00 to $60.00 and gave the company a “positive” rating in a report on Thursday, November 14th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $58.75.

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.