Market experts has given a mean price target of $24.00 to Tower Semiconductor Ltd. (NASDAQ:TSEM) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.43 for the near-term quarter and $1.54 for this year.
The technical assessment of Tower Semiconductor Ltd. pinpoints that the 50-day moving average of Tower Semiconductor Ltd. (NASDAQ:TSEM) stock is $15.24, and is trading $0.10 points away or +0.68% from 50-day moving average of $15.24. It is trading $2.28 or +17.47% off 200-day MA of $13.06.
The 52-week high of Tower Semiconductor Ltd. (NASDAQ:TSEM) was $16.60 while $10.36 is the low point in the same period. Tower Semiconductor Ltd. share price has to rise more than $-1.26 to register a high for 52-weeks or drop +48.07% to make 52-week low. MA should be referred to as moving average.
Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.
Tower Semiconductor Ltd. (NASDAQ:TSEM) P/E ratio is 9.47 while PEG ratio is at 0.66. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.
Tower Semiconductor Ltd. stock recorded a close of $15.34 in last trading session, which brings it market cap to $1.32B.
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