Tower Semiconductor (TSEM) Given News Sentiment Rating of 0.17

Media coverage about Tower Semiconductor (NASDAQ:TSEM) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tower Semiconductor earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 45.894743763865 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news headlines that may have effected Accern’s scoring:

Tower Semiconductor (TSEM) opened at $31.67 on Friday. The company has a market capitalization of $3,100.43, a PE ratio of 16.08, a P/E/G ratio of 0.85 and a beta of 0.92. Tower Semiconductor has a 1-year low of $20.60 and a 1-year high of $36.69. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.34.

Tower Semiconductor (NASDAQ:TSEM) last issued its quarterly earnings results on Tuesday, November 7th. The semiconductor company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.07. The firm had revenue of $354.56 million during the quarter, compared to the consensus estimate of $355.45 million. Tower Semiconductor had a return on equity of 27.82% and a net margin of 14.53%. equities analysts forecast that Tower Semiconductor will post 2.02 EPS for the current fiscal year.

TSEM has been the subject of a number of recent research reports. ValuEngine upgraded Tower Semiconductor from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. BidaskClub upgraded Tower Semiconductor from a “sell” rating to a “hold” rating in a research note on Wednesday, January 31st. Drexel Hamilton increased their target price on Tower Semiconductor from $36.00 to $38.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Needham & Company LLC increased their target price on Tower Semiconductor from $45.00 to $50.00 and gave the company a “strong-buy” rating in a research note on Thursday, November 30th. Finally, Credit Suisse Group increased their target price on Tower Semiconductor from $36.00 to $40.00 and gave the company an “outperform” rating in a research note on Wednesday, November 15th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. Tower Semiconductor has an average rating of “Buy” and a consensus price target of $43.75.

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Tower Semiconductor Company Profile

Tower Semiconductor Ltd. operates as an independent semiconductor foundry focused primarily on specialty process technologies. The Company focuses on producing integrated circuits (ICs) based on the design specifications of its customers. The Company manufactures semiconductors for its customers primarily based on third-party designs.

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