Analysts await Tower Semiconductor Ltd. (NASDAQ:TSEM) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $0.67 EPS, down 13.43% or $0.09 from last year’s $0.76 per share.

At the moment 4 analysts are watching Tower Semiconductor Ltd. (NASDAQ:TSEM), 1 rate it “Buy”, 3 “Outperform”, 0 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 3 analysts have a mean sales target of 289.87 million. For the quarter ending Sep-16, 3 analysts have a mean sales target of 298.53 million whilst for the year ending Dec-16, 3 analysts have a mean target of 1,172.37 million.

In terms of earnings per share, 3 analysts have a 0.74 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 3 analysts have a 0.81 EPS mean target and for the quarter ending Sep-16 there are 3 estimates of 3.08 EPS.

The biggest institutional shareholders in Tower Semiconductor Ltd. include Kirby Enterprises Inc which owns 7 million shares in the company valued at $90.70 million. SENVEST INTERNATIONAL LLC is the second biggest holder with 6 million shares currently valued at 85.44 million whilst RS Investment Management Co. LLC has 5 million shares valued at 63.62 million.

Total shares held by institutions as of the most recent company filings are 41,768,120 with a reported 4,176,672 bought and 4,095,082 sold. These holdings make up 54.25% of the company’s outstanding shares.

The stock increased 1.73% or $0.2 during the last trading session, hitting $11.95. Tower Semiconductor Ltd. (NASDAQ:TSEM) has fallen 18.58% over the past 6 months and is downtrending.