Tower Semiconductor (NASDAQ:TSEM) versus indie Semiconductor (NASDAQ:INDI) Financial Survey – Defense World
Posted by Defense World Staff on May 31st, 2024
indie Semiconductor (NASDAQ:INDI – Get Free Report) and Tower Semiconductor (NASDAQ:TSEM – Get Free Report) are both computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, analyst recommendations, earnings, profitability and dividends.
indie Semiconductor has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500. Comparatively, Tower Semiconductor has a beta of 0.93, suggesting that its stock price is 7% less volatile than the S&P 500.
67.7% of indie Semiconductor shares are held by institutional investors. Comparatively, 70.5% of Tower Semiconductor shares are held by institutional investors. 8.2% of indie Semiconductor shares are held by insiders. Comparatively, 1.0% of Tower Semiconductor shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
This is a summary of recent ratings and price targets for indie Semiconductor and Tower Semiconductor, as provided by MarketBeat.
indie Semiconductor currently has a consensus target price of $12.64, suggesting a potential upside of 87.30%. Tower Semiconductor has a consensus target price of $46.33, suggesting a potential upside of 23.56%. Given indie Semiconductor’s higher probable upside, equities analysts clearly believe indie Semiconductor is more favorable than Tower Semiconductor.
This table compares indie Semiconductor and Tower Semiconductor’s gross revenue, earnings per share and valuation.
Tower Semiconductor has higher revenue and earnings than indie Semiconductor. indie Semiconductor is trading at a lower price-to-earnings ratio than Tower Semiconductor, indicating that it is currently the more affordable of the two stocks.
This table compares indie Semiconductor and Tower Semiconductor’s net margins, return on equity and return on assets.
Tower Semiconductor beats indie Semiconductor on 8 of the 13 factors compared between the two stocks.
(Get Free Report)
indie Semiconductor, Inc. provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicle, in-cabin, connected car, and electrification applications in the United States, South America, rest of North America, Greater China, South Korea, rest of the Asia Pacific, and Europe. It offers ultrasonic sensors for parking assist and systems; radar sensors for audio assistance and reverse information; front cameras for vehicle detection, collision avoidance, and sign reading; and side/inside cameras for blind spot and lane change assist, and driver behavior monitoring. The company also provides LiDAR for distance, speed, and obstacle detection, collision avoidance, and emergency brake system; and long range RADAR for audio assistance, obstacle detection, and ACC stop and go. In addition, it designs and manufactures photonic components on various technology platforms, including fiber Bragg gratings, low-noise lasers, athermal and tunable packaging, photonic integration, and low-noise and high-speed electronics. The company was founded in 2007 and is headquartered in Aliso Viejo, California.
(Get Free Report)
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. The Company also provides design enablement platform for quick and accurate design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products. The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.
Receive News & Ratings for indie Semiconductor Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for indie Semiconductor and related companies with MarketBeat.com’s FREE daily email newsletter.
Financial Contrast: EastGroup Properties (NYSE:EGP) and NETSTREIT (NYSE:NTST)
TherapeuticsMD (NASDAQ:TXMD) Research Coverage Started at StockNews.com