Tower Semiconductor Ltd. (TSEM) Forms $33.44 Double Top; Hallador Energy Co (HNRG)’s Sentiment Is 1

February 2, 2018 - By Jerrie Dane

Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company has market cap of $213.44 million. The firm holds interests in the Oaktown 1 underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; Ace in the Hole mine located near Clay City, Indiana; and Bulldog underground mine located in Vermillion County, Illinois. It has a 27.97 P/E ratio. It is also involved in gas and oil exploration activities in Michigan and Indiana.

Tower Semiconductor Ltd. (TSEM) formed double top with $34.78 target or 4.00% above today’s $33.44 share price. Tower Semiconductor Ltd. (TSEM) has $3.29 billion valuation. The stock decreased 3.74% or $1.3 during the last trading session, reaching $33.44. About 731,037 shares traded or 42.00% up from the average. Tower Semiconductor Ltd. (NASDAQ:TSEM) has risen 122.17% since February 2, 2017 and is uptrending. It has outperformed by 105.47% the S&P500.

Analysts await Tower Semiconductor Ltd. (NASDAQ:TSEM) to report earnings on February, 12. They expect $0.56 earnings per share, up 7.69% or $0.04 from last year’s $0.52 per share. TSEM’s profit will be $55.10M for 14.93 P/E if the $0.56 EPS becomes a reality. After $0.60 actual earnings per share reported by Tower Semiconductor Ltd. for the previous quarter, Wall Street now forecasts -6.67% negative EPS growth.

Among 7 analysts covering TowerJazz (NASDAQ:TSEM), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. TowerJazz has $46.0 highest and $18 lowest target. $33.83’s average target is 1.17% above currents $33.44 stock price. TowerJazz had 18 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, August 3 by Needham. The stock of Tower Semiconductor Ltd. (NASDAQ:TSEM) earned “Outperform” rating by Credit Suisse on Wednesday, November 15. The rating was maintained by Needham on Friday, June 9 with “Buy”. The rating was initiated by Drexel Hamilton on Tuesday, October 20 with “Buy”. The rating was downgraded by Wells Fargo on Wednesday, August 2 to “Hold”. Oppenheimer initiated the shares of TSEM in report on Tuesday, December 15 with “Outperform” rating. The company was maintained on Wednesday, November 29 by Drexel Hamilton. The rating was maintained by Chardan Capital Markets with “Buy” on Thursday, August 6. Needham maintained the shares of TSEM in report on Wednesday, June 21 with “Buy” rating. Drexel Hamilton maintained it with “Buy” rating and $36.0 target in Tuesday, November 7 report.

Analysts await Hallador Energy Company (NASDAQ:HNRG) to report earnings on March, 9. They expect $0.06 earnings per share, down 86.36% or $0.38 from last year’s $0.44 per share. HNRG’s profit will be $1.79M for 29.83 P/E if the $0.06 EPS becomes a reality. After $0.13 actual earnings per share reported by Hallador Energy Company for the previous quarter, Wall Street now forecasts -53.85% negative EPS growth.

Lubar & Co. Inc holds 18.25% of its portfolio in Hallador Energy Company for 2.79 million shares. Cornercap Investment Counsel Inc owns 177,832 shares or 0.14% of their US portfolio. Moreover, Cove Street Capital Llc has 0.12% invested in the company for 182,114 shares. The New York-based Robotti Robert has invested 0.07% in the stock. Matarin Capital Management Llc, a Connecticut-based fund reported 112,197 shares.

The stock increased 2.58% or $0.18 during the last trading session, reaching $7.16. About 44,283 shares traded. Hallador Energy Company (HNRG) has risen 76.00% since February 2, 2017 and is uptrending. It has outperformed by 59.30% the S&P500.