As of close of business last night, ON Semiconductor Corporation’s stock clocked out at $81.20, up 4.44% from its previous closing price of $77.75. In other words, the price has increased by $+3.45 from its previous closing price. On the day, 6075399 shares were traded. ON stock price reached its highest trading level at $82.75 during the session, while it also had its lowest trading level at $79.47.
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To gain a deeper understanding of ON’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.38. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.50.
Upgrades & Downgrades
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 02 when KEETON SIMON sold 4,000 shares for $80.00 per share. The transaction valued at 320,000 led to the insider holds 209,781 shares of the business.
COLPITTS BERNARD RAYMOND JR sold 2,111 shares of ON for $143,569 on Oct 07. The Chief Accounting Officer now owns 22,931 shares after completing the transaction at $68.01 per share. On Aug 18, another insider, KEETON SIMON, who serves as the EVP & GM, PSG of the company, sold 4,550 shares for $75.00 each. As a result, the insider received 341,250 and left with 162,791 shares of the company.
As of this moment, ON’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.11, and their Forward P/E ratio for the next fiscal year is 15.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.38 while its Price-to-Book (P/B) ratio in mrq is 5.67.
Stock Price History:
Over the past 52 weeks, ON has reached a high of $87.55, while it has fallen to a 52-week low of $44.76. The 50-Day Moving Average of the stock is 74.82, while the 200-Day Moving Average is calculated to be 66.89.
It appears that ON traded 7.10M shares on average per day over the past three months and 7.29M shares per day over the past ten days. A total of 432.30M shares are outstanding, with a floating share count of 430.73M. Shares short for ON as of Jan 12, 2023 were 20.42M with a Short Ratio of 26.22M, compared to 26.07M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 4.72% and a Short% of Float of 4.74%.
As of right now, 27 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.09 for the current quarter, with a high estimate of $1.16 and a low estimate of $1.03, while EPS last year was $1.22. The consensus estimate for the next quarter is $1.06, with high estimates of $1.22 and low estimates of $0.88.
Analysts are recommending an EPS of between $4.91 and $4.12 for the fiscal current year, implying an average EPS of $4.41. EPS for the following year is $5.13, with 26 analysts recommending between $5.64 and $4.61.
In the current quarter, 25 analysts expect revenue to total $1.93B. It ranges from a high estimate of $2.01B to a low estimate of $1.88B. As of the current estimate, ON Semiconductor Corporation’s year-ago sales were $1.95B, an estimated decrease of -0.90% from the year-ago figure. For the next quarter, 25 analysts are estimating revenue of $1.93B, a decrease of -7.30% less than the figure of -$0.90% in the same quarter last year. There is a high estimate of $2.07B for the next quarter, whereas the lowest estimate is $1.84B.
A total of 30 analysts have provided revenue estimates for ON’s current fiscal year. The highest revenue estimate was $8.29B, while the lowest revenue estimate was $7.58B, resulting in an average revenue estimate of $7.9B. In the same quarter a year ago, actual revenue was $8.33B, down -5.10% from the average estimate. Based on 27 analysts’ estimates, the company’s revenue will be $8.55B in the next fiscal year. The high estimate is $9.24B and the low estimate is $8.05B. The average revenue growth estimate for next year is up 8.20% from the average revenue estimate for this year.