Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, ON Semiconductor Corp. (NASDAQ: ON) closed at $70.33 down -1.65% from its previous closing price of $71.51. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 3.44 million shares were traded. ON stock price reached its highest trading level at $71.46 during the session, while it also had its lowest trading level at $69.5.
Ratios:
For a deeper understanding of ON Semiconductor Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.15. For the most recent quarter (mrq), Quick Ratio is recorded 1.95 and its Current Ratio is at 3.01. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on July 30, 2024, Reiterated its Buy rating but revised its target price to $90 from $85 previously.
On July 15, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $85 to $77.
Morgan Stanley Downgraded its Equal-Weight to Underweight on July 11, 2024, whereas the target price for the stock was revised from $70 to $65.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 16 ’24 when El-Khoury Hassane sold 1,500 shares for $70.80 per share. The transaction valued at 106,200 led to the insider holds 840,620 shares of the business.
EL-KHOURY LIVING TRUST U/T/A D bought 4,500 shares of ON for $322,740 on Sep 16 ’24. On Jul 31 ’24, another insider, KEETON SIMON, who serves as the Group President, PSG of the company, sold 30,939 shares for $77.94 each. As a result, the insider received 2,411,345 and left with 231,092 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ON now has a Market Capitalization of 30633920512 and an Enterprise Value of 31108585472. As of this moment, ON’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.01, and their Forward P/E ratio for the next fiscal year is 14.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.86 while its Price-to-Book (P/B) ratio in mrq is 3.61. Its current Enterprise Value per Revenue stands at 3.99 whereas that against EBITDA is 10.417.
Stock Price History:
Over the past 52 weeks, ON has reached a high of $95.59, while it has fallen to a 52-week low of $59.34. The 50-Day Moving Average of the stock is -2.54%, while the 200-Day Moving Average is calculated to be -4.52%.
Shares Statistics:
For the past three months, ON has traded an average of 6.64M shares per day and 5699060 over the past ten days. A total of 426.39M shares are outstanding, with a floating share count of 425.62M. Insiders hold about 0.64% of the company’s shares, while institutions hold 98.68% stake in the company. Shares short for ON as of 1726185600 were 24491961 with a Short Ratio of 3.69, compared to 1723680000 on 24014990. Therefore, it implies a Short% of Shares Outstanding of 24491961 and a Short% of Float of 7.670000000000001.
