Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, ON Semiconductor Corp (NASDAQ: ON) closed at $47.04 down -8.21% from its previous closing price of $51.25. In other words, the price has decreased by -$8.21 from its previous closing price. On the day, 23.75 million shares were traded. ON stock price reached its highest trading level at $51.0 during the session, while it also had its lowest trading level at $46.57.
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 7.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.98. For the most recent quarter (mrq), Quick Ratio is recorded 2.02 and its Current Ratio is at 3.07. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.33.
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, B. Riley Securities on January 24, 2025, Reiterated its Buy rating but revised its target price to $90 from $100 previously.
On January 10, 2025, Truist Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $85 to $60.
On November 22, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $85.Wells Fargo initiated its Overweight rating on November 22, 2024, with a $85 target price.
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 Dec 17 ’24 when KEETON SIMON sold 28,000 shares for $68.56 per share. The transaction valued at 1,919,789 led to the insider holds 203,182 shares of the business.
GOPALSWAMY SUDHIR sold 21,082 shares of ON for $1,426,041 on Dec 17 ’24. The Group President, AMG & ISG now owns 94,774 shares after completing the transaction at $67.64 per share. On Dec 17 ’24, another insider, El-Khoury Hassane, who serves as the CEO & President of the company, sold 1,500 shares for $70.00 each. As a result, the insider received 105,000 and left with 836,210 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 19823644672 and an Enterprise Value of 22717818880. As of this moment, ON’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.67, and their Forward P/E ratio for the next fiscal year is 9.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.71 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 3.079 whereas that against EBITDA is 8.363.
Stock Price History:
The Beta on a monthly basis for ON is 1.58, which has changed by -0.34788144 over the last 52 weeks, in comparison to a change of 0.21659255 over the same period for the S&P500. Over the past 52 weeks, ON has reached a high of $85.16, while it has fallen to a 52-week low of $49.80. The 50-Day Moving Average of the stock is -22.76%, while the 200-Day Moving Average is calculated to be -31.73%.
Shares Statistics:
For the past three months, ON has traded an average of 7.28M shares per day and 8470140 over the past ten days. A total of 425.65M shares are outstanding, with a floating share count of 422.91M. Insiders hold about 0.68% of the company’s shares, while institutions hold 101.19% stake in the company. Shares short for ON as of 1736899200 were 28480962 with a Short Ratio of 3.91, compared to 1734048000 on 26206032. Therefore, it implies a Short% of Shares Outstanding of 28480962 and a Short% of Float of 9.0.
