For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, ON Semiconductor Corp (NASDAQ: ON) closed at $44.91 down -4.55% from its previous closing price of $47.05. In other words, the price has decreased by -$4.55 from its previous closing price. On the day, 11.84 million shares were traded.
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 6.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.61. For the most recent quarter (mrq), Quick Ratio is recorded 3.38 and its Current Ratio is at 5.06. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.41.
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:
As of this moment, ON’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.36, and their Forward P/E ratio for the next fiscal year is 11.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.67 while its Price-to-Book (P/B) ratio in mrq is 2.16.
Stock Price History:
Over the past 52 weeks, ON has reached a high of $85.16, while it has fallen to a 52-week low of $46.04. The 50-Day Moving Average of the stock is -19.86%, while the 200-Day Moving Average is calculated to be -33.56%.
Shares Statistics:
A total of 422.96M shares are outstanding, with a floating share count of 418.44M. Insiders hold about 0.71% of the company’s shares, while institutions hold 101.20% stake in the company.
Earnings Estimates
The current rating of ON Semiconductor Corp (ON) is the result of assessments by 24.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.53, with high estimates of $0.63 and low estimates of $0.43.
Analysts are recommending an EPS of between $2.94 and $2.29 for the fiscal current year, implying an average EPS of $2.52. EPS for the following year is $3.82, with 25.0 analysts recommending between $5.52 and $3.25.
Revenue Estimates
A total of 25 analysts believe the company’s revenue will be $1.4B this quarter.It ranges from a high estimate of $1.43B to a low estimate of $1.39B. As of the current estimate, ON Semiconductor Corp’s year-ago sales were $1.86BFor the next quarter, 25 analysts are estimating revenue of $1.42B. There is a high estimate of $1.5B for the next quarter, whereas the lowest estimate is $1.35B.
A total of 30 analysts have provided revenue estimates for ON’s current fiscal year. The highest revenue estimate was $6.3B, while the lowest revenue estimate was $5.75B, resulting in an average revenue estimate of $5.97B. In the same quarter a year ago, actual revenue was $7.08BBased on 30 analysts’ estimates, the company’s revenue will be $6.8B in the next fiscal year. The high estimate is $8.41B and the low estimate is $4.11B.
