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The closing price of ON Semiconductor Corp (NASDAQ: ON) was $67.02 for the day, down -1.30% from the previous closing price of $67.90. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 3.66 million shares were traded. ON stock price reached its highest trading level at $67.95 during the session, while it also had its lowest trading level at $66.99.
Ratios:
Our analysis of ON’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.47. 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, Wells Fargo on November 22, 2024, initiated with a Overweight rating and assigned the stock a target price of $85.
On November 12, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $95.
TD Cowen reiterated its Buy rating for the stock on July 30, 2024, while the target price for the stock was revised from $85 to $90.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 28536913920 and an Enterprise Value of 28785432576. As of this moment, ON’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.63, and their Forward P/E ratio for the next fiscal year is 15.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.87 while its Price-to-Book (P/B) ratio in mrq is 3.32. Its current Enterprise Value per Revenue stands at 3.902 whereas that against EBITDA is 10.596.
Stock Price History:
Over the past 52 weeks, ON has reached a high of $86.10, while it has fallen to a 52-week low of $59.34. The 50-Day Moving Average of the stock is -2.53%, while the 200-Day Moving Average is calculated to be -5.59%.
Shares Statistics:
ON traded an average of 6.34M shares per day over the past three months and 6940810 shares per day over the past ten days. A total of 425.65M shares are outstanding, with a floating share count of 423.11M. Insiders hold about 0.63% of the company’s shares, while institutions hold 100.97% stake in the company. Shares short for ON as of 1732838400 were 25532317 with a Short Ratio of 4.14, compared to 1730332800 on 24208632. Therefore, it implies a Short% of Shares Outstanding of 25532317 and a Short% of Float of 8.06.
