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After finishing at $68.49 in the prior trading day, ON Semiconductor Corp (NASDAQ: ON) closed at $67.02, down -2.15%. In other words, the price has decreased by -$2.15 from its previous closing price. On the day, 6.39 million shares were traded. ON stock price reached its highest trading level at $69.18 during the session, while it also had its lowest trading level at $66.8.
Ratios:
Our goal is to gain a better understanding of ON by taking a closer look at its different ratios. 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, Loop Capital on November 12, 2024, initiated with a Buy rating and assigned the stock a target price of $95.
On July 30, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $85 to $90.
Citigroup Downgraded its Buy to Neutral on July 15, 2024, whereas the target price for the stock was revised from $85 to $77.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 15 ’24 when El-Khoury Hassane sold 1,500 shares for $72.71 per share. The transaction valued at 109,065 led to the insider holds 839,210 shares of the business.
El-Khoury Hassane sold 1,500 shares of ON for $106,200 on Sep 16 ’24. The CEO & President now owns 840,620 shares after completing the transaction at $70.80 per share. On Sep 16 ’24, another insider, EL-KHOURY LIVING TRUST U/T/A D, who serves as the Director of the company, bought 4,500 shares for $71.72 each.
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 29432643584. 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 15.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.48. 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 3.989 whereas that against EBITDA is 10.834.
Stock Price History:
Over the past 52 weeks, ON has reached a high of $86.77, while it has fallen to a 52-week low of $59.34. The 50-Day Moving Average of the stock is -4.92%, while the 200-Day Moving Average is calculated to be -7.54%.
Shares Statistics:
The stock has traded on average 6.11M shares per day over the past 3-months and 5570070 shares per day over the last 10 days, according to various share statistics. A total of 426.39M shares are outstanding, with a floating share count of 423.06M. Insiders hold about 0.64% of the company’s shares, while institutions hold 100.54% stake in the company. Shares short for ON as of 1730332800 were 24208632 with a Short Ratio of 3.96, compared to 1727654400 on 23837171. Therefore, it implies a Short% of Shares Outstanding of 24208632 and a Short% of Float of 7.6499999999999995.
