In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
ON Semiconductor Corp (NASDAQ: ON) closed the day trading at $50.55 down -1.31% from the previous closing price of $51.22. In other words, the price has decreased by -$1.31 from its previous closing price. On the day, 9.67 million shares were traded.
Ratios:
For a better understanding of ON, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.57. 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:
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 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 13.91, and their Forward P/E ratio for the next fiscal year is 13.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.01 while its Price-to-Book (P/B) ratio in mrq is 2.43.
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 $46.57. The 50-Day Moving Average of the stock is -11.69%, while the 200-Day Moving Average is calculated to be -25.62%.
Shares Statistics:
A total of 422.96M shares are outstanding, with a floating share count of 418.60M. Insiders hold about 0.67% of the company’s shares, while institutions hold 101.20% stake in the company.
Earnings Estimates
Its stock is currently analyzed by 25.0 different market analysts. 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 $2.98 and $2.29 for the fiscal current year, implying an average EPS of $2.54. EPS for the following year is $3.87, with 26.0 analysts recommending between $5.52 and $3.25.
Revenue Estimates
26 analysts predict $1.4B in revenue for the current 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, 26 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 31 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 $5.98B. In the same quarter a year ago, actual revenue was $7.08BBased on 30 analysts’ estimates, the company’s revenue will be $6.92B in the next fiscal year. The high estimate is $8.41B and the low estimate is $6.4B.
