ON Semiconductor Corp (ON) concluded trading on Wednesday at a closing price of $55.52, with 15.29 million shares of worth about $848.64 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.79% during that period and on February 19, 2025 the price saw a gain of about 6.87%. Currently the company’s common shares owned by public are about 422.96M shares, out of which, 418.52M shares are available for trading.
Stock saw a price change of 15.84% in past 5 days and over the past one month there was a price change of 1.63%. Year-to-date (YTD), ON shares are showing a performance of -11.94% which decreased to -31.13% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $46.57 but also hit the highest price of $85.16 during that period. The average intraday trading volume for ON Semiconductor Corp shares is 7.81 million. The stock is currently trading 6.21% above its 20-day simple moving average (SMA20), while that difference is down -5.30% for SMA50 and it goes to -18.83% lower than SMA200.
ON Semiconductor Corp (NASDAQ: ON) currently have 422.96M outstanding shares and institutions hold larger chunk of about 101.20% of that.
The stock has a current market capitalization of $23.40B and its 3Y-monthly beta is at 1.57. PE ratio of stock for trailing 12 months is 15.28, while it has posted earnings per share of $3.63 in the same period. Its PEG reads 1.48 and has Quick Ratio of 3.38 while making debt-to-equity ratio of 0.41. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ON, volatility over the week remained 4.24% while standing at 3.92% over the month.
Stock’s fiscal year EPS is expected to drop by -36.38% while it is estimated to increase by 50.26% in next year. EPS is likely to shrink at an annualized rate of 10.30% for next 5-years, compared to annual growth of 48.17% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by B. Riley Securities on January 24, 2025 offering a Buy rating for the stock and assigned a target price range of between $100 and $90 to it. Coverage by Truist stated ON Semiconductor Corp (ON) stock as a Hold in their note to investors on January 10, 2025, suggesting a price target of $60 for the stock. On November 22, 2024, Wells Fargo Initiated their recommendations, while on November 12, 2024, Loop Capital Initiated their ratings for the stock with a price target of $95. Stock get a Buy rating from TD Cowen on July 30, 2024.
