Currently, there are 422.96M common shares owned by the public and among those 418.60M shares have been available to trade.
The company’s stock has a 5-day price change of 3.03% and -19.88% over the past three months. ON shares are trading -15.31% year to date (YTD), with the 12-month market performance down to -31.20% lower. It has a 12-month low price of $46.57 and touched a high of $85.16 over the same period. ON has an average intraday trading volume of 8.14 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.51%, -7.76%, and -21.66% respectively.
Institutional ownership of ON Semiconductor Corp (NASDAQ: ON) shares accounts for 101.20% of the company’s 422.96M shares outstanding.
It has a market capitalization of $22.50B and a beta (3y monthly) value of 1.57. The stock’s trailing 12-month PE ratio is 14.70, while the earnings-per-share (ttm) stands at $3.63. The company has a PEG of 1.43 and a Quick Ratio of 3.38 with the debt-to-equity ratio at 0.41. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.81% over the week and 4.18% over the month.
Analysts forecast that ON Semiconductor Corp (ON) will achieve an EPS of 0.5 for the current quarter, 0.53 for the next quarter and 3.87 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.48 while analysts give the company a high EPS estimate of 0.48. Comparatively, EPS for the current quarter was 1.08 a year ago. Earnings per share for the fiscal year are expected to decrease by -36.38%, and 50.26% over the next financial year. EPS should shrink at an annualized rate of 10.30% over the next five years, compared to 48.17% over the past 5-year period.
Looking at the support for the ON, a number of firms have released research notes about the stock. B. Riley Securities stated their Buy rating for the stock in a research note on January 24, 2025, with the firm’s price target at $100-$90. Truist coverage for the ON Semiconductor Corp (ON) stock in a research note released on January 10, 2025 offered a Hold rating with a price target of $60. Wells Fargo was of a view on November 22, 2024 that the stock is Overweight, while Loop Capital gave the stock Buy rating on November 12, 2024, issuing a price target of $95. TD Cowen on their part issued Buy rating on July 30, 2024.
