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ON Semiconductor (ON)
NASDAQ:ON
ON Semiconductor (ON) Stock Price & Analysis
4,114 Followers
ON Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$59.34 - $111.35
Previous Close$72.53
Volume6.34M
Average Volume (3M)6.04M
Market Cap
$31.20B
Enterprise Value$31.97B
Total Cash (Recent Filing)$2.61B
Total Debt (Recent Filing)$3.36B
Price to Earnings (P/E)14.8
Beta1.48
Next Earnings
Jul 29, 2024EPS Estimate
$0.92Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.90
Shares Outstanding430,231,889
10 Day Avg. Volume5,876,021
30 Day Avg. Volume6,044,204
Standard Deviation0.14
R-Squared0.42
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)4.71
Price to Sales (P/S)3.57
Price to Cash Flow (P/CF)14.80
P/FCF Ratio26.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.92
Enterprise Value/Gross Profit8.23
Enterprise Value/Ebitda10.14
Forecast
1Y Price Target
$79.63Price Target Upside9.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
ON Semiconductor News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGross margin should stay above management's ~45% floor, with tailwinds from increasing utilization in a recovery, new analog product introductions, SiC cost improvements, and fab transitions.
Growth PotentialOnsemi remains poised for long-term sustainable and profitable growth as it strategically positions its portfolio to address multiple secular growth drivers within Auto, Industrial, and Cloud Power.
Market OpportunitiesSiC revenue was >$800M in 2023; given the dynamic EV landscape, onsemi expects to grow 2x a market growth rate of 20-30%.
Bears Say
Financial PerformanceON's Jun-Q guidance reflects continued cyclical headwinds, perhaps amplified by Tesla's production woes.
Market DemandUtilizations continued trending lower from 72% to 66% in 4Q and should stay in the mid-60% range due to inventory digestion and weaker demand.
Workforce And CostsON Semiconductor announced it will incur $65-80mn in one-time charges associated with actions to cut ~3.3% of its workforce.
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Ownership Overview
2.89% Insiders
39.64% Mutual Funds
31.52% Other Institutional Investors
25.95% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ON FAQ
What was ON Semiconductor’s price range in the past 12 months?
ON Semiconductor lowest stock price was $59.34 and its highest was $111.35 in the past 12 months.
What is ON Semiconductor’s market cap?
Currently, no data Available
When is ON Semiconductor’s upcoming earnings report date?
ON Semiconductor’s upcoming earnings report date is Jul 29, 2024 which is in 7 days.
How were ON Semiconductor’s earnings last quarter?
ON Semiconductor released its earnings results on Apr 29, 2024. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.038 by $0.042.
Is ON Semiconductor overvalued?
According to Wall Street analysts ON Semiconductor’s price is currently Undervalued.
Does ON Semiconductor pay dividends?
ON Semiconductor does not currently pay dividends.
What is ON Semiconductor’s EPS estimate?
ON Semiconductor’s EPS estimate is $0.92.
How many shares outstanding does ON Semiconductor have?
ON Semiconductor has 430,231,900 shares outstanding.
What happened to ON Semiconductor’s price movement after its last earnings report?
ON Semiconductor reported an EPS of $1.08 in its last earnings report, beating expectations of $1.038. Following the earnings report the stock price went up 4.055%.
Which hedge fund is a major shareholder of ON Semiconductor?
Among the largest hedge funds holding ON Semiconductor’s share is Coatue Management, LLC. It holds ON Semiconductor’s shares valued at 41M.
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ON Semiconductor Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$79.63 (9.79% Upside)
$79.63 (9.79% Upside)
Blogger Sentiment
Bullish
ON Sentiment 93%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 60.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $67.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-28.82%
12-Months-Change
Fundamentals
Return on Equity
29.85%
Trailing 12-Months
Asset Growth
9.85%
Trailing 12-Months
Company Description
ON Semiconductor
ON Semiconductor Corp. engages in the design, manufacture, and marketing of portfolio of semiconductor components. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions. The Advanced Solutions Group segment designs and develops analog, mixed-signal, advanced logic, ASSPs and ASICs, Wi-Fi and power solutions for a broad base of end-users in the automotive, consumer, computing, industrial, communications, medical and aerospace/defense markets. The Intelligent Sensing Group segment includes designs and develops CMOS and CCD image sensors, as well as proximity sensors, image signal processors, single photon detectors, including SiPM and SPAD arrays, as well as actuator drivers for autofocus and image stabilization for a broad base of end-users in the automotive, industrial, consumer, wireless, medical and aerospace/defense markets.. The company was founded on August 4, 1999 and is headquartered in Phoenix, AZ.
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ON Company Deck
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ON Earnings Call
Q1 2024
0:00 / 0:00
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ON Revenue Breakdown
53.91% Power Solutions Group
30.15% Advanced Solutions Group
15.94% Intelligent Sensing Group
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ON Stock 12 Month Forecast
Average Price Target
$79.63
▲(9.79% Upside)
Technical Analysis
Best Analysts Covering ON
1 Year
1 Year Success Rate
29/38 ratings generated profit
1 Year Average Return
+43.89%
reiterated a buy rating 5 days ago
Copying Christopher Rolland's trades and holding each position for 1 Year would result in 76.32% of your transactions generating a profit, with an average return of +43.89% per trade.
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