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ON Semiconductor (ON)
NASDAQ:ON
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ON Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$59.34 - $101.30
Previous Close$77.87
Volume4.81M
Average Volume (3M)6.44M
Market Cap
$33.36B
Enterprise Value$34.06B
Total Cash (Recent Filing)$2.68B
Total Debt (Recent Filing)$3.36B
Price to Earnings (P/E)17.7
Beta1.47
Next Earnings
Oct 28, 2024EPS Estimate
$0.97Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.39
Shares Outstanding428,356,117
10 Day Avg. Volume5,168,116
30 Day Avg. Volume6,441,480
Standard Deviation0.14
R-Squared0.40
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)5.14
Price to Sales (P/S)4.28
Price to Cash Flow (P/CF)23.00
P/FCF Ratio40.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.37
Enterprise Value/Gross Profit8.77
Enterprise Value/Ebitda11.81
Forecast
1Y Price Target
$86.40Price Target Upside10.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering21
ON Semiconductor News
Bulls Say, Bears Say
Bulls Say
Business GrowthON Semi won a significant SiC contract with VW, large enough to warrant an expansion of ON's facility in the Czech Republic.
EarningsON Semiconductor reported better 2Q results with improvements in revenues, margins, and EPS, which were slightly above consensus.
Market PositionON’s recent win as the primary supplier for the largest OEM highlights the strength of both a vertical supply chain and module level expertise.
Bears Say
Earnings GuidanceQ3 topline guide of $1.7-$1.8bn is below consensus outlook of $1.78bn despite the modest bar of +2.7% QoQ growth.
Market PerformanceShare performance has lagged the SOX both on a YTD basis and since its 1Q24 results.
Revenue DeclineBoth industrial and automotive revenue are expected to decline sequentially in 3Q, which would represent the fourth consecutive quarter of decline for these end-markets.
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Ownership Overview
2.89% Insiders
41.82% Mutual Funds
43.39% Other Institutional Investors
11.91% 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 $101.30 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 Oct 28, 2024 which is in 51 days.
How were ON Semiconductor’s earnings last quarter?
ON Semiconductor released its earnings results on Jul 29, 2024. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.921 by $0.039.
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 $0.97.
How many shares outstanding does ON Semiconductor have?
ON Semiconductor has 428,356,100 shares outstanding.
What happened to ON Semiconductor’s price movement after its last earnings report?
ON Semiconductor reported an EPS of $0.96 in its last earnings report, beating expectations of $0.921. Following the earnings report the stock price went up 11.543%.
Which hedge fund is a major shareholder of ON Semiconductor?
Among the largest hedge funds holding ON Semiconductor’s share is Fisher Asset Management LLC. It holds ON Semiconductor’s shares valued at 21M.
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ON Semiconductor Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$86.40 (10.95% Upside)
$86.40 (10.95% Upside)
Blogger Sentiment
Bullish
ON Sentiment 93%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 395.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 6.5%
Last 30 Days ▼ 6.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-21.22%
12-Months-Change
Fundamentals
Return on Equity
25.28%
Trailing 12-Months
Asset Growth
7.02%
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
Q2 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
$86.40
▲(10.95% Upside)
Technical Analysis
Best Analysts Covering ON
1 Year
1 Year Success Rate
30/37 ratings generated profit
1 Year Average Return
+46.07%
reiterated a buy rating last month
Copying Christopher Rolland's trades and holding each position for 1 Year would result in 81.08% of your transactions generating a profit, with an average return of +46.07% per trade.
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