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ON Semiconductor (ON)
NASDAQ:ON
ON Semiconductor (ON) Stock Price & Analysis
3,975 Followers
ON Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$59.34 - $111.35
Previous Close$72.33
Volume4.89M
Average Volume (3M)6.68M
Market Cap
$31.12B
Enterprise Value$31.88B
Total Cash (Recent Filing)$2.61B
Total Debt (Recent Filing)$3.36B
Price to Earnings (P/E)14.8
Beta1.37
Next Earnings
Jul 29, 2024EPS Estimate
$0.93Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.90
Shares Outstanding430,231,889
10 Day Avg. Volume5,741,179
30 Day Avg. Volume6,676,159
Standard Deviation0.14
R-Squared0.44
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)4.97
Price to Sales (P/S)16.86
Price to Cash Flow (P/CF)15.60
P/FCF Ratio26.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.91
Enterprise Value/Gross Profit8.21
Enterprise Value/Ebitda10.11
Forecast
1Y Price Target
$83.81Price Target Upside14.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering23
ON Semiconductor News
PremiumMarket News
SPY ETF Update, 5/13/2024 
PremiumMarket News
QQQ ETF Update, 5/10/2024 
PremiumMarket News
SPY ETF Update, 5/9/2024 
PremiumMarket News
QQQ ETF Update, 5/8/2024 
PremiumMarket News
SPY ETF Update, 5/7/2024 
PremiumMarket News
QQQ ETF Update, 5/6/2024 
PremiumMarket News
SPY ETF Update, 5/3/2024 
PremiumMarket News
QQQ ETF Update, 5/2/2024 Bulls Say, Bears Say
Bulls Say
Financial PerformanceON's earnings per share exceeded expectations, coupled with a promising non-GAAP gross margin outlook, indicating a strong financial performance.
Growth PotentialThe company's exposure to high-growth sectors such as Electrification and Energy Infrastructure underpins its long-term growth prospects.
Market PositionWith a robust $15.7 billion backlog and a strategy to double Silicon Carbide revenue growth compared to the market, the company is well-positioned for future revenue growth.
Bears Say
EV Market ImpactThe company's significant exposure to Tesla, along with Tesla's reported decrease in vehicle deliveries, negatively impacts near-term fundamentals.
Inventory And DemandHigh inventory levels, including SiC, need to be absorbed by an increase in demand to avoid pricing pressure, posing a risk if the demand recovery is slower than expected.
Market GuidanceThe company reported weaker guidance as most end markets slowed, indicating potential future revenue decline.
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Ownership Overview
2.88% Insiders
39.41% Mutual Funds
37.20% Other Institutional Investors
20.51% 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 75 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 $0.93.
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 Bridgewater Associates, LP. It holds ON Semiconductor’s shares valued at 36M.
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ON Semiconductor Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$83.81 (14.82% Upside)
$83.81 (14.82% Upside)
Blogger Sentiment
Bullish
ON Sentiment 94%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 645.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-11.07%
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
$83.81
▲(14.82% Upside)
Technical Analysis
Best Analysts Covering ON
1 Year
1 Year Success Rate
24/29 ratings generated profit
1 Year Average Return
+42.29%
reiterated a buy rating 16 days ago
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