Over the past three months, ON Semiconductor Corporation [ON] ended the trading day at $25.72 and exhibited a change of -0.81% with a 24 hour trading and reached upto the volume of 6.48M compared to its recorded trading volume of 1.46 million. ON generated a 1 year amount change with 33.73%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 11.05% with an amount shift of 17.76% over the last month.
On 14, October 2020, ON Semiconductor to Announce Third Quarter 2020 Financial Results. According to news published on Yahoo Finance, Company provides conference call details.
Analyst Birdseye View:
The most recent analyst activity for ON Semiconductor Corporation [NASDAQ:ON] stock was on July 22, 2020, when it was Upgrade with a Buy rating from B. Riley FBR, which also raised its 12-month price target on the stock from $15 to $26. Before that, on August 11, 2020, Craig Hallum Recapitulated a Buy rating and elevated its amount target to $26. On June 23, 2020, Piper Sandler Upgrade an Overweight rating and boosted its price target on this stock from $17 to $24. On June 16, 2020, Morgan Stanley Reiterated an Underweight rating and increased its price target from $12 to $14. On June 05, 2020, Rosenblatt Initiated a Buy rating and increased its price target to $22. On June 04, 2020, Craig Hallum Reiterated a Buy rating and boosted its amount target on this stock to $22. On May 12, 2020, Raymond James Downgrade an Outperform rating and boosted its target amount on this stock to $18. On March 24, 2020, Craig Hallum Reiterated a Buy rating and improved its amount target to $20.
In the past 52 weeks of trading, this stock has oscillated between a low of $8.17 and a peak of $26.84. Right now, according to Wall Street analyst the average 12-month amount target is $25.15. At the most recent market close, shares of ON Semiconductor Corporation [NASDAQ:ON] were valued at $25.72. According to the average price forecast, investors can expect a potential return of 3.02%.
ON Semiconductor Corporation [NASDAQ:ON] most recently reported quarterly sales of 1.21 billion, which represented growth of -10.00%. This publicly-traded organization’s revenue is $158,560 per employee, while its income is $6,083 per employee. This company’s Gross Margin is currently 33.60%, its Operating Margin is 2.90%, its Pretax Margin is +5.01, and its Net Margin is +3.84. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.64, 6.54, 9.90 and 3.51 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 53.02 and the whole liability to whole assets at 44.23. It shows enduring liability to the whole principal at 42.18 and enduring liability to assets at 0.35 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 25.69 points at 1st support level, the second support level is making up to 25.46. But as of 1st resistance point, this stock is sitting at 26.14 and at 26.35 for 2nd resistance point.
ON Semiconductor Corporation [ON] reported its earnings at $0.12 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.02/share signifying the difference of 0.1 and 500.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.1 calling estimates for $0.15/share with the difference of -0.05 depicting the surprise of -33.30%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for ON Semiconductor Corporation [NASDAQ:ON] is 2.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.49. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.84 and it’s amount to book ratio is 3.04.
The most recent insider trade was by Schromm William A., EVP & Chief Operating Officer, and it was the sale of 95285.0 shares on Oct 09. KEETON SIMON, the EVP & GM, Pwr Sol Grp, completed a sale of 4698.0 shares on Oct 09. On Oct 08, KEETON SIMON, EVP & GM, Pwr Sol Grp, completed a sale of 3434.0 shares.