At the time of writing, ON Semiconductor Corp [ON] stock is trading at $68.47, up 1.72%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ON shares have gain 2.16% over the last week, with a monthly amount glided 0.74%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
ON Semiconductor Corp [NASDAQ: ON] stock has seen the most recent analyst activity on November 12, 2024, when Loop Capital initiated its Buy rating and assigned the stock a price target of $95. Previously, TD Cowen reaffirmed its Buy rating on July 30, 2024, and elevated its price target to $90. On July 15, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $77 on the stock. Morgan Stanley downgraded its rating to a Underweight and decreased its price target to $65 on July 11, 2024. Jefferies initiated its recommendation with a Buy and recommended $100 as its price target on May 13, 2024. TD Cowen reiterated a Buy rating for this stock on April 30, 2024, and downed its price target to $85. In a note dated April 19, 2024, Exane BNP Paribas downgraded an Underperform rating on this stock but restated the target price of $55.
For the past year, the stock price of ON Semiconductor Corp fluctuated between $59.34 and $86.77. Currently, Wall Street analysts expect the stock to reach $87.52 within the next 12 months. ON Semiconductor Corp [NASDAQ: ON] shares were valued at $68.47 at the most recent close of the market. An investor can expect a potential return of 27.82% based on the average ON price forecast.
Analyzing the ON fundamentals
According to ON Semiconductor Corp [NASDAQ:ON], the company’s sales were 7.38B for trailing twelve months, which represents an -19.21% plunge. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.21 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.39.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 66.91 points at the first support level, and at 65.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 69.58, and for the 2nd resistance point, it is at 70.68.
Ratios To Look Out For
It is important to note that ON Semiconductor Corp [NASDAQ:ON] has a current ratio of 3.07. In addition, the Quick Ratio stands at 2.02 and the Cash Ratio stands at 1.16. Considering the valuation of this stock, the price to sales ratio is 3.95, the price to book ratio is 3.40 and price to earnings (TTM) ratio is 16.99.
Transactions by insiders
Recent insider trading involved El-Khoury Hassane, CEO & President, that happened on Oct 15 ’24 when 1500.0 shares were sold. CEO & President, El-Khoury Hassane completed a deal on Sep 16 ’24 to sell 1500.0 shares. Meanwhile, Director EL-KHOURY LIVING TRUST U/T/A D bought 4500.0 shares on Sep 16 ’24.
