A share price of ON Semiconductor Corp [ON] is currently trading at $67.90, up 1.91%. 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 0.10% over the last week, with a monthly amount drifted -2.60%, and not 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 22, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $85. Previously, Loop Capital started tracking the stock with Buy rating on November 12, 2024, and set its price target to $95. On July 30, 2024, TD Cowen reiterated its Buy rating and revised its price target to $90 on the stock. Citigroup downgraded its rating to a Neutral and decreased its price target to $77 on July 15, 2024. Morgan Stanley downgraded its rating to a Underweight and reduced its price target to $65 on July 11, 2024. Jefferies started tracking with a Buy rating for this stock on May 13, 2024, and assigned it a price target of $100. In a note dated April 30, 2024, TD Cowen reiterated an Buy rating on this stock and revised its target price from $90 to $85.
ON Semiconductor Corp experienced fluctuations in its stock price throughout the past year between $59.34 and $86.10. Currently, Wall Street analysts expect the stock to reach $87.08 within the next 12 months. ON Semiconductor Corp [NASDAQ: ON] shares were valued at $67.90 at the most recent close of the market. An investor can expect a potential return of 28.25% based on the average ON price forecast.
Analyzing the ON fundamentals
Trailing Twelve Months sales for ON Semiconductor Corp [NASDAQ:ON] were 7.38B which represents -19.21% decline. 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 65.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.41, and for the 2nd resistance point, it is at 68.91.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ON Semiconductor Corp [NASDAQ:ON] is 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 3.99, the price to book ratio is 3.37 and price to earnings (TTM) ratio is 16.85.
Transactions by insiders
Recent insider trading involved KEETON SIMON, Group President, PSG, that happened on Dec 17 ’24 when 28000.0 shares were sold. Group President, AMG & ISG, GOPALSWAMY SUDHIR completed a deal on Dec 17 ’24 to sell 21082.0 shares. Meanwhile, CEO & President El-Khoury Hassane sold 1500.0 shares on Dec 17 ’24.
