A share price of ON Semiconductor Corp [ON] is currently trading at $51.95, up 0.23%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ON shares have gain 10.44% over the last week, with a monthly amount drifted -2.92%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
ON Semiconductor Corp [NASDAQ: ON] stock has seen the most recent analyst activity on January 24, 2025, when B. Riley Securities reiterated its Buy rating and also revised its price target to $90 from $100. Previously, Truist downgraded its rating to Hold on January 10, 2025, and dropped its price target to $60. On November 22, 2024, Wells Fargo initiated with a Overweight rating and assigned a price target of $85 on the stock. Loop Capital started tracking the stock assigning a Buy rating and suggested a price target of $95 on November 12, 2024. TD Cowen reiterated its recommendation of a Buy and raised its price target to $90 on July 30, 2024. Citigroup downgraded its rating to Neutral for this stock on July 15, 2024, and downed its price target to $77. In a note dated July 11, 2024, Morgan Stanley downgraded an Underweight rating on this stock and revised its target price from $70 to $65.
ON Semiconductor Corp experienced fluctuations in its stock price throughout the past year between $46.57 and $85.16. Currently, Wall Street analysts expect the stock to reach $82.5 within the next 12 months. ON Semiconductor Corp [NASDAQ: ON] shares were valued at $51.95 at the most recent close of the market. An investor can expect a potential return of 58.81% based on the average ON price forecast.
Analyzing the ON fundamentals
Trailing Twelve Months sales for ON Semiconductor Corp [NASDAQ:ON] were 7.08B which represents -14.65% decline. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.19 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.38.
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 51.58 points at the first support level, and at 51.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.64, and for the 2nd resistance point, it is at 53.33.
Ratios To Look Out For
To put it in perspective, the Current Ratio for ON Semiconductor Corp [NASDAQ:ON] is 5.06. Further, the Quick Ratio stands at 3.38, while the Cash Ratio is 2.02. Considering the valuation of this stock, the price to sales ratio is 3.09, the price to book ratio is 2.50 and price to earnings (TTM) ratio is 14.30.
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.
