Is ON Semiconductor Corp (ON) Stock a Good Buy for Short-term Investors?

At the time of writing, ON Semiconductor Corp [ON] stock is trading at $45.31, down -0.81%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ON shares have gain 4.35% over the last week, with a monthly amount drifted -15.15%, 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.

For the past year, the stock price of ON Semiconductor Corp fluctuated between $41.59 and $80.08. Currently, Wall Street analysts expect the stock to reach $80 within the next 12 months. ON Semiconductor Corp [NASDAQ: ON] shares were valued at $45.31 at the most recent close of the market. An investor can expect a potential return of 76.56% based on the average ON price forecast.

Analyzing the ON fundamentals

According to ON Semiconductor Corp [NASDAQ:ON], the company’s sales were 7.08B for trailing twelve months, which represents an -14.65% plunge. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.38.

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 44.90 points at the first support level, and at 44.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.80, and for the 2nd resistance point, it is at 46.29.

Ratios To Look Out For

It is important to note that ON Semiconductor Corp [NASDAQ:ON] has a current ratio of 5.06. Also, the Quick Ratio is 3.38, while the Cash Ratio stands at 2.02. Considering the valuation of this stock, the price to sales ratio is 2.70, the price to book ratio is 2.18 and price to earnings (TTM) ratio is 12.47.

Transactions by insiders

Recent insider trading involved Campbell Alan, Director, that happened on Mar 12 ’25 when 10000.0 shares were sold. Director, ALAN CAMPBELL completed a deal on Mar 12 ’25 to buy 10000.0 shares. Meanwhile, Group President, PSG KEETON SIMON sold 28000.0 shares on Dec 17 ’24.

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