During the recent session, ON Semiconductor Corp. (NASDAQ:ON)’s traded shares were 1.62 million, with the beta value of the company hitting 1.80. At the last check today, the stock’s price was $67.77, reflecting an intraday gain of 2.09% or $1.39. The 52-week high for the ON share is $111.35, that puts it down -64.31 from that peak though still a striking 12.44% gain since the share price plummeted to a 52-week low of $59.34. The company’s market capitalization is $28.96B, and the average trade volume was 7.05 million shares over the past three months.

ON Semiconductor Corp. (NASDAQ:ON) trade information

ON Semiconductor Corp. (ON) registered a 2.09% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.09% in intraday trading to $67.77, hitting a weekly high. The stock’s 5-day price performance is 11.63%, and it has moved by -10.37% in 30 days. Based on these gigs, the overall price performance for the year is -5.81%.

ON Semiconductor Corp. (ON) estimates and forecasts

Statistics show that ON Semiconductor Corp. has underperformed its competitors in share price, compared to the industry in which it operates. ON Semiconductor Corp. (ON) shares have gone down -16.50% during the last six months, with a year-to-date growth rate less than the industry average at -17.44% against -11.70. In the rating firms’ projections, revenue will decrease -9.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.85B as predicted by 27 analyst(s). Meanwhile, a consensus of 27 analyst(s) estimates revenue growth to 1.83B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.92B and 2.09B respectively. In this case, analysts expect current quarter sales to shrink by -3.80% and then drop by -12.70% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 27.71%. While earnings are projected to return -18.34% in 2024, the next five years will return 4.61% per annum.

ON Dividends

ON Semiconductor Corp. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.