ON Semiconductor Corp (NASDAQ:ON)’s traded shares stood at 3.5 million during the latest session, with the company’s beta value hitting 1.42. At the last check today, the stock’s price was $32.76, to imply a decrease of -6.08% or -$2.12 in intraday trading. The ON share’s 52-week high remains $80.08, putting it -144.44% down since that peak but still an impressive 5.25% since price per share fell to its 52-week low of $31.04. The company has a valuation of $13.83B, with an average of 14.12 million shares in intraday trading volume over the past 10 days and average of 10.00 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for ON Semiconductor Corp (ON), translating to a mean rating of 1.91. Of 23 analyst(s) looking at the stock, 1 analyst(s) give ON a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 19 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.5.
ON Semiconductor Corp (NASDAQ:ON) trade information
After registering a -6.08% downside in the latest session, ON Semiconductor Corp (ON) has traded red over the past five days. The 5-day price performance for the stock is -2.79%, and -22.28% over 30 days. With these gigs, the year-to-date price performance is -48.04%. Short interest in ON Semiconductor Corp (NASDAQ:ON) saw shorts transact 29.49 million shares and set a 3.0 days time to cover.
The extremes give us $60 and $100 for target low and target high price respectively. As such, ON has been trading -205.25% off suggested target high and -83.15% from its likely low.
ON Semiconductor Corp (ON) estimates and forecasts
The rating firms project that company’s revenue will shrink -15.83% compared to the previous financial year.
Revenue forecast for the current quarter as set by 26 analysts is 1.4B. Meanwhile, for the current quarter, a total of 26 analyst(s) estimate revenue growth to 1.42B.Earnings reports from the last fiscal year show that sales brought in 1.86B and 1.74B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -24.71% before dropping -18.34% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 48.17% for the past 5-year period. While 2025 is set for a -37.21% return in earnings, projections for the next 5 years are at 11.56% annually.
ON Dividends
ON Semiconductor Corp has its next earnings report out on 2025-Feb-09. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
ON Semiconductor Corp (NASDAQ:ON)’s Major holders
ON Semiconductor Corp insiders hold 0.36% of total outstanding shares, with institutional holders owning 104.40% of the shares at 104.77% float percentage. In total, 104.40% institutions holds shares in the company, led by FMR LLC. As of 2024-06-30, the company held over 64.1 million shares (or 14.9378% of shares), all amounting to roughly $4.39 billion.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 51.33 million shares, or about 11.9892% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.52 billion.
We also have Fidelity Select Portfolios-Semiconductors Portfolio and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the ON Semiconductor Corp (ON) shares. Going by data provided on Feb 28, 2025 , Fidelity Select Portfolios-Semiconductors Portfolio holds roughly 21.03 shares. This is just over 4.98% of the total shares, with a market valuation of $685.39 million. Data from the same date shows that the other fund manager holds a little less at 13.35, or 3.16% of the shares, all valued at about 435.28 million.
