In last trading session, ON Semiconductor Corp (NASDAQ:ON) saw 8.94 million shares changing hands with its beta currently measuring 1.42. Company’s recent per share price level of $36.62 trading at $1.17 or 3.30% at ring of the bell on the day assigns it a market valuation of $15.46B. That closing price of ON’s stock is at a discount of -118.68% from its 52-week high price of $80.08 and is indicating a premium of 15.24% from its 52-week low price of $31.04. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 13.3 million shares which gives us an average trading volume of 10.25 million if we extend that period to 3-months.
For ON Semiconductor Corp (ON), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.94. Splitting up the data highlights that, out of 23 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 19 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
ON Semiconductor Corp (NASDAQ:ON) trade information
Upright in the green during last session for gaining 3.30%, in the last five days ON remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $36.62 price level, adding 3.07% to its value on the day. ON Semiconductor Corp’s shares saw a change of -41.92% in year-to-date performance and have moved 2.15% in past 5-day. ON Semiconductor Corp (NASDAQ:ON) showed a performance of -19.83% in past 30-days. Number of shares sold short was 31.8 million shares which calculate 3.55 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 82 to the stock, which implies a rise of 55.34% to its current value. Analysts have been projecting 60 as a low price target for the stock while placing it at a high target of 100. It follows that stock’s current price would drop -63.84% in reaching the projected high whereas dropping to the targeted low would mean a loss of -63.84% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 48.17% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -38.12% while estimates for its earnings growth in next 5 years are of 11.00%.
ON Semiconductor Corp (NASDAQ:ON)’s Major holders
Insiders are in possession of 0.36% of company’s total shares while institution are holding 104.34 percent of that, with stock having share float percentage of 104.72%. Investors also watch the number of corporate investors in a company very closely, which is 104.34% institutions for ON Semiconductor Corp that are currently holding shares of the company. FMR LLC is the top institutional holder at ON for having 64.1 million shares of worth $4.39 billion. And as of 2024-06-30, it was holding 14.9378 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 51.33 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.9612 of outstanding shares, having a total worth of $3.52 billion.
On the other hand, Fidelity Select Portfolios-Semiconductors Portfolio and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 21.03 shares of worth $770.02 million or 4.98% of the total outstanding shares. The later fund manager was in possession of 13.35 shares on Dec 31, 2024 , making its stake of worth around $489.04 million in the company or a holder of 3.16% of company’s stock.