ON Semiconductor Corp. (NASDAQ: ON) is -13.43% lower on its value in year-to-date trading and has touched a low of $59.34 and a high of $111.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ON stock was last observed hovering at around $72.45 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $72.31, the stock is -0.75% and 3.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.48 million and changing -0.19% at the moment leaves the stock -7.53% off its SMA200. ON registered -18.97% loss for a year compared to 6-month loss of -1.54%.
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The stock witnessed a 2.32% gain in the last 1 month and extending the period to 3 months gives it a -8.41%, and is -1.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.28% over the week and 3.04% over the month.
ON Semiconductor Corp. (ON) has around 30100 employees, a market worth around $31.11B and $8.16B in sales. Current P/E ratio is 14.77 and Fwd P/E is 15.23. Profit margin for the company is 26.67%. Distance from 52-week low is 21.86% and -35.06% from its 52-week high. The company has generated returns on investments over the last 12 months (19.91%).
with sales reaching $1.73B over the same period.The EPS is expected to shrink by -22.31% this year, but quarterly earnings will post -12.50% year-over-year. Quarterly sales are estimated to shrink -17.40% in year-over-year returns.
ON Semiconductor Corp. (ON) Top Institutional Holders
The shares outstanding are 430.23M, and float is at 428.03M with Short Float at 4.63%.
ON Semiconductor Corp. (ON) Insider Activity
The most recent transaction is an insider sale by MASCARENAS PAUL ANTHONY,the company’sDirector. SEC filings show that MASCARENAS PAUL ANTHONY sold 911 shares of the company’s common stock on May 16 ’24 at a price of $74.46 per share for a total of $67833.0. Following the sale, the insider now owns 48929.0 shares.
ON Semiconductor Corp. disclosed in a document filed with the SEC on Sep 12 ’23 that COLPITTS BERNARD RAYMOND JR (Chief Accounting Officer) sold a total of 1,005 shares of the company’s common stock. The trade occurred on Sep 12 ’23 and was made at $96.62 per share for $97103.0. Following the transaction, the insider now directly holds 31045.0 shares of the ON stock.
Still, SEC filings show that on Sep 11 ’23, COLPITTS BERNARD RAYMOND JR (Chief Accounting Officer) disposed off 2,795 shares at an average price of $99.18 for $0.28 million. The insider now directly holds 32,050 shares of ON Semiconductor Corp. (ON).
