ON Semiconductor Corp. (NASDAQ: ON) is -12.14% 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 $77.33 in the last trading session, with the day’s loss setting it -3.94%.
Currently trading at $73.39, the stock is 0.51% and 0.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.54 million and changing -5.10% at the moment leaves the stock -1.99% off its SMA200. ON registered -25.69% loss for a year compared to 6-month loss of -2.39%.
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The stock witnessed a 7.11% gain in the last 1 month and extending the period to 3 months gives it a 21.01%, and is -6.79% 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 4.19% over the week and 3.33% over the month.
ON Semiconductor Corp. (ON) has around 30100 employees, a market worth around $31.57B and $8.16B in sales. Current P/E ratio is 14.99 and Fwd P/E is 15.46. Profit margin for the company is 26.67%. Distance from 52-week low is 23.68% and -34.09% from its 52-week high. The company has generated returns on investments over the last 12 months (19.91%).
The EPS is expected to shrink by -22.36% this year.
ON Semiconductor Corp. (ON) Top Institutional Holders
The shares outstanding are 430.23M, and float is at 427.86M with Short Float at 5.29%.
ON Semiconductor Corp. (ON) Insider Activity
The most recent transaction is an insider sale by Thad Trent,the company’sExec VP & CFO. SEC filings show that Thad Trent sold 38,000 shares of the company’s common stock on Jun 11 ’24 at a price of $72.55 per share for a total of $2.76 million. Following the sale, the insider now owns 0.33 million shares.
ON Semiconductor Corp. disclosed in a document filed with the SEC on May 16 ’24 that MASCARENAS PAUL ANTHONY (Director) sold a total of 911 shares of the company’s common stock. The trade occurred on May 16 ’24 and was made at $74.46 per share for $67833.0. Following the transaction, the insider now directly holds 48929.0 shares of the ON stock.
Still, SEC filings show that on Sep 12 ’23, COLPITTS BERNARD RAYMOND JR (Chief Accounting Officer) disposed off 1,005 shares at an average price of $96.62 for $97103.0. The insider now directly holds 31,045 shares of ON Semiconductor Corp. (ON).
