On Friday, ON Semiconductor Corp. (NASDAQ: ON) opened lower -5.61% from the last session, before settling in for the closing price of $70.60. Price fluctuations for ON have ranged from $61.47 to $111.35 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 8.00% over the last five years. Company’s average yearly earnings per share was noted -17.81% at the time writing. With a float of $424.27 million, this company’s outstanding shares have now reached $426.39 million.
The firm has a total of 30100 workers. Let’s measure their productivity.
ON Semiconductor Corp. (ON) Insider Activity
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of ON Semiconductor Corp. is 0.72%, while institutional ownership is 99.49%. The most recent insider transaction that took place on Sep 12 ’23, was worth 97,103. In this transaction Chief Accounting Officer of this company sold 1,005 shares at a rate of $96.62, taking the stock ownership to the 31,045 shares. Before that another transaction happened on Sep 11 ’23, when Company’s Chief Accounting Officer sold 2,795 for $99.18, making the entire transaction worth $277,208. This insider now owns 32,050 shares in total.
ON Semiconductor Corp. (ON) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -17.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.61% during the next five years compared to 27.71% growth over the previous five years of trading.
ON Semiconductor Corp. (NASDAQ: ON) Trading Performance Indicators
Check out the current performance indicators for ON Semiconductor Corp. (ON). In the past quarter, the stock posted a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.45. Likewise, its price to free cash flow for the trailing twelve months is 64.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.89, a number that is poised to hit 1.04 in the next quarter and is forecasted to reach 5.05 in one year’s time.
Technical Analysis of ON Semiconductor Corp. (ON)
Analysing the last 5-days average volume posted by the [ON Semiconductor Corp., ON], we can find that recorded value of 5.56 million was lower than the volume posted last year of 7.31 million. As of the previous 9 days, the stock’s Stochastic %D was 17.33%. Additionally, its Average True Range was 2.66.
During the past 100 days, ON Semiconductor Corp.’s (ON) raw stochastic average was set at 0.37%, which indicates a significant decrease from 0.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.29% in the past 14 days, which was higher than the 41.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $75.92, while its 200-day Moving Average is $83.58. Now, the first resistance to watch is $68.49. This is followed by the second major resistance level at $70.34. The third major resistance level sits at $71.31. If the price goes on to break the first support level at $65.68, it is likely to go to the next support level at $64.71. Should the price break the second support level, the third support level stands at $62.86.
ON Semiconductor Corp. (NASDAQ: ON) Key Stats
There are currently 429,846K shares outstanding in the company with a market cap of 28.48 billion. Presently, the company’s annual sales total 8,253 M according to its annual income of 2,184 M. Last quarter, the company’s sales amounted to 2,018 M and its income totaled 562,700 K.
