ON Semiconductor Corp. (NASDAQ: ON) kicked off on Friday, down -3.53% from the previous trading day, before settling in for the closing price of $62.93. Over the past 52 weeks, ON has traded in a range of $61.47-$111.35.
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During the last 5-year period, the sales growth of Technology Sector giant was 8.00%. While this was happening, its average annual earnings per share was recorded -18.05%. With a float of $424.27 million, this company’s outstanding shares have now reached $426.39 million.
Let’s determine the extent of company efficiency that accounts for 30100 employees.
ON Semiconductor Corp. (ON) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of ON Semiconductor Corp. is 0.72%, while institutional ownership is 99.91%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.30 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.05% 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
Take a look at ON Semiconductor Corp.’s (ON) current performance indicators. Last quarter, stock had a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.14. Likewise, its price to free cash flow for the trailing twelve months is 59.18.
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 5.02 in one year’s time.
Technical Analysis of ON Semiconductor Corp. (ON)
Looking closely at ON Semiconductor Corp. (NASDAQ: ON), its last 5-days average volume was 7.48 million, which is a jump from its year-to-date volume of 7.32 million. As of the previous 9 days, the stock’s Stochastic %D was 7.53%. Additionally, its Average True Range was 2.59.
During the past 100 days, ON Semiconductor Corp.’s (ON) raw stochastic average was set at 1.70%, which indicates a significant decrease from 3.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.12% in the past 14 days, which was lower than the 41.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.86, while its 200-day Moving Average is $82.84. However, in the short run, ON Semiconductor Corp.’s stock first resistance to watch stands at $62.06. Second resistance stands at $63.41. The third major resistance level sits at $64.31. If the price goes on to break the first support level at $59.81, it is likely to go to the next support level at $58.91. Now, if the price goes above the second support level, the third support stands at $57.56.
ON Semiconductor Corp. (NASDAQ: ON) Key Stats
The company with the Market Capitalisation of 25.94 billion has total of 429,846K Shares Outstanding. Its annual sales at the moment are 8,253 M in contrast with the sum of 2,184 M annual income. Company’s last quarter sales were recorded 2,018 M and last quarter income was 562,700 K.
