On Monday, ON Semiconductor Corp. (NASDAQ: ON) opened lower -1.88% from the last sessionbefore settling in for the closing price of $71.72. Price fluctuations for ON have ranged from $59.34 to $98.07 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 8.00% annually for the last half of the decade. Company’s average yearly earnings per share was noted -22.17% at the time writing. With a float of $425.99 million, this company’s outstanding shares have now reached $426.39 million.
In an organization with 30100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 45.99%, operating margin of 29.34%, and the pretax margin is 28.84%.
ON Semiconductor Corp. (ON) Insider and Institutional Ownership
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 0.55%, while institutional ownership is 98.69%. The most recent insider transaction that took place on Sep 16 ’24, was worth 322,740. Before that another transaction happened on Jul 31 ’24, when Company’s Group President, PSG sold 30,939 for $77.94, making the entire transaction worth $2,411,345. This insider now owns 231,092 shares in total.
ON Semiconductor Corp. (ON) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -22.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.02% 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 1.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.87. Likewise, its price to free cash flow for the trailing twelve months is 35.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.39, a number that is poised to hit 0.97 in the next quarter and is forecasted to reach 4.74 in one year’s time.
Technical Analysis of ON Semiconductor Corp. (ON)
Let’s dig in a bit further. During the last 5-days, its volume was 5.18 million. That was inferior than the volume of 6.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.96%. Additionally, its Average True Range was 3.28.
During the past 100 days, ON Semiconductor Corp.’s (ON) raw stochastic average was set at 38.35%, which indicates a significant increase from 32.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.43% in the past 14 days, which was lower than the 53.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $73.12, while its 200-day Moving Average is $73.94. However, in the short run, ON Semiconductor Corp.’s stock first resistance to watch stands at $71.50. Second resistance stands at $72.64. The third major resistance level sits at $73.81. If the price goes on to break the first support level at $69.19, it is likely to go to the next support level at $68.02. The third support level lies at $66.88 if the price breaches the second support level.
ON Semiconductor Corp. (NASDAQ: ON) Key Stats
There are currently 430,232K shares outstanding in the company with a market cap of 30.14 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 1,735 M and its income totaled 338,200 K.
