On Monday, ON Semiconductor Corp. (NASDAQ: ON) was -1.97% drop from the session before settling in for the closing price of $68.49. A 52-week range for ON has been $59.34 – $90.09.
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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. When this article was written, the company’s average yearly earnings per share was at -22.40%. With a float of $425.62 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward ON Semiconductor Corp. stocks. The insider ownership of ON Semiconductor Corp. is 0.64%, while institutional ownership is 98.72%. The most recent insider transaction that took place on Oct 15 ’24, was worth 109,065. In this transaction CEO & President of this company sold 1,500 shares at a rate of $72.71, taking the stock ownership to the 839,210 shares. Before that another transaction happened on Sep 16 ’24, when Company’s CEO & President sold 1,500 for $70.80, making the entire transaction worth $106,200. This insider now owns 840,620 shares in total.
ON Semiconductor Corp. (ON) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 1.39 earnings per share (EPS) during the time that was better than consensus figure (set at 1.34) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -22.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% 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
You can see what ON Semiconductor Corp. (ON) is doing with its current performance indicators. In the most recent 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 3.69. Likewise, its price to free cash flow for the trailing twelve months is 33.55.
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 4.66 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 6.97 million. That was better than the volume of 6.69 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.20%. Additionally, its Average True Range was 2.72.
During the past 100 days, ON Semiconductor Corp.’s (ON) raw stochastic average was set at 9.57%, which indicates a significant decrease from 16.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.07% in the past 14 days, which was lower than the 52.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $71.87, while its 200-day Moving Average is $72.82. However, in the short run, ON Semiconductor Corp.’s stock first resistance to watch stands at $68.40. Second resistance stands at $69.67. The third major resistance level sits at $70.98. If the price goes on to break the first support level at $65.82, it is likely to go to the next support level at $64.51. Assuming the price breaks the second support level, the third support level stands at $63.24.
ON Semiconductor Corp. (NASDAQ: ON) Key Stats
There are 430,232K outstanding shares of the company, which has a market capitalization of 28.76 billion. As of now, sales total 8,253 M while income totals 2,184 M. Its latest quarter income was 1,735 M while its last quarter net income were 338,200 K.
