ON Semiconductor Corp (NASDAQ: ON) kicked off on Tuesday, up 0.39% from the previous trading day, before settling in for the closing price of $69.96. Over the past 52 weeks, ON has traded in a range of $59.34-$86.77.
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Annual sales at Technology sector company grew by 8.00% over the past five years. While this was happening, its average annual earnings per share was recorded -22.36%. With a float of $423.07 million, this company’s outstanding shares have now reached $426.39 million.
Let’s look at the performance matrix of the company that is accounted for 30100 employees. In terms of profitability, gross margin is 45.46%, operating margin of 27.73%, and the pretax margin is 27.19%.
ON Semiconductor Corp (ON) Insider and Institutional Ownership
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 0.64%, while institutional ownership is 101.24%. 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) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.25 earnings per share (EPS), higher than consensus estimate (set at 1.21) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.95 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -22.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.25% 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 2.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.05. Likewise, its price to free cash flow for the trailing twelve months is 29.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.03, a number that is poised to hit 0.98 in the next quarter and is forecasted to reach 4.31 in one year’s time.
Technical Analysis of ON Semiconductor Corp (ON)
ON Semiconductor Corp (NASDAQ: ON) saw its 5-day average volume 5.81 million, a negative change from its year-to-date volume of 6.75 million. As of the previous 9 days, the stock’s Stochastic %D was 26.70%. Additionally, its Average True Range was 2.82.
During the past 100 days, ON Semiconductor Corp’s (ON) raw stochastic average was set at 31.60%, which indicates a significant decrease from 38.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.41% in the past 14 days, which was lower than the 52.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $70.59, while its 200-day Moving Average is $72.53. Nevertheless, the first resistance level for the watch stands at $71.36 in the near term. At $72.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $73.67. If the price goes on to break the first support level at $69.05, it is likely to go to the next support level at $67.86. The third support level lies at $66.74 if the price breaches the second support level.
ON Semiconductor Corp (NASDAQ: ON) Key Stats
The company with the Market Capitalisation of 29.90 billion has total of 425,797K 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 1,762 M and last quarter income was 401,700 K.
