On Friday, ON Semiconductor Corp (NASDAQ: ON) opened higher 1.68% from the last session, before settling in for the closing price of $68.47. Price fluctuations for ON have ranged from $59.34 to $86.77 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 8.00%. Company’s average yearly earnings per share was noted -22.36% at the time writing. With a float of $423.06 million, this company’s outstanding shares have now reached $426.39 million.
Considering the fact that the conglomerate employs 30100 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
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 0.64%, while institutional ownership is 100.99%. 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) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.25 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.2) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.94 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 6.69% 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 2.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.09. Likewise, its price to free cash flow for the trailing twelve months is 30.07.
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)
Compared to the last year’s volume of 6.71 million, its volume of 5.21 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 59.17%. Additionally, its Average True Range was 2.53.
During the past 100 days, ON Semiconductor Corp’s (ON) raw stochastic average was set at 33.63%, which indicates a significant decrease from 57.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.53% in the past 14 days, which was lower than the 52.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $70.21, while its 200-day Moving Average is $72.24. Nevertheless, the first resistance level for the watch stands at $70.39 in the near term. At $71.15, the stock is likely to face the second major resistance level. The third major resistance level sits at $72.59. If the price goes on to break the first support level at $68.18, it is likely to go to the next support level at $66.74. Now, if the price goes above the second support level, the third support stands at $65.98.
ON Semiconductor Corp (NASDAQ: ON) Key Stats
There are currently 425,797K 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 1,762 M and its income totaled 401,700 K.
