A new trading day began on Tuesday, with ON Semiconductor Corp (NASDAQ: ON) stock price down -1.98% from the previous day of trading, before settling in for the closing price of $67.68. ON’s price has ranged from $59.34 to $86.77 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 8.00%. Meanwhile, its annual earnings per share averaged -22.36%. With a float of $423.06 million, this company’s outstanding shares have now reached $425.65 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of ON Semiconductor Corp is 0.64%, while institutional ownership is 100.95%. The most recent insider transaction that took place on Nov 25 ’24, was worth 106,500. In this transaction CEO & President of this company sold 1,500 shares at a rate of $71.00, taking the stock ownership to the 837,710 shares. Before that another transaction happened on Oct 15 ’24, when Company’s CEO & President sold 1,500 for $72.71, making the entire transaction worth $109,065. This insider now owns 839,210 shares in total.
ON Semiconductor Corp (ON) Earnings and Forecasts
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
Here are ON Semiconductor Corp’s current performance indicators. According to the last quarter’s results, the 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 3.83. Likewise, its price to free cash flow for the trailing twelve months is 28.18.
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)
Looking closely at ON Semiconductor Corp (NASDAQ: ON), its last 5-days average volume was 7.34 million, which is a jump from its year-to-date volume of 6.7 million. As of the previous 9 days, the stock’s Stochastic %D was 18.15%. Additionally, its Average True Range was 2.70.
During the past 100 days, ON Semiconductor Corp’s (ON) raw stochastic average was set at 12.82%, which indicates a significant increase from 12.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.94% in the past 14 days, which was lower than the 53.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $69.71, while its 200-day Moving Average is $71.70. However, in the short run, ON Semiconductor Corp’s stock first resistance to watch stands at $67.62. Second resistance stands at $68.90. The third major resistance level sits at $69.68. If the price goes on to break the first support level at $65.56, it is likely to go to the next support level at $64.77. Should the price break the second support level, the third support level stands at $63.49.
ON Semiconductor Corp (NASDAQ: ON) Key Stats
With a market capitalization of 28.25 billion, the company has a total of 425,797K Shares Outstanding. Currently, annual sales are 8,253 M while annual income is 2,184 M. The company’s previous quarter sales were 1,762 M while its latest quarter income was 401,700 K.
