ON Semiconductor Corp (ON) is destined for greater heights as its last quarter sales were 1,762 M

On Friday, ON Semiconductor Corp (NASDAQ: ON) opened higher 2.09% from the last session, before settling in for the closing price of $53.51. Price fluctuations for ON have ranged from $53.10 to $85.16 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 11.54%. Company’s average yearly earnings per share was noted -22.43% at the time writing. With a float of $423.11 million, this company’s outstanding shares have now reached $425.65 million.

The extent of productivity of a business whose workforce counts for 30100 workers is very important to gauge. 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 Updates

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 0.63%, while institutional ownership is 100.99%. The most recent insider transaction that took place on Dec 17 ’24, was worth 1,919,789. In this transaction Group President, PSG of this company sold 28,000 shares at a rate of $68.56, taking the stock ownership to the 203,182 shares. Before that another transaction happened on Dec 17 ’24, when Company’s Group President, AMG & ISG sold 21,082 for $67.64, making the entire transaction worth $1,426,041. This insider now owns 94,774 shares in total.

ON Semiconductor Corp (ON) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.92 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -22.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.00% 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

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 3.15. Likewise, its price to free cash flow for the trailing twelve months is 23.21.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.03, a number that is poised to hit 0.97 in the next quarter and is forecasted to reach 4.07 in one year’s time.

Technical Analysis of ON Semiconductor Corp (ON)

The latest stats from [ON Semiconductor Corp, ON] show that its last 5-days average volume of 8.49 million was inferior to 9.63 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.76%. Additionally, its Average True Range was 2.57.

During the past 100 days, ON Semiconductor Corp’s (ON) raw stochastic average was set at 6.00%, which indicates a significant decrease from 10.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.22% in the past 14 days, which was higher than the 42.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $65.77, while its 200-day Moving Average is $69.92. Now, the first resistance to watch is $55.02. This is followed by the second major resistance level at $55.40. The third major resistance level sits at $55.73. If the price goes on to break the first support level at $54.31, it is likely to go to the next support level at $53.98. Assuming the price breaks the second support level, the third support level stands at $53.60.

ON Semiconductor Corp (NASDAQ: ON) Key Stats

There are currently 425,797K shares outstanding in the company with a market cap of 23.26 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.