ON Semiconductor Corp (NASDAQ:ON) shares traded 3.30% higher at $36.62 on Wall Street last session.
ON stock price is now -15.27% away from the 50-day moving average and -40.81% away from the 200-day moving average. The market capitalization of the company currently stands at $15.46B.
With the price target reduced from $100 to $90, B. Riley Securities maintained Buy rating for ON Semiconductor Corp (NASDAQ: ON). On January 10, 2025, Truist Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $85 to quote $60, while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, Campbell Alan, Director sold 10,000 shares of the company’s stock on Mar 12 ’25. The stock was sold for $432,257 at an average price of $43.23. Upon completion of the transaction, the Director now directly owns 85,006 shares in the company, valued at $3.11 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 12 ’25, Director ALAN CAMPBELL bought 10,000 shares of the business’s stock. A total of $432,256 was incurred on buying the stock at an average price of $43.23. A total of 0.70% of the company’s stock is owned by insiders.
During the past 12 months, ON Semiconductor Corp has had a low of $31.04 and a high of $80.08. As of last week, the company has a debt-to-equity ratio of 0.41, a current ratio of 5.06, and a quick ratio of 3.38. According to the stock market information, the enterprise value for the company is $16098127872, which is based on a 10.08 price-to-earnings ratio, a 0.92 price-to-earnings-growth ratio, and a beta of 1.42. The fifty day moving average price for ON is $43.4286 and a two-hundred day moving average price translates $62.05675 for the stock.
The latest earnings results from ON Semiconductor Corp (NASDAQ: ON) was released for 2024-12-31. The net profit margin was 22.21% and return on equity was 18.97% for ON. The company reported revenue of $1.72 billion for the quarter, compared to $2.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.65 percent.
