During the morning session, ON Semiconductor moved 3.28%, compared to 0.14% for the S&P 500.
ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. The company is now trading -10.33% away from its average analyst target price of $90.64 per share. The 25 analysts following the stock have set target prices ranging from $78.0 to $105.0, and on average give ON Semiconductor a rating of buy.
Over the last year, ON shares have gone up 41.06%, which represents a difference of 47.87% when compared to the S&P 500. The stock's 52 week high is $87.55 per share whereas its 52 week low is $44.76. Based on ON Semiconductor's average gross margins growth of 6.03% over the last four years, its core business remains strong and the stock price may maintain this level of performance.
| Date Reported | Revenue (k) | Cost of Revenue (k) | Gross Margin | YoY Growth |
|---|---|---|---|---|
| 2022-12-31 | $8,326,200 | $4,249,000 | 48.97% | 21.6% |
| 2021-12-31 | $6,739,800 | $4,025,500 | 40.27% | 23.34% |
| 2020-12-31 | $5,255,000 | $3,539,200 | 32.65% | -8.72% |
| 2019-12-31 | $5,517,900 | $3,544,300 | 35.77% | -6.07% |
| 2018-12-31 | $5,878,300 | $3,639,600 | 38.08% | n/a |
