Here's What You May Have Missed About ON Semiconductor (ON)

Shares of Technology sector company ON Semiconductor moved -3.5% today, and are now trading at a price of $78.29. The large-cap stock's daily volume was 2,880,616 compared to its average volume of 7,195,459. The S&P 500 index returned a -1.0% performance.

ON Semiconductor Corporation provides intelligent sensing and power solutions in the United States and internationally. The company is based in Phoenix and has 31,000 full time employees. Its market capitalization is $33,818,775,552.

25 analysts are following ON Semiconductor and have set target prices ranging from $78.0 to $105.0 per share. On average, they have given the company a rating of buy. At today's prices, ON is trading -15.01% away from its average analyst target price of $92.12 per share.

Over the last year, ON's share price has increased by 45.7%, which represents a difference of 55.0% 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. With an average free cash flow of $836,975,000.0 that have been growing at an average rate of 203.1% over the last four years, ON Semiconductor is in a position to continue its strong stock performance trend.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) FreeCashFlow ($ k) YoY Growth (%)
2022-12-31 2,633,100 -1,036,000 1,597,100 23.81
2021-12-31 1,782,000 -492,000 1,290,000 221.94
2020-12-31 884,300 -483,600 400,700 566.72
2019-12-31 694,700 -634,600 60,100 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.