ON Semiconductor (ON) Stumbles -2.6% on Below Average Volume

Large-cap Technology company ON Semiconductor has moved -2.6% so far today on a volume of 3,614,804, compared to its average of 6,952,301. In contrast, the S&P 500 index moved 0.0%.

ON Semiconductor trades 3.11% away from its average analyst target price of $99.04 per share. The 24 analysts following the stock have set target prices ranging from $80.0 to $120.0, and on average have given ON Semiconductor a rating of buy.

Anyone interested in buying ON should be aware of the facts below:

  • ON Semiconductor's current price is 303.1% above its Graham number of $25.33, which implies that at its current valuation it does not offer a margin of safety

  • Based on its trailing earnings per share of 4.29, ON Semiconductor has a trailing 12 month Price to Earnings (P/E) ratio of 23.8 while the S&P 500 average is 15.97

  • ON has a forward P/E ratio of 18.9 based on its forward 12 month price to earnings (EPS) of $5.41 per share

  • The company has a price to earnings growth (PEG) ratio of 3.45 — a number near or below 1 signifying that ON Semiconductor is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 6.84 compared to its sector average of 6.23

  • ON Semiconductor Corporation provides intelligent sensing and power solutions in the United States and internationally.

  • Based in Scottsdale, the company has 31,000 full time employees and a market cap of $44.1 Billion.

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.

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