Quick Update for ON Semiconductor (ON) Investors

ON Semiconductor logged a -3.5% change during today's evening session, and is now trading at a price of $93.1 per share. On average, analysts give it a target price of $121.21.

ON Semiconductor Corporation provides intelligent sensing and power solutions in the United States and internationally. The large-cap company is based in the United States.

What to Consider if You Are Thinking of Buying ON Semiconductor:

  • ON Semiconductor has moved 35.0% over the last year.

  • ON has a forward P/E ratio of 16.3 based on its EPS guidance of 5.7.

  • Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 14.9%.

  • The company has a price to earnings growth (PEG) ratio of 2.49.

  • Its Price to Book (P/B) ratio is 5.75

ON Semiconductor Has a Pattern of Improving Cash Flows

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023-02-06 2,633,100 -945,900 3,579,000 61.76
2022-02-14 1,782,000 -430,600 2,212,600 75.38
2021-02-16 884,300 -377,300 1,261,600 2.79
2020-02-19 694,700 -532,700 1,227,400 -29.96
2019-02-20 1,274,200 -478,300 1,752,500 19.43
2018-02-21 1,094,200 -373,200 1,467,400

ON Semiconductor's free cash flow history is impressive because it displays year-on-year increases over the last 6 years. Averaging out at $1.92 Billion, and following a compounded average growth rate of 0.0%, investors who focus on cash flow growth should do further research on this firm.

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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