Shares of Technology sector company ON Semiconductor moved 3.3% today, and are now trading at a price of $75.84. The large-cap stock's daily volume was 6,244,749 compared to its average volume of 6,755,644. 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 Scottsdale and has 31,000 full time employees. Its market capitalization is $32,664,133,632.
25 analysts are following ON Semiconductor and have set target prices ranging from $60.0 to $110.0 per share. On average, they have given the company a rating of buy. At today's prices, ON is trading -11.94% away from its average analyst target price of $86.12 per share.
Over the last year, ON's share price has increased by 5.0%, which represents a difference of -12.0% when compared to the S&P 500. The stock's 52 week high is $111.35 per share whereas its 52 week low is $59.61. ON Semiconductor's average free cash flow over the last 6 years has been $826.03 Million, but they have been decreasing at an average rate of -4.7%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 2,097,600 | 1,527,100 | 570,500 | -64.96 |
| 2022 | 2,633,100 | 1,005,000 | 1,628,100 | 21.74 |
| 2021 | 1,782,000 | 444,600 | 1,337,400 | 167.11 |
| 2020 | 884,300 | 383,600 | 500,700 | 212.74 |
| 2019 | 694,700 | 534,600 | 160,100 | -78.92 |
| 2018 | 1,274,200 | 514,800 | 759,400 |
