ON Semiconductor (ON) – Latest News for Investors

Join us for a quick overview of ON Semiconductor, a Semiconductors company whose shares moved 1.1% today. Here are some facts about the stock that should help you see the bigger picture:

  • ON Semiconductor has moved 30.8% over the last year, and the S&P 500 logged a change of 24.0%

  • ON has an average analyst rating of buy and is -1.87% away from its mean target price of $86.31 per share

  • Its trailing earnings per share (EPS) is $4.96

  • ON Semiconductor has a trailing 12 month Price to Earnings (P/E) ratio of 17.1 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $4.79 and its forward P/E ratio is 17.7

  • The company has a Price to Book (P/B) ratio of 4.87 in contrast to the S&P 500's average ratio of 2.95

  • ON Semiconductor is part of the Technology sector, which has an average P/E ratio of 35.0 and an average P/B of 7.92

  • ON has reported YOY quarterly earnings growth of 85.8% and gross profit margins of 0.5%

  • The company has a free cash flow of $251.52 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • ON Semiconductor Corporation provides intelligent sensing and power solutions in the United States and internationally. The company operates through three segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems. The company offers analog, discrete, module, and integrated semiconductor products that perform multiple application functions, includes power switching and conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions. The company also designs and develops analog, mixed-signal, advanced logic, application specific standard product and ASICs, radio frequency, and integrated power solutions for end-users in end-markets, as well as provides foundry and design services for government customers. In addition, it develops complementary metal oxide semiconductor image sensors, image signal processors, and single photon detectors, include silicon photomultipliers and single photon avalanche diode arrays, as well as actuator drivers for autofocus and image stabilization for a broad base of end-users in various end-markets. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Scottsdale, Arizona.

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.

IN FOCUS