ON Semiconductor Corporation offers a portfolio of sensors, power management, connectivity, custom and system on chip , analog, logic, timing, and discrete devices. The company has market cap of $5.90 billion. The Company’s divisions include Power Solutions Group, Analog Solutions Group and Image Sensor Group. It has a 32.95 P/E ratio. The Power Solutions Group offers a range of discrete, module and integrated semiconductor products.
Analysts await ON Semiconductor Corp (NASDAQ:ON) to report earnings on May, 8. They expect $0.26 EPS, up 52.94% or $0.09 from last year’s $0.17 per share. ON’s profit will be $108.18M for 13.63 P/E if the $0.26 EPS becomes a reality. After $0.32 actual EPS reported by ON Semiconductor Corp for the previous quarter, Wall Street now forecasts -18.75% negative EPS growth.
Ratings analysis reveals 65% of ON Semiconductor Corp.’s analysts are positive. Out of 17 Wall Street analysts rating ON Semiconductor Corp., 11 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $9.50 while the high is $20. The stock’s average target of $13.90 is -1.97% below today’s ($14.18) share price. ON was included in 26 notes of analysts from August 4, 2015. Goldman Sachs maintained ON Semiconductor Corp (NASDAQ:ON) rating on Wednesday, October 26. Goldman Sachs has “Neutral” rating and $13 target. As per Wednesday, August 24, the company rating was upgraded by Longbow. The firm has “Buy” rating given on Thursday, November 19 by Citigroup. Stephens initiated the stock with “Equal-Weight” rating in Thursday, June 2 report. Wedbush downgraded the stock to “Neutral” rating in Tuesday, August 4 report. As per Thursday, September 22, the company rating was upgraded by Morgan Stanley. As per Tuesday, February 14, the company rating was maintained by Mizuho. Drexel Hamilton downgraded the shares of ON in report on Friday, August 14 to “Hold” rating. As per Tuesday, September 20, the company rating was initiated by Deutsche Bank. The firm earned “Buy” rating on Tuesday, September 20 by Stifel Nicolaus.
About 141,455 shares traded. ON Semiconductor Corp (NASDAQ:ON) has risen 31.38% since September 8, 2016 and is uptrending. It has outperformed by 24.61% the S&P500.
