ON (NASDAQ:ON) Initiated by UBS Group AG to Neutral

ON stock has undergone multiple analysts rating changes in the recent past.  ON Initiated by UBS Group AG on 10/13/2021. In a note to investors, the firm issued a new rating of Neutral. The analysts previously had rating of No Rating.

Shares of ON traded on Tuesday, reaching $42.35. 1316 shares of the stock traded hands, compared to its average volume of 4902478. Shares of ON were trading at $42.35 on Tuesday. The firm’s 50 day moving average is $45.40 and its 200 day moving average is $40.17.ON has a 12 month low of $42.06 and a 12 month high of $49.78. While on yearly highs and lows, ON’s today has traded high as $43.85 and has touched $42.06 on the downward trend. See More Analyst Rating at: RATING

ON Earnings and What to expect: 

ON Semiconductor last released its earnings results on August 1st, 2021. The semiconductor company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.14. The firm earned $1.67 billion during the quarter, compared to the consensus estimate of $1.62 billion. Its quarterly revenue was up 37.6% compared to the same quarter last year. ON Semiconductor has generated $0.85 earnings per share over the last year ($1.21 diluted earnings per share) and currently has a price-to-earnings ratio of 35.0. Earnings for ON Semiconductor are expected to grow by 11.65% in the coming year, from $2.49 to $2.78 per share. ON Semiconductor has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, October 29th, 2021 based off prior year’s report dates.

Earnings for ON Semiconductor are expected to grow by 11.65% in the coming year, from $2.49 to $2.78 per share. The P/E ratio of ON Semiconductor is 35.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.78. The P/E ratio of ON Semiconductor is 35.00, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 39.02. ON Semiconductor has a PEG Ratio of 0.35. PEG Ratios below 1 indicate that a company could be undervalued. ON Semiconductor has a P/B Ratio of 4.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

ON (NASDAQ:ON) Moving Average Technical Analysis

5 day Moving Average is $44.05 And 5 day price change is -$3.29 (-7.21%)  with average volume for 5 day average is 4,487,580. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $46.75 and 20 day price change is -$5.50 (-11.49%) and average 20 day moving volume is 5,166,505. 50 day moving average is $45.40  and 50 day price change is -$1.29 ( -2.96%)  and with average volume for 50 days is : 5,492,326. 200 day moving average is $40.17  and 200 day price change is $10.36 (32.39%)  and with average volume for 200 days is : 6,178,049.

Other owners latest trading in ON :

  • On 10/12/2021 shares held by Koshinski Asset Management Inc. were 1,575 which equates to market value of $72K and appx 0.00% owners of ON
  • On 10/12/2021 shares held by Three Peaks Capital Management LLC were 50,579 which equates to market value of $2.32M and appx 0.80% owners of ON
  • On 10/12/2021 shares held by Pensionfund DSM Netherlands were 7,300 which equates to market value of $0.33M and appx 0.00% owners of ON
  • In total Institutional ownership equates to Institutional Ownership Percentage: 91.15% for ON

See More Analyst Rating at: RATING