Short Term Outlook For ON Semiconductor Corp. (NASDAQ:ON)


ON Semiconductor Corp. (NASDAQ:ON) closed its last session at $22.34. The stock traded within a range of $21.64 and $22.37. The company operates in the Technology sector with a market capitalization of 9.43 Million. Trading volume for ON Semiconductor Corp. was 7.33 Million in its previous trading session. Currently, ON Semiconductor Corp. (NASDAQ:ON) has an average volume of 6.87 Million.

Company Profile

ON SEMICON CORP. is a supplier of broadband and power management integrated circuits and standard semiconductors used in numerous advanced devices ranging from high-speed fiber optic networking equipment to the precise power management functions found in portable electronics. Their products provide clock management and data flow management for precision computing and communications systems, and power management for distributing and monitoring the supply of power to the different elements within virtually every electronic device.

Analyst Views

ON Semiconductor Corp. (NASDAQ:ON) received a Buy rating from 2 analysts. 0 analysts gave its stock an Outperform rating. 0 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

ON Semiconductor Corp. (NASDAQ:ON) touched its 1-Year High price of $25.60 on 01/23/18 and its 1-Year Low price of $13.65 on 07/06/17.

EPS & Financials

ON Semiconductor Corp. (NASDAQ:ON) reported its EPS in the last quarter as $0.39/Share beating the analyst estimate of $0.37/Share by a difference of $0.02. This showed a surprise of 5.4% in the last quarter earnings.

For the current quarter, 20 analysts are projecting a mean EPS of $0.39/share. According to their observations and findings, the stock could provide a high EPS of $0.4/share and a low EPS of $0.38/share.

Analysts believe that the company has the potential to earn average revenue of $1.36 Billion for the current quarter. According to their predictions high & low revenue estimates are 1.37 Billion and 1.34 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. ON Semiconductor Corp. (NASDAQ:ON) has a 20-Day average volume of 9.75 Million. According to today’s trading volume ON Semiconductor Corp. is BELOW its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 1.4 Percent and Institutional ownership of 0 Percent. The return on assets stands at 4.3%, Return on Equity currently is 14.4% and the Return on Investment value is 5.9%.

ON Semiconductor Corp. (NASDAQ:ON) gross margin percentage stands at 36.7% while its operating margin for the past trailing twelve month is 9 percent and its overall profit margin (ttm) is 5.3 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -5.56% with a 50-Day Simple Moving Average of 1.14 percent. As of today, the company has a SMA200 (200-day simple moving average) of 21.75 Percent. The Stock has YTD (year to date) performance of 6.69 percent.

The TTM operating margin for the company stands at 9%. The return on invested capital is at 5.9%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 11.26.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 21.75%, and has a solid year to date (YTD) performance of 6.69% which means that the stock is constantly adding to its value from the previous fiscal year end price.