ON Semiconductor Corporation (NASDAQ:ON - Free Report) - Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of ON Semiconductor in a research report issued on Wednesday, June 18th. Cantor Fitzgerald analyst M. Prisco anticipates that the semiconductor company will post earnings per share of $2.30 for the year. Cantor Fitzgerald has a "Neutral" rating and a $55.00 price objective on the stock. The consensus estimate for ON Semiconductor's current full-year earnings is $2.60 per share. Cantor Fitzgerald also issued estimates for ON Semiconductor's FY2026 earnings at $3.25 EPS.
ON Semiconductor (NASDAQ:ON - Get Free Report) last released its quarterly earnings data on Monday, May 5th. The semiconductor company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.04. The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.40 billion. ON Semiconductor had a return on equity of 17.40% and a net margin of 9.51%. The company's revenue was down 22.4% compared to the same quarter last year. During the same period last year, the company posted $1.08 EPS.
ON has been the subject of a number of other research reports. Robert W. Baird reduced their target price on ON Semiconductor from $42.00 to $34.00 and set a "neutral" rating for the company in a report on Tuesday, May 6th. KGI Securities began coverage on ON Semiconductor in a report on Friday, May 23rd. They issued a "neutral" rating for the company. Wells Fargo & Company increased their target price on ON Semiconductor from $45.00 to $60.00 and gave the company an "overweight" rating in a report on Monday, June 16th. Benchmark reduced their target price on ON Semiconductor from $60.00 to $50.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. Finally, Mizuho increased their target price on ON Semiconductor from $52.00 to $60.00 and gave the company an "outperform" rating in a report on Wednesday, June 18th. Thirteen research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $55.62.
Check Out Our Latest Stock Report on ON Semiconductor
ON Semiconductor Price Performance
ON opened at $52.82 on Monday. The stock has a fifty day moving average of $43.53 and a 200-day moving average of $49.05. The firm has a market capitalization of $22.07 billion, a P/E ratio of 36.68, a PEG ratio of 4.31 and a beta of 1.39. ON Semiconductor has a 12-month low of $31.04 and a 12-month high of $80.08. The company has a quick ratio of 3.32, a current ratio of 4.95 and a debt-to-equity ratio of 0.42.
Hedge Funds Weigh In On ON Semiconductor
Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in shares of ON Semiconductor by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 51,135,303 shares of the semiconductor company's stock valued at $3,224,081,000 after purchasing an additional 344,354 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of ON Semiconductor by 9.2% in the fourth quarter. Janus Henderson Group PLC now owns 12,377,264 shares of the semiconductor company's stock valued at $780,387,000 after purchasing an additional 1,041,989 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of ON Semiconductor by 1.0% in the first quarter. Ameriprise Financial Inc. now owns 11,328,463 shares of the semiconductor company's stock valued at $460,958,000 after purchasing an additional 110,735 shares during the last quarter. Norges Bank acquired a new stake in shares of ON Semiconductor in the fourth quarter valued at about $378,312,000. Finally, Baillie Gifford & Co. acquired a new stake in shares of ON Semiconductor in the first quarter valued at about $219,001,000. 97.70% of the stock is currently owned by institutional investors.
About ON Semiconductor
(
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onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.
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