ON Semiconductor (NASDAQ:ON) Earns "Hold (C-)" Rating from Weiss Ratings

Key Points

• ON Semiconductor received a "Hold (C-)" rating from Weiss Ratings, with twelve analysts giving it a Buy rating and fifteen assigning a Hold rating.
• The company's stock has seen its target prices cut by several analysts, with the average target price currently at $56.75.
• In its last quarterly earnings report, ON Semiconductor missed earnings estimates, reporting $0.53 EPS compared to the consensus estimate of $0.54.

ON Semiconductor (NASDAQ:ON - Get Free Report)'s stock had its "hold (c-)" rating restated by research analysts at Weiss Ratings in a report released on Saturday,Weiss Ratings reports.

Other equities research analysts have also recently issued research reports about the company. Susquehanna reaffirmed a "positive" rating and set a $65.00 price target (down previously from $75.00) on shares of ON Semiconductor in a report on Tuesday, August 5th. Bank of America cut their price target on ON Semiconductor from $56.00 to $52.00 and set a "neutral" rating on the stock in a report on Friday, September 5th. Citigroup dropped their target price on ON Semiconductor from $60.00 to $54.00 and set a "neutral" rating on the stock in a report on Tuesday, August 5th. Rosenblatt Securities dropped their target price on ON Semiconductor from $55.00 to $50.00 and set a "neutral" rating on the stock in a report on Tuesday, August 5th. Finally, Stifel Nicolaus boosted their target price on ON Semiconductor from $42.00 to $50.00 and gave the stock a "hold" rating in a report on Friday, July 18th. Twelve investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. According to data from MarketBeat.com, ON Semiconductor presently has an average rating of "Hold" and an average target price of $56.75.

ON Semiconductor Stock Performance

ON opened at $50.71 on Friday. The business's 50 day moving average is $50.08 and its 200-day moving average is $48.83. The stock has a market cap of $20.74 billion, a PE ratio of 47.39, a price-to-earnings-growth ratio of 2.52 and a beta of 1.49. The company has a current ratio of 5.02, a quick ratio of 3.37 and a debt-to-equity ratio of 0.42. ON Semiconductor has a twelve month low of $31.04 and a twelve month high of $76.06.

ON Semiconductor (NASDAQ:ON - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by ($0.01). The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.45 billion. ON Semiconductor had a net margin of 7.28% and a return on equity of 15.33%. The business's quarterly revenue was down 15.4% on a year-over-year basis. During the same period last year, the firm posted $0.96 EPS. ON Semiconductor has set its Q3 2025 guidance at 0.540-0.640 EPS. On average, analysts predict that ON Semiconductor will post 2.6 earnings per share for the current year.

Insider Transactions at ON Semiconductor

In other ON Semiconductor news, CEO Hassane El-Khoury sold 15,000 shares of ON Semiconductor stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $51.22, for a total value of $768,300.00. Following the transaction, the chief executive officer owned 977,814 shares in the company, valued at approximately $50,083,633.08. The trade was a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.31% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Costello Asset Management INC acquired a new position in ON Semiconductor in the first quarter worth approximately $26,000. Private Trust Co. NA grew its position in ON Semiconductor by 72.8% in the third quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company's stock worth $26,000 after buying an additional 220 shares during the last quarter. Golden State Wealth Management LLC grew its position in ON Semiconductor by 83.3% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the semiconductor company's stock worth $29,000 after buying an additional 320 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new position in ON Semiconductor in the second quarter worth approximately $29,000. Finally, Rexford Capital Inc. acquired a new position in ON Semiconductor in the second quarter worth approximately $31,000. Institutional investors and hedge funds own 97.70% of the company's stock.

ON Semiconductor Company Profile

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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