ON Semiconductor's (ON) Hold (C-) Rating Reaffirmed at Weiss Ratings

Key Points

• ON Semiconductor's stock has received a "Hold (C-)" rating from Weiss Ratings, indicating a cautious outlook amidst mixed analyst opinions.
• Several analysts have adjusted their price targets for ON Semiconductor, with estimates ranging from $50.00 to $65.00 and a current average target price of approximately $56.68.
• The company reported $0.53 earnings per share for the last quarter, slightly below expectations, and its revenue decreased by 15.4% year over year.

ON Semiconductor (NASDAQ:ON - Get Free Report)'s stock had its "hold (c-)" rating reaffirmed by research analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

A number of other research firms have also weighed in on ON. JPMorgan Chase & Co. boosted their target price on shares of ON Semiconductor from $48.00 to $56.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Stifel Nicolaus upped their price objective on shares of ON Semiconductor from $42.00 to $50.00 and gave the company a "hold" rating in a research report on Friday, July 18th. Susquehanna reaffirmed a "positive" rating and set a $65.00 price objective (down previously from $75.00) on shares of ON Semiconductor in a research report on Tuesday, August 5th. Wells Fargo & Company cut their price objective on shares of ON Semiconductor from $65.00 to $62.00 and set an "overweight" rating for the company in a research report on Tuesday, August 5th. Finally, KeyCorp upped their price objective on shares of ON Semiconductor from $50.00 to $65.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Twelve investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $56.68.

ON Semiconductor Stock Up 5.6%

ON stock opened at $50.88 on Wednesday. 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 1 year low of $31.04 and a 1 year high of $76.06. The company has a fifty day simple moving average of $49.81 and a 200 day simple moving average of $47.77. The firm has a market cap of $20.81 billion, a PE ratio of 47.55, a PEG ratio of 2.40 and a beta of 1.49.

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

Insiders Place Their Bets

In related news, CEO Hassane El-Khoury sold 15,000 shares of the 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 directly owned 977,814 shares in the company, valued at $50,083,633.08. This represents a 1.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.31% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Trust Co. of Toledo NA OH bought a new position in shares of ON Semiconductor in the 2nd quarter valued at about $29,000. Rexford Capital Inc. bought a new stake in shares of ON Semiconductor during the 2nd quarter worth about $31,000. Darwin Wealth Management LLC bought a new stake in shares of ON Semiconductor during the 2nd quarter worth about $32,000. Costello Asset Management INC bought a new stake in shares of ON Semiconductor during the 1st quarter worth about $26,000. Finally, Evelyn Partners Asset Management Ltd acquired a new stake in ON Semiconductor in the 2nd quarter worth about $35,000. Institutional investors own 97.70% of the company's stock.

About ON Semiconductor

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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