Onsemi (NASDAQ:ON) Posts Earnings Results, Beats Expectations By $0.04 EPS

Onsemi (NASDAQ:ON - Get Free Report) released its earnings results on Monday. The semiconductor company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.04, Zacks reports. Onsemi had a return on equity of 20.10% and a net margin of 22.21%. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the previous year, the company posted $1.08 EPS. Onsemi's revenue was down 22.4% compared to the same quarter last year. Onsemi updated its Q2 2025 guidance to 0.480-0.580 EPS.

Onsemi Price Performance

Onsemi stock traded up $0.29 during midday trading on Wednesday, reaching $38.80. 9,661,897 shares of the company were exchanged, compared to its average volume of 7,595,914. The firm's 50-day simple moving average is $39.89 and its 200-day simple moving average is $54.37. Onsemi has a 1 year low of $31.04 and a 1 year high of $80.08. The company has a market capitalization of $16.38 billion, a price-to-earnings ratio of 10.69, a P/E/G ratio of 16.74 and a beta of 1.39. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.38 and a current ratio of 5.06.

Analyst Ratings Changes

ON has been the topic of several analyst reports. Roth Capital set a $60.00 price objective on Onsemi in a research note on Friday, March 7th. Mizuho decreased their price objective on Onsemi from $71.00 to $62.00 and set an "outperform" rating for the company in a research note on Monday, March 24th. Wells Fargo & Company cut their target price on shares of Onsemi from $60.00 to $45.00 and set an "overweight" rating on the stock in a research note on Tuesday. Craig Hallum lowered their price target on shares of Onsemi from $78.00 to $50.00 and set a "hold" rating for the company in a report on Tuesday, February 11th. Finally, Benchmark reduced their price objective on shares of Onsemi from $60.00 to $50.00 and set a "buy" rating on the stock in a report on Tuesday. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $54.32.

About Onsemi

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.