ON Semiconductor Corporation Company Profile (NASDAQ:ON)

ON Semiconductor Corporation trades on the NASDAQ under the ticker symbol "ON."

ON Semiconductor Corporation (NASDAQ:ON) released its quarterly earnings data on Monday, August, 8th. The company reported $0.21 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.02. The company had revenue of $877.80 million for the quarter, compared to the consensus estimate of $854.55 million. ON Semiconductor Corporation had a return on equity of 22.74% and a net margin of 5.88%. ON Semiconductor Corporation's revenue for the quarter was down .3% on a year-over-year basis. During the same quarter last year, the business posted $0.22 EPS. View ON Semiconductor Corporation's Earnings History.

ON Semiconductor Corporation is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for ON Semiconductor Corporation.

18 equities research analysts have issued 1-year target prices for ON Semiconductor Corporation's stock. Their predictions range from $14.50 to $25.00. On average, they anticipate ON Semiconductor Corporation's stock price to reach $19.22 in the next year. View Analyst Ratings for ON Semiconductor Corporation.

Here are some recent quotes from research analysts about ON Semiconductor Corporation stock:

• 1. According to Zacks Investment Research, "ON Semi's Fairchild acquisition has helped the company to grab a dominant position in the power semiconductor market with a planned focus on smartphone, automotive and industrial end markets. Further, a diversified customer and product base coupled with improving end-markets has insulated the company against certain end-market and geographical demand volatility. Lower customer and product concentration risk is therefore a positive for its top line. Moreover, growing demand and greater adoption of CMOS image sensor business and ADAS related applications have given ON Semi a significant growth opportunity in the automotive market. Further, On Semi has outperformed the industry on a year-to-date basis. Meanwhile, estimates have been stable lately ahead of the company’s Q3 earnings release. However, leveraged balance sheet remains a concern." (10/17/2017)
• 2. Needham & Company LLC analysts commented, "Last Friday, we hosted a series of investor meetings in Boston with Bernard Gutmann, CFO and Parag Agarwal, IR. Rarely do we find a situation in semis where a company is firing on all cylinders: 1) substantial earnings growth (50%+ through‘20) based on a highly complementary acquisition (FCS) which initially was viewed skeptically; 2) a gross margin expansion story where margins have a clear path to expand 300bps over the next two years; 3) a company that is well positioned to capitalize on three of the biggest trends in technology – the proliferation of ADAS/ AV vehicles, the electrification of vehicles as well as buildings, and the trend towards automation and robotics and lastly 4) undervalued, trading at 50-60% discount to its peers on ’18 earnings (10.6x P/E) and 40-50% discount on EV/EBITDA (8.3x)." (9/11/2017)
• 3. Robert W. Baird analysts commented, "Management reiterated the company's focus into higher-growth end markets, namely automotive, industrial, and communications, raised Fairchild-related synergy targets, reiterated its focus on deleveraging, and introduced financial targets for 2020. Reiterating Outperform rating." (3/13/2017)
• 4. Mizuho analysts commented, "ON held its analyst day on Friday, laying out its vision to 2020E. ON remains focused on automotive, industrial, and communications markets, intending to grow these from 74% of revenue in 4Q16 to ~82% of 2020 expected revenue of ~ $5.6B. By 2020 ON expects ~$900M/yr of FCF, a ~40% GM, and EPS of ~$2.00 (the F17E consensus is $1.23) as it executes cost synergies, fab consolidations and product/mix re-positioning. We're reiterating our Buy, maintaining our estimates, and raising our PT to $18 from $17." (3/13/2017)

Some companies that are related to ON Semiconductor Corporation include Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), Freescale Semiconductor Ltd (FSL), Advanced Semiconductor Engineering (ASX), Marvell Technology Group (MRVL), Arrow Electronics (ARW), United Microelectronics Corporation (UMC), Coherent (COHR), Semiconductor Manufacturing International Corporation (SMI), Microsemi Corporation (MSCC), Cypress Semiconductor Corporation (CY), Jabil Circuit (JBL), Siliconware Precision Industries Company (SPIL), Cavium (CAVM), Monolithic Power Systems (MPWR), Silicon Laboratories (SLAB), Integrated Device Technology (IDTI) and Advanced Energy Industries (AEIS).

ON Semiconductor Corporation's management team includes the folowing people:

• Alan D. Campbell, Chairman of the Board
• Keith D. Jackson, President, Chief Executive Officer, Director
• Bernard Gutmann, Chief Financial Officer, Executive Vice President, Treasurer
• William A. Schromm, Chief Operating Officer, Executive Vice President
• George H. Cave III, Executive Vice President, Chief Compliance & Ethics Officer, Chief Risk Officer, Corporate Secretary
• William M. Hall, Executive Vice President, General Manager-Standard Products Group
• Robert A. Klosterboer, Executive Vice President, General Manager - Application Products Group
• Paul E. Rolls, Executive Vice President - Worldwide Sales and Marketing
• Bernard Raymond Colpitts Jr., Principal Accounting Officer; Chief Accounting Officer of Semiconductor Components Industries, LLC
• Taner Ozcelik, Senior Vice President, General Manager - Image Sensor Group

Shares of ON Semiconductor Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ON Semiconductor Corporation stock can currently be purchased for approximately $19.71.