NASDAQ:ON - ON Semiconductor Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$22.01 +0.10 (+0.46 %)
(As of 03/20/2019 07:50 AM ET)
Previous Close$21.91
Today's Range$21.82 - $23.31
52-Week Range$14.55 - $26.79
Volume7.83 million shs
Average Volume5.98 million shs
Market Capitalization$9.02 billion
P/E Ratio11.23
Dividend YieldN/A
Beta2.05
ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. The company operates in three segments: Power Solutions Group, Analog Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and integrated semiconductor products for various applications, such as power switching and conversion, signal conditioning, circuit protection, signal amplification, and voltage reference. The Analog Solutions Group segment designs and develops analog, mixed-signal, and logic application specific integrated circuits and standard products, as well as power solutions for various end-users in the automotive, consumer, computing, industrial, communications, medical, and aerospace/defense markets. It also provides trusted foundry and design for government customers; and manufacturing services, as well as integrated passive devices product technology. The Intelligent Sensing Group segment offers complementary metal oxide semiconductors and charge-coupled device image sensors, as well as proximity sensors, image signal processors, single photon detectors, and actuator drivers for autofocus and image stabilization for a range of customers in automotive, industrial, consumer, wireless, medical, and aerospace/defense markets. The company serves original equipment manufacturers, distributors, and electronic manufacturing service providers. ON Semiconductor Corporation was founded in 1999 and is headquartered in Phoenix, Arizona.

Receive ON News and Ratings via Email

Sign-up to receive the latest news and ratings for ON and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone602-244-6600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.88 billion
Cash Flow$3.2607 per share
Book Value$7.59 per share

Profitability

Net Income$627.40 million

Miscellaneous

Employees35,700
Market Cap$9.02 billion
Next Earnings Date4/29/2019 (Estimated)
OptionableOptionable

ON Semiconductor (NASDAQ:ON) Frequently Asked Questions

What is ON Semiconductor's stock symbol?

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

How will ON Semiconductor's stock buyback program work?

ON Semiconductor declared that its Board of Directors has initiated a stock repurchase program on Thursday, November 15th 2018, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 20.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its shares are undervalued.

How were ON Semiconductor's earnings last quarter?

ON Semiconductor Corp (NASDAQ:ON) issued its quarterly earnings data on Friday, February, 1st. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.48 by $0.05. The semiconductor company earned $1.50 billion during the quarter, compared to analyst estimates of $1.50 billion. ON Semiconductor had a return on equity of 26.91% and a net margin of 10.67%. View ON Semiconductor's Earnings History.

When is ON Semiconductor's next earnings date?

ON Semiconductor is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for ON Semiconductor.

What guidance has ON Semiconductor issued on next quarter's earnings?

ON Semiconductor issued an update on its first quarter 2019 earnings guidance on Friday, February, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.365-1.415 billion, compared to the consensus revenue estimate of $1.46 billion.

What price target have analysts set for ON?

13 analysts have issued 12 month price targets for ON Semiconductor's stock. Their forecasts range from $14.50 to $32.00. On average, they anticipate ON Semiconductor's stock price to reach $24.5417 in the next year. This suggests a possible upside of 11.5% from the stock's current price. View Analyst Price Targets for ON Semiconductor.

What is the consensus analysts' recommendation for ON Semiconductor?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ON Semiconductor in the last year. There are currently 1 sell rating, 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ON Semiconductor.

What are Wall Street analysts saying about ON Semiconductor stock?

Here are some recent quotes from research analysts about ON Semiconductor stock:
  • 1. Needham & Company LLC analysts commented, "At its 2019 Analyst Day, we believe ON effectively outlined its long-term strategy to address the biggest secular trends in the semiconductor industry: ADAS, electrification, machine vision and robotics and 5G infrastructure. We are particularly encouraged by the company’s momentum in 5G infrastructure and server power management, which represent upside drivers to the model. ON also introduced an impressive 2022 target that called for revenue of $7.1BN and EPS of $3.00 (vs. our 2019 ests. of $5.9BN/$1.95). Importantly, in just three years, management expects 72% of its business will be exposed to auto, industrial, and cloud power (vs. 65% today) and cloud power to double from current levels. Moreover, we believe ON is undergoing a favorable mix shift to higher margin, higher valued-added products with longer design cycles, better pricing models, and stronger supplier dynamics (i.e." (3/11/2019)
  • 2. According to Zacks Investment Research, "ON Semi is an original equipment manufacturer (OEM) of a broad range of discrete and embedded semiconductor components. ON Semi continues to gain from its strength in automotive and industrial end-markets. The addition of Fairchild’s offerings has expanded its product portfolio. Robust demand, adoption and favorable product mix of the company’s diversified product portfolio are key positives. Notably, estimates have been stable lately ahead of the company’s Q4 earnings release. However, a considerable debt burden and integration risks from company’s acquisitions remain major headwinds. Restructuring activities are anticipated to limit margin expansion. Further, stiff competition remains a woe. Notably, shares of ON Semi have underperformed the industry in the past year." (1/28/2019)
  • 3. Mizuho analysts commented, "We estimate ~$0.51, versus consensus of $0.48. Days of inventory were 122 days, down slightly q/q, and distribution channel inventory was down modestly q/q and in the normal 11-13 week range. 2Q18 lead times were up q/q while fab utilization was down q/q. ON has noted it expects to see 2020 GM at 40%." (7/30/2018)

Has ON Semiconductor been receiving favorable news coverage?

News stories about ON stock have trended neutral recently, InfoTrie reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ON Semiconductor earned a daily sentiment score of 0.3 on InfoTrie's scale. They also assigned press coverage about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Are investors shorting ON Semiconductor?

ON Semiconductor saw a drop in short interest in the month of February. As of February 28th, there was short interest totalling 22,975,007 shares, a drop of 5.7% from the February 15th total of 24,369,797 shares. Based on an average daily volume of 5,168,766 shares, the days-to-cover ratio is currently 4.4 days. Currently, 5.7% of the company's stock are sold short. View ON Semiconductor's Current Options Chain.

Who are some of ON Semiconductor's key competitors?

What other stocks do shareholders of ON Semiconductor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ON Semiconductor investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Alibaba Group (BABA), Applied Materials (AMAT), Bank of America (BAC), Netflix (NFLX), Twitter (TWTR) and Cisco Systems (CSCO).

Who are ON Semiconductor's key executives?

ON Semiconductor's management team includes the folowing people:
  • Mr. Keith D. Jackson, CEO, Pres & Director (Age 64)
  • Mr. Bernard Gutmann, Chief Financial Officer, Exec. VP and Treasurer (Age 59)
  • Mr. William A. Schromm, Chief Operating Officer and Exec. VP (Age 61)
  • Mr. Mamoon Rashid, Sr. VP of Strategic Bus. Ventures (Age 59)
  • Mr. Bernard R. Colpitts Jr., Chief Accounting Officer, VP of Fin. & Treasury and Corp. Controller (Age 44)

Who are ON Semiconductor's major shareholders?

ON Semiconductor's stock is owned by a number of of institutional and retail investors. Top institutional investors include LSV Asset Management (2.05%), Dimensional Fund Advisors LP (1.90%), Robecosam AG (1.26%), Sumitomo Mitsui Asset Management Company LTD (1.23%), Norges Bank (1.12%) and Macquarie Group Ltd. (0.87%). Company insiders that own ON Semiconductor stock include Atsushi Abe, Bernard Gutmann, Bernard Raymond Colpitts Jr, Bernard Raymond Colpitts, Jr, Daryl Ostrander, Emmanuel T Hernandez, George H Cave, Gilles Delfassy, Keith D Jackson, Paul Anthony Mascarenas, Paul E Rolls, Robert A Klosterboer, Vince Craig Hopkin, William A Schromm and William Hall. View Institutional Ownership Trends for ON Semiconductor.

Which institutional investors are selling ON Semiconductor stock?

ON stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Boston Partners, First Trust Advisors LP, APG Asset Management N.V., First Quadrant L P CA, Rothschild & Co. Asset Management US Inc., Zurcher Kantonalbank Zurich Cantonalbank and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp. Company insiders that have sold ON Semiconductor company stock in the last year include Bernard Gutmann, Bernard Raymond Colpitts Jr, Bernard Raymond Colpitts, Jr, Daryl Ostrander, Emmanuel T Hernandez, George H Cave, Gilles Delfassy, Keith D Jackson, Paul Anthony Mascarenas, Paul E Rolls, Vince Craig Hopkin and William Hall. View Insider Buying and Selling for ON Semiconductor.

Which institutional investors are buying ON Semiconductor stock?

ON stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Millennium Management LLC, Oregon Public Employees Retirement Fund, Robecosam AG, Lakewood Capital Management LP, Dimensional Fund Advisors LP, Gotham Asset Management LLC and Worldquant Millennium Quantitative Strategies LLC. View Insider Buying and Selling for ON Semiconductor.

How do I buy shares of ON Semiconductor?

Shares of ON can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ON Semiconductor's stock price today?

One share of ON stock can currently be purchased for approximately $22.01.

How big of a company is ON Semiconductor?

ON Semiconductor has a market capitalization of $9.02 billion and generates $5.88 billion in revenue each year. The semiconductor company earns $627.40 million in net income (profit) each year or $1.96 on an earnings per share basis. ON Semiconductor employs 35,700 workers across the globe.

What is ON Semiconductor's official website?

The official website for ON Semiconductor is http://www.onsemi.com.

How can I contact ON Semiconductor?

ON Semiconductor's mailing address is 5005 EAST MCDOWELL ROAD, PHOENIX AZ, 85008. The semiconductor company can be reached via phone at 602-244-6600 or via email at [email protected]


MarketBeat Community Rating for ON Semiconductor (NASDAQ ON)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  887 (Vote Outperform)
Underperform Votes:  571 (Vote Underperform)
Total Votes:  1,458
MarketBeat's community ratings are surveys of what our community members think about ON Semiconductor and other stocks. Vote "Outperform" if you believe ON will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ON will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel