S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Onsemi (ON) Competitors

$60.71
-2.22 (-3.53%)
(As of 04/19/2024 ET)

ON vs. GFS, MPWR, ASX, STM, UMC, FSLR, SWKS, ALAB, MCHP, and QRVO

Should you be buying Onsemi stock or one of its competitors? The main competitors of Onsemi include GLOBALFOUNDRIES (GFS), Monolithic Power Systems (MPWR), ASE Technology (ASX), STMicroelectronics (STM), United Microelectronics (UMC), First Solar (FSLR), Skyworks Solutions (SWKS), Astera Labs (ALAB), Microchip Technology (MCHP), and Qorvo (QRVO). These companies are all part of the "semiconductors & related devices" industry.

Onsemi vs.

GLOBALFOUNDRIES (NASDAQ:GFS) and Onsemi (NASDAQ:ON) are both large-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, community ranking, institutional ownership, analyst recommendations, earnings, profitability, media sentiment and dividends.

Onsemi has a net margin of 26.46% compared to Onsemi's net margin of 13.80%. GLOBALFOUNDRIES's return on equity of 31.36% beat Onsemi's return on equity.

Company Net Margins Return on Equity Return on Assets
GLOBALFOUNDRIES13.80% 10.16% 6.09%
Onsemi 26.46%31.36%17.51%

In the previous week, Onsemi had 25 more articles in the media than GLOBALFOUNDRIES. MarketBeat recorded 37 mentions for Onsemi and 12 mentions for GLOBALFOUNDRIES. GLOBALFOUNDRIES's average media sentiment score of 0.33 beat Onsemi's score of 0.23 indicating that Onsemi is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
GLOBALFOUNDRIES
3 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Onsemi
10 Very Positive mention(s)
7 Positive mention(s)
8 Neutral mention(s)
7 Negative mention(s)
1 Very Negative mention(s)
Neutral

GLOBALFOUNDRIES presently has a consensus target price of $63.08, indicating a potential upside of 36.35%. Onsemi has a consensus target price of $96.52, indicating a potential upside of 58.99%. Given GLOBALFOUNDRIES's higher possible upside, analysts plainly believe Onsemi is more favorable than GLOBALFOUNDRIES.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GLOBALFOUNDRIES
0 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.58
Onsemi
1 Sell rating(s)
9 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.54

GLOBALFOUNDRIES has a beta of 1.61, suggesting that its share price is 61% more volatile than the S&P 500. Comparatively, Onsemi has a beta of 1.8, suggesting that its share price is 80% more volatile than the S&P 500.

Onsemi received 1124 more outperform votes than GLOBALFOUNDRIES when rated by MarketBeat users. Likewise, 70.51% of users gave Onsemi an outperform vote while only 50.56% of users gave GLOBALFOUNDRIES an outperform vote.

CompanyUnderperformOutperform
GLOBALFOUNDRIESOutperform Votes
45
50.56%
Underperform Votes
44
49.44%
OnsemiOutperform Votes
1169
70.51%
Underperform Votes
489
29.49%

Onsemi has higher revenue and earnings than GLOBALFOUNDRIES. Onsemi is trading at a lower price-to-earnings ratio than GLOBALFOUNDRIES, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
GLOBALFOUNDRIES$7.39B3.43$1.02B$1.8425.14
Onsemi$8.25B3.16$2.18B$4.8912.42

97.7% of Onsemi shares are held by institutional investors. 0.3% of Onsemi shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Onsemi beats GLOBALFOUNDRIES on 15 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ON and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

ON vs. The Competition

MetricOnsemiSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$26.10B$40.48B$19.00B$7.30B
Dividend YieldN/A2.27%2.76%4.01%
P/E Ratio12.4228.98250.2620.05
Price / Sales3.1612.16526.5289.18
Price / Cash9.6520.4827.9434.82
Price / Book3.354.796.314.16
Net Income$2.18B$932.72M$632.26M$214.20M
7 Day Performance-8.90%-7.37%-3.45%-3.51%
1 Month Performance-19.66%-12.43%-5.27%-5.50%
1 Year Performance-18.25%-5.59%11.45%3.53%

Onsemi Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GFS
GLOBALFOUNDRIES
3.7963 of 5 stars
$49.38
-3.5%
$63.25
+28.1%
-27.7%$27.05B$7.39B26.8414,000Analyst Report
MPWR
Monolithic Power Systems
4.5871 of 5 stars
$658.23
-3.8%
$670.30
+1.8%
+27.6%$32.03B$1.82B75.143,564News Coverage
ASX
ASE Technology
3.3131 of 5 stars
$10.85
-3.2%
$7.84
-27.8%
+41.5%$23.69B$581.91B23.0997,079Upcoming Earnings
STM
STMicroelectronics
3.4479 of 5 stars
$41.08
-3.7%
$50.75
+23.5%
-22.1%$37.09B$17.29B9.2151,323Upcoming Earnings
UMC
United Microelectronics
1.7196 of 5 stars
$7.97
-2.6%
$7.68
-3.6%
-10.9%$19.93B$7.25B10.0920,680Upcoming Earnings
FSLR
First Solar
4.9885 of 5 stars
$182.48
-1.1%
$227.96
+24.9%
-19.8%$19.53B$3.32B23.586,700Analyst Report
News Coverage
Gap Up
SWKS
Skyworks Solutions
4.8804 of 5 stars
$101.55
-2.7%
$115.10
+13.3%
-12.0%$16.27B$4.64B18.019,750
ALAB
Astera Labs
0 of 5 stars
$72.73
-3.8%
$85.00
+16.9%
N/A$11.09BN/A0.00225Analyst Report
Gap Down
MCHP
Microchip Technology
4.601 of 5 stars
$85.64
-4.1%
$91.33
+6.6%
+2.9%$46.28B$8.44B20.0122,600Analyst Report
QRVO
Qorvo
4.3461 of 5 stars
$111.36
-3.8%
$111.53
+0.2%
+13.3%$10.75B$3.57B-51.808,500Positive News

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This page (NASDAQ:ON) was last updated on 4/20/2024 by MarketBeat.com Staff

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