Onsemi (NASDAQ:ON - Get Free Report) had its target price lowered by investment analysts at B. Riley from $90.00 to $73.00 in a report released on Tuesday,Benzinga reports. The firm currently has a "buy" rating on the semiconductor company's stock. B. Riley's price target suggests a potential upside of 40.90% from the stock's previous close. B. Riley also issued estimates for Onsemi's Q1 2025 earnings at $0.50 EPS, Q2 2025 earnings at $0.43 EPS, Q3 2025 earnings at $0.74 EPS, Q4 2025 earnings at $0.76 EPS, FY2025 earnings at $2.44 EPS, Q1 2026 earnings at $0.76 EPS, Q2 2026 earnings at $0.83 EPS, Q3 2026 earnings at $0.92 EPS, Q4 2026 earnings at $0.90 EPS and FY2026 earnings at $3.41 EPS.
A number of other equities analysts have also issued reports on ON. BNP Paribas lowered their target price on shares of Onsemi from $60.00 to $55.00 in a research report on Friday, October 25th. Truist Financial reissued a "hold" rating and issued a $60.00 target price (down previously from $85.00) on shares of Onsemi in a report on Friday, January 10th. Roth Mkm reissued a "buy" rating and issued a $100.00 target price on shares of Onsemi in a report on Thursday, December 12th. Susquehanna cut their price target on Onsemi from $80.00 to $70.00 and set a "positive" rating for the company in a research note on Wednesday, January 22nd. Finally, Wells Fargo & Company cut their price target on Onsemi from $85.00 to $80.00 and set an "overweight" rating for the company in a research note on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and fifteen have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $68.16.
Read Our Latest Research Report on Onsemi
Onsemi Stock Up 1.7 %
ON traded up $0.89 on Tuesday, reaching $51.81. The company's stock had a trading volume of 3,859,918 shares, compared to its average volume of 9,296,862. The stock has a 50 day moving average of $59.01 and a two-hundred day moving average of $66.95. The company has a quick ratio of 2.02, a current ratio of 3.07 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $22.06 billion, a price-to-earnings ratio of 12.87, a P/E/G ratio of 10.27 and a beta of 1.61. Onsemi has a fifty-two week low of $46.57 and a fifty-two week high of $85.16.
Onsemi (NASDAQ:ON - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.98 by ($0.03). Onsemi had a net margin of 23.80% and a return on equity of 22.38%. As a group, analysts forecast that Onsemi will post 3.99 EPS for the current fiscal year.
Insider Buying and Selling at Onsemi
In other news, CEO Hassane El-Khoury sold 1,500 shares of the business's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $71.00, for a total transaction of $106,500.00. Following the completion of the sale, the chief executive officer now owns 837,710 shares in the company, valued at approximately $59,477,410. The trade was a 0.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.31% of the stock is owned by company insiders.
Institutional Trading of Onsemi
A number of institutional investors have recently modified their holdings of ON. Capital Performance Advisors LLP purchased a new stake in shares of Onsemi during the 3rd quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Onsemi during the 3rd quarter worth about $33,000. GHP Investment Advisors Inc. grew its holdings in shares of Onsemi by 12,850.0% during the 3rd quarter. GHP Investment Advisors Inc. now owns 518 shares of the semiconductor company's stock worth $38,000 after purchasing an additional 514 shares during the period. Newbridge Financial Services Group Inc. purchased a new stake in shares of Onsemi during the 4th quarter worth about $41,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Onsemi during the 3rd quarter worth about $43,000. Hedge funds and other institutional investors own 97.70% of the company's stock.
About Onsemi
(
Get Free Report)
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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