With 4.12 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.58 million shares. During the session, the Semiconductors company that operates in wider Technology sector, reached to the highest price of $73.345 whereas the lowest price it dropped to was $70.15. The 52-week range on ON shows that it touched its highest point at $95.69 and its lowest point at $59.34 during that stretch. It currently has a 1-year price target of $87.00. Beta for the stock currently stands at 1.66.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ON was up-trending over the past week, with a rise of 0.09%, but this was down by -9.11% over a month. Three-month performance dropped to -0.13% while six-month performance fell -4.59%. The stock lost -25.33% in the past year, while it has lost -15.43% so far this year. A look at the trailing 12-month EPS for ON yields 4.39 with Next year EPS estimates of 4.74. For the next quarter, that number is 0.97. This implies an EPS growth rate of -22.17% for this year and 17.96% for next year. EPS is expected to grow by 8.02% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 27.71%.
Float and Shares Shorts:
At present, 426.39 million ON shares are outstanding with a float of 425.99 million shares on hand for trading. On 2024-08-30, short shares totaled 26.74 million, which was 623.9999999999999 higher than short shares on 1722384000. In addition to Mr. Hassane S. El-Khoury as the firm’s President, CEO & Director, Mr. Thad Trent serves as its Executive VP, CFO, Treasurer & Principal Accounting Officer.
Institutional Ownership:
Through their ownership of 1.01489 of ON’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-28, ON reported revenue of $1735200000.0 and operating income of $461000000.0. The EBITDA in the recently reported quarter was $649900000.0 and diluted EPS was $0.78.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ON since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
