ON Semiconductor Corp. (NASDAQ:ON) currently has a daily average trading volume of 6.55M but it saw 9179650 shares traded in last market. With a market cap of 29.12B USD, the company’s current market price of $67.97 came rising about 2.15 while comparing to the previous closing price of $66.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $86.77 and as low as $59.34. In the recent trading on the day, stock has struck highest price mark of $66.47 while lowest mark touched by it was $69.68.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which reiterated the stock as “Buy” in its note to investors issued on July 30, 2024, recommending a price target of between $85 and $90 for it. Citigroup downgraded its recommendation for the stock as a “Neutral” from “Buy” on July 15, 2024 while assigning a price target range of $85-$77. Morgan Stanley issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $70 and $65.
Over the week, ON’s stock price is moving -1.54% down while it is -3.55% when we observe its performance for the past one month. Year-to-date it is -18.63% down and over the past year, the stock is showing a downside performance of -18.71%.
Currently, ON Semiconductor Corp.’s total number of outstanding shares is 426.39M. Company’s return on investment (ROI) stands at 17.36% and return on equity (ROE) at 25.28%. It has a price to earnings ratio (P/E ratio) of 15.48 while having a 14.59 of forward P/E ratio. Stock’s beta reads 1.65. Stock has a price to book (P/B) ratio of 3.49 while price to sale or P/S ratio amounts to 3.73. Its return on asset (ROA) is 14.66% on average.
