ON Semiconductor Corporation (NASDAQ:ON) went down by -1.17% from its latest closing price when compared to the 1-year high value of $25.92 and move down -33.68%, while ON stocks collected +2.11% of gains with the last five trading sessions. Press Release reported on 06/08/20 that ON Semiconductor Adopts Short-Term Stockholder Rights Plan
ON Semiconductor Corporation (NASDAQ:ON) Worth an Investment?
ON Semiconductor Corporation (NASDAQ: ON) scored price to earnings ratio above its average ratio, recording 98.43 times of increase in earnings at the present.
ON Market Performance
ON stocks went up by 2.11% for the week, with the monthly jump of 19.18% and a quarterly performance of 79.21%, while its annual performance rate touched -3.05%. The simple moving average for the period of the last 20 days is 5.84% for ON stocks with the simple moving average of 2.05% for the last 200 days.
Analysts’ Opinion on ON Semiconductor Corporation (NASDAQ:ON)
Many brokerage firms have already submitted their reports for ON stocks, with Morgan Stanley repeating the rating for ON shares by setting it to “Underweight”. The predicted price for ON socks in the upcoming period according to Morgan Stanley is $14 based on the research report published on June 16, 2020.
Rosenblatt, on the other hand, stated in their research note that they expect to see ON stock at the price of $22. The rating they have provided for ON stocks is “Buy” according to the report published on June 5, 2020.
Craig Hallum gave “Buy” rating to ON stocks, setting the target price at $22 in the report published on June 4, 2020.
ON Stocks 19.50% Far from 50 Day Moving Average
After a stumble in the market that brought ON to its low price for the period of the last 52 weeks, ON Semiconductor Corporation was unable to take a rebound, for now settling with -25.19% of loss for the given period.
The stock volatility was left at 4.86%, however, within the period of a single month, the volatility rate increased by 4.73%, while the shares surge at the distance of +24.10% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +41.22% upper at the present time.
In the course of the last 5 trading sessions, ON went up by +2.11%, which changed the moving average for the period of 200 days to the total of +8.57% of gains for the stock in comparison to the 20-day moving average settled at $18.51. In addition, ON Semiconductor Corporation saw -20.47% in overturn over the period of a single year with a tendency to cut further losses.
ON Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at ON Semiconductor Corporation (ON), starting from HOPKIN VINCE CRAIG, who sold 1,818 shares at the price of $19.00 back on Jun 12. After this action, Rushing now owns 122,261 shares of ON Semiconductor Corporation, valued at $34,542 with the latest closing price.
KEETON SIMON, the EVP & GM, Pwr Sol Grp of ON Semiconductor Corporation, sold 3,000 shares at the value of $18.94 during a trade that took place back on Jun 12, which means that KEETON SIMON is holding 134,453 shares at the value of $56,821 based on the most recent closing price.
ON Stock Fundamentals
The current profitability levels are settled at +11.67 for the present operating margin and +33.68 for gross margin. The net margin for ON Semiconductor Corporation stands at +3.84. Total capital return value is set at 9.90, while invested capital returns managed to touch 3.51. Equity return holds the value 2.60%, with 1.00% for asset returns.
Based on ON Semiconductor Corporation (ON), the company’s capital structure generated 112.87 points for debt to equity in total, while total debt to capital is set at the value of 53.02. Total debt to assets is settled at the value of 44.23 with long-term debt to equity ratio rests at 4.43 and long-term debt to capital is 89.78.
The value for Enterprise to Sales is 1.60 with debt to enterprise value settled at 0.29. The receivables turnover for ON Semiconductor Corporation is 7.93 with the total asset turnover at the value of 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.66.