ON Semiconductor Corp (NASDAQ:ON) shares, rose in value, with the stock price down by -3.02% to the previous day’s close as strong demand from buyers drove the stock to $42.44.
Actively observing the price movement in the recent trading, the stock is buoying the session at $43.76, falling within a range of $41.89 and $43.33. The value of beta (5-year monthly) is 1.588 whereas the PE ratio is 11.68 over 12-month period. Referring to stock’s 52-week performance, its high was $80.08, and the low was $41.59. On the whole, ON has fluctuated by -10.43% over the past month.
With the market capitalization of ON Semiconductor Corp currently standing at about $17.89 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-09.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.97B, with a low estimate of 1.4B and a high estimate of 1.43B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.4B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ON’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.13, with the price of ON currently trading nearly -3.62% and -13.36% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.93, while the 7-day volatility ratio is showing 3.20% which for the 30-day chart, stands at 4.08%. Furthermore, ON Semiconductor Corp (ON)’s beta value is 1.45, and its average true range (ATR) is 1.86.
A comparison of ON Semiconductor Corp (ON) with its peers suggests the former has fared considerably weaker in the market. ON showed an intraday change of -3.02% in today’s session so far, and over the past year, it shrunk by -41.78%%.
Data on historical trading for ON Semiconductor Corp (NASDAQ:ON) indicates that the trading volumes over the past 10 days have averaged 7.75 and over the past 3 months, they’ve averaged 9.23 million. According to company’s latest data on outstanding shares, there are 422.96 million shares outstanding.
Nearly 0.71% of ON Semiconductor Corp’s shares belong to company insiders and institutional investors own 101.35% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 29.49 million shares as on 2025-03-14, resulting in a short ratio of 3.0. According to the data, the short interest in ON Semiconductor Corp (ON) stood at 944.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 26.79 million. The stock has fallen by -32.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ON stock heading into the next quarter.
