ON Semiconductor Corp (NASDAQ:ON) shares, rose in value, with the stock price up by 0.35% to the previous day’s close as strong demand from buyers drove the stock to $34.37.
Actively observing the price movement in the recent trading, the stock is buoying the session at $34.25, falling within a range of $34.005 and $34.545. The value of beta (5-year monthly) is 1.474 whereas the PE ratio is 9.46 over 12-month period. Referring to stock’s 52-week performance, its high was $80.08, and the low was $31.04. On the whole, ON has fluctuated by -21.13% over the past month.
With the market capitalization of ON Semiconductor Corp currently standing at about $14.51 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 0.86, with the price of ON currently trading nearly -10.92% and -22.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.94, while the 7-day volatility ratio is showing 7.68% which for the 30-day chart, stands at 7.47%. Furthermore, ON Semiconductor Corp (ON)’s beta value is 1.43, and its average true range (ATR) is 2.82.
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 0.35% in today’s session so far, and over the past year, it shrunk by -46.89%%.
Data on historical trading for ON Semiconductor Corp (NASDAQ:ON) indicates that the trading volumes over the past 10 days have averaged 15.86 and over the past 3 months, they’ve averaged 10.24 million. According to company’s latest data on outstanding shares, there are 422.96 million shares outstanding.
Nearly 0.70% of ON Semiconductor Corp’s shares belong to company insiders and institutional investors own 101.40% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 31.8 million shares as on 2025-03-31, resulting in a short ratio of 3.55. According to the data, the short interest in ON Semiconductor Corp (ON) stood at 1209.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 31.32 million. The stock has fallen by -45.49% 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.
