Onsemi (NASDAQ:ON) Issues Earnings Results

Onsemi (NASDAQ:ON) issued its quarterly earnings results on Monday. The semiconductor company reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.03), Zacks reports. Onsemi had a return on equity of 22.38% and a net margin of 23.80%. Onsemi updated its Q1 2025 guidance to 0.450-0.550 EPS.

Onsemi Price Performance

ON stock opened at $47.93 on Wednesday. The company has a quick ratio of 2.02, a current ratio of 3.07 and a debt-to-equity ratio of 0.30. Onsemi has a 52-week low of $46.57 and a 52-week high of $85.16. The stock’s 50 day moving average is $59.62 and its two-hundred day moving average is $67.18. The company has a market capitalization of $20.41 billion, a PE ratio of 11.89, a P/E/G ratio of 10.27 and a beta of 1.61.

Analyst Ratings Changes

A number of analysts have issued reports on ON shares. TD Cowen decreased their price target on Onsemi from $90.00 to $85.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Truist Financial decreased their price target on Onsemi from $60.00 to $52.00 and set a “hold” rating on the stock in a research note on Tuesday. KeyCorp reduced their price objective on Onsemi from $90.00 to $70.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. Benchmark reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Onsemi in a research note on Tuesday, October 29th. Finally, Susquehanna reduced their price objective on Onsemi from $70.00 to $60.00 and set a “positive” rating on the stock in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $69.36.

Insiders Place Their Bets

In other Onsemi news, CEO Hassane El-Khoury sold 1,500 shares of Onsemi stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $71.00, for a total transaction of $106,500.00. Following the sale, the chief executive officer now directly owns 837,710 shares in the company, valued at $59,477,410. The trade was a 0.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.31% of the stock is owned by company insiders.

About Onsemi

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.