ON Semiconductor Corporation (NASDAQ:ON) Receives Average Recommendation of “Hold” from Brokerages

Shares of ON Semiconductor Corporation (NASDAQ:ON) have been assigned a consensus recommendation of “Hold” from the twenty-nine research firms that are presently covering the stock, MarketBeat.com reports. Fifteen research analysts have rated the stock with a hold rating and fourteen have issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $59.1154.

Several research firms recently issued reports on ON. Bank of America cut their target price on ON Semiconductor from $56.00 to $52.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. Benchmark reiterated a “buy” rating on shares of ON Semiconductor in a research note on Tuesday, November 4th. UBS Group increased their target price on ON Semiconductor from $50.00 to $55.00 and gave the company a “neutral” rating in a research note on Monday, October 27th. Rosenblatt Securities reiterated a “neutral” rating and issued a $50.00 price target on shares of ON Semiconductor in a research note on Tuesday, November 4th. Finally, Citigroup reduced their price objective on ON Semiconductor from $60.00 to $54.00 and set a “neutral” rating for the company in a research report on Tuesday, August 5th.

ON Semiconductor Price Performance

Shares of ON Semiconductor stock opened at $51.48 on Wednesday. The company has a fifty day moving average of $49.63 and a 200-day moving average of $50.85. ON Semiconductor has a 52-week low of $31.04 and a 52-week high of $73.19. The stock has a market capitalization of $20.71 billion, a price-to-earnings ratio of 48.11, a price-to-earnings-growth ratio of 2.58 and a beta of 1.56. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.37 and a current ratio of 5.02.

ON Semiconductor (NASDAQ:ON) last released its earnings results on Monday, November 3rd. The semiconductor company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. ON Semiconductor had a return on equity of 15.33% and a net margin of 7.28%.The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the previous year, the company posted $0.99 EPS. ON Semiconductor’s revenue for the quarter was down 12.0% on a year-over-year basis. ON Semiconductor has set its Q4 2025 guidance at 0.570-0.670 EPS. Equities research analysts expect that ON Semiconductor will post 2.6 EPS for the current year.

ON Semiconductor declared that its Board of Directors has authorized a stock buyback program on Tuesday, November 18th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the semiconductor company to reacquire up to 32.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Costello Asset Management INC purchased a new stake in ON Semiconductor in the 1st quarter worth $26,000. Private Trust Co. NA lifted its stake in shares of ON Semiconductor by 72.8% in the 3rd quarter. Private Trust Co. NA now owns 522 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 220 shares during the last quarter. Quent Capital LLC purchased a new position in ON Semiconductor during the third quarter worth $28,000. Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of ON Semiconductor by 68.7% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 577 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 235 shares during the period. Finally, Deseret Mutual Benefit Administrators boosted its position in shares of ON Semiconductor by 62.3% during the third quarter. Deseret Mutual Benefit Administrators now owns 568 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 218 shares during the period. Institutional investors own 97.70% of the company’s stock.

ON Semiconductor Company Profile

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.