1 week Ago By Defense World Staff
Onsemi ( NASDAQ:ON – Get Free Report ) had its price objective decreased by investment analysts at B. Riley from $100.00 to $90.
00 in a report issued on Friday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the semiconductor company’s stock. B.
Riley’s target price suggests a potential upside of 65.14% from the company’s previous close. B.
Riley also issued estimates for Onsemi’s Q1 2025 earnings at $0.88 EPS, Q2 2025 earnings at $1.00 EPS, Q3 2025 earnings at $1.
15 EPS, Q4 2025 earnings at $1.14 EPS, Q1 2026 earnings at $1.15 EPS and Q2 2026 earnings at $1.
23 EPS. Several other analysts have also weighed in on the company. Morgan Stanley boosted their price objective on Onsemi from $63.
00 to $64.00 and gave the company an “underweight” rating in a report on Tuesday, October 29th. Truist Financial reissued a “hold” rating and set a $60.
00 price target (down from $85.00) on shares of Onsemi in a research report on Friday, January 10th. Mizuho set a $85.
00 price objective on shares of Onsemi in a report on Friday, October 18th. Loop Capital started coverage on shares of Onsemi in a research report on Monday, November 11th. They issued a “buy” rating and a $95.
00 price target on the stock. Finally, Robert W. Baird boosted their price objective on shares of Onsemi from $70.
00 to $75.00 and gave the company a “neutral” rating in a research report on Tuesday, October 29th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and fifteen have assigned a buy rating to the company’s stock.
According to data from MarketBeat.com, Onsemi currently has a consensus rating of “Moderate Buy” and an average price target of $81.70.
Get Our Latest Stock Analysis on Onsemi Onsemi Stock Down 3.1 % Onsemi ( NASDAQ:ON – Get Free Report ) last issued its quarterly earnings data on Monday, October 28th. The semiconductor company reported $0.
99 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.02.
The company had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.75 billion.
Onsemi had a return on equity of 22.38% and a net margin of 23.80%.
The firm’s quarterly revenue was down 19.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.
39 earnings per share. Sell-side analysts expect that Onsemi will post 4 earnings per share for the current year. Insiders Place Their Bets In other Onsemi news, CEO Hassane El-Khoury sold 1,500 shares of the 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 transaction, the chief executive officer now owns 837,710 shares in the company, valued at $59,477,410. This trade represents a 0.18 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the SEC, which is available at the SEC website . Insiders own 0.31% of the company’s stock.
Institutional Investors Weigh In On Onsemi Several hedge funds and other institutional investors have recently modified their holdings of the stock. Blair William & Co. IL lifted its position in shares of Onsemi by 11.
3% in the 2nd quarter. Blair William & Co. IL now owns 4,249 shares of the semiconductor company’s stock worth $291,000 after acquiring an additional 432 shares during the period.
Public Sector Pension Investment Board lifted its position in Onsemi by 77.6% in the second quarter. Public Sector Pension Investment Board now owns 16,909 shares of the semiconductor company’s stock worth $1,159,000 after purchasing an additional 7,386 shares during the period.
Marshall Wace LLP boosted its stake in Onsemi by 82.4% during the second quarter. Marshall Wace LLP now owns 269,724 shares of the semiconductor company’s stock worth $18,490,000 after buying an additional 121,870 shares in the last quarter.
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in Onsemi by 59.2% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 81,847 shares of the semiconductor company’s stock valued at $5,611,000 after buying an additional 30,425 shares during the period.
Finally, Toronto Dominion Bank raised its stake in shares of Onsemi by 59.8% in the 2nd quarter. Toronto Dominion Bank now owns 241,394 shares of the semiconductor company’s stock valued at $16,548,000 after buying an additional 90,293 shares in the last quarter.
Institutional investors and hedge funds own 97.70% of the company’s stock. About Onsemi ( Get Free Report ) 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. Featured Stories Five stocks we like better than Onsemi The Risks of Owning Bonds Bloom Energy: Powering the Future With Decentralized Energy TSX Venture Exchange (Formerly Canadian Venture Exchange) Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul What to Know About Investing in Penny Stocks Why Traders Are Buying the Dip on Johnson & Johnson Stock Receive News & Ratings for Onsemi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Onsemi and related companies with MarketBeat.
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