Let’s start up with the current stock price of ON Semiconductor Corporation (ON), which is $70.80 to be very precise. The Stock rose vividly during the last session to $71.27 after opening rate of $67.67 while the lowest price it went was recorded $67.39 before closing at $66.26.Recently in News on January 19, 2023, onsemi to Announce Fourth Quarter and 2022 Annual Financial Results. onsemi (Nasdaq: ON) plans to announce its financial results for the fourth quarter, which ended December 31, 2022, before the market opens on Monday, February 6, 2023. You can read further details here
ON Semiconductor Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $71.27 on 01/23/23, with the lowest value was $59.61 for the same time period, recorded on 01/05/23.
ON Semiconductor Corporation (ON) full year performance was 27.48%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, ON Semiconductor Corporation shares are logging -8.39% during the 52-week period from high price, and 58.18% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $44.76 and $77.28.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 7579560 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the ON Semiconductor Corporation (ON) recorded performance in the market was 13.52%, having the revenues showcasing 15.08% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 29.34B, as it employees total of 30000 workers.
Analysts verdict on ON Semiconductor Corporation (ON)
During the last month, 20 analysts gave the ON Semiconductor Corporation a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 66.51, with a change in the price was noted +1.28. In a similar fashion, ON Semiconductor Corporation posted a movement of +1.84% for the period of last 100 days, recording 6,578,577 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ON is recording 0.57 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.54.
ON Semiconductor Corporation (ON): Technical Analysis
Raw Stochastic average of ON Semiconductor Corporation in the period of last 50 days is set at 63.32%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 95.97%. In the last 20 days, the company’s Stochastic %K was 71.38% and its Stochastic %D was recorded 68.29%.
Let’s take a glance in the erstwhile performances of ON Semiconductor Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 13.52%. Additionally, trading for the stock in the period of the last six months notably improved by 19.15%, alongside a boost of 27.48% for the period of the last 12 months. The shares increased approximately by 8.67% in the 7-day charts and went down by 10.57% in the period of the last 30 days. Common stock shares were driven by 15.08% during last recorded quarter.