Analyst Ratings for ON Semiconductor Corp. (ON)

Updated: 2017-07-26

Shares of ON Semiconductor Corp. (NASDAQ:ON) have received a consensus rating of Overweight from Wall Street analysts. Last month, ON received an average rating of Overweight.

Of the 21 analysts covering the stock, 13 gave it a buy rating, 3 issued an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for ON. The highest price target was 22, implying potential capital gains of 41.03 percent. The most pessimistic price target was 13.5, implying potential capital losses of -13.46 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 3.23 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 5.26 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of ON to grow at a rate of 160.56 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ON is 0.19.

In the trailing 52-weeks, ON hit 16.93 at the highest peak, while it's lowest trading point was 9.65. Currently the stock is 61.66 percent higher than its low, and 7.86 percent lower than its 52-week high. ON has a price/earnings ratio of 29.99. Investors typically compare the P/E ratio to a company's peers in the industry. The ON value stock report compares ON to some of its peers using value stock charts. The market cap of ON is $6.34 billion. ON will post this quarters earnings in days, on 0000-00-00.