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 minimum price target given was 13.5, implying potential capital losses of -13.46 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 3.23 percent. 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.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of ON's earnings is estimated by analysts to be 160.56 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. ON has a PEG ratio of 0.19.

ON has traded between a high of 16.93 and a low of 9.65 over the past year. Today's price is 61.66 percent above the 52-week low, and below the high by 7.86 percent. 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 stock has a market capitalization of $6.34 billion. ON is estimated to release their earnings results for the quarter on 0000-00-00, days from today.