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.

Several price targets were given for ON by the analysts covering the stock. The highest price target was 22, which equates to a potential upside of 41.03 percent. The most pessimistic analyst gave a price target of 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 3.23 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.26 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of ON's earnings is estimated by analysts to be 160.56 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Today's price is 61.66 percent above the 52-week low, and below the high by 7.86 percent. ON has a P/E 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's next earnings release will be on 0000-00-00, which is days away.