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.

Investment analysts gave a few price targets for ON. The maximum price target given 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. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 3.23 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 5.26 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

ON has an estimated earnings growth rate of 160.56 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. ON has a PEG ratio of 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 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.