ON Semiconductor Corporation which can be found using ticker (ON) have now 24 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 105 and 78 calculating the average target price we see $92.50. Now with the previous closing price of $76.92 and the analysts are correct then we can expect a percentage increase in value of 20.3%. It’s also worth noting that there is a 50 day moving average of $79.50 and the 200 day moving average is $69.73. The market cap for the company is $32,049m. Find out more information at: https://www.onsemi.com
The potential market cap would be $38,540m based on the market consensus.
ON Semiconductor Corporation provides intelligent sensing and power solutions in the United States and internationally. The company operates through three segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems. The company offers analog, discrete, module, and integrated semiconductor products that perform multiple application functionsludes power switching and conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions. The company also designs and develops analog, mixed-signal, advanced logic, application specific standard product and ASICs, radio frequency, and integrated power solutions for end-users in end-markets, as well as provides foundry and design services for government customers. In addition, it develops complementary metal oxide semiconductor image sensors, image signal processors, and single photon detectorslude silicon photomultipliers and single photon avalanche diode arrays, as well as actuator drivers for autofocus and image stabilization for a broad base of end-users in various end-markets. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Scottsdale, Arizona.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 17.98, revenue per share of 19.22 and a 16.11% return on assets.
