ON Semiconductor Corporation which can be found using ticker (ON) have now 24 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 105 and 78 with the average target price sitting at $92.50. Now with the previous closing price of $76.46 this would imply there is now a potential upside of 21.0%. The 50 day MA is $79.90 and the 200 moving average now moves to $69.04. The company has a market capitalization of $33,486m. Visit the company website at: https://www.onsemi.com
The potential market cap would be $40,510m 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 functions, includes 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 detectors, include 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 18.43, revenue per share of 19.22 and a 16.11% return on assets.
