ON Semiconductor Corporation (ON) to Release Earnings on Monday

ON Semiconductor Corporation (NASDAQ:ON) will be releasing its earnings data before the market opens on Monday, November 6th. Analysts expect ON Semiconductor Corporation to post earnings of $0.40 per share for the quarter.

ON Semiconductor Corporation (NASDAQ ON) opened at $21.65 on Friday. ON Semiconductor Corporation has a one year low of $10.74 and a one year high of $21.77. The stock has a market cap of $9.13 billion, a P/E ratio of 20.82, a P/E/G ratio of 0.84 and a beta of 2.06. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.03 and a quick ratio of 1.29.

ON has been the subject of a number of recent analyst reports. KeyCorp reissued a “hold” rating on shares of ON Semiconductor Corporation in a research report on Tuesday, September 12th. Zacks Investment Research raised ON Semiconductor Corporation from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research report on Tuesday, October 17th. B. Riley raised their price objective on ON Semiconductor Corporation from $18.00 to $21.00 and gave the stock a “buy” rating in a research report on Monday, August 7th. Mizuho reaffirmed an “outperform” rating and issued a $19.00 target price (up from $18.00) on shares of ON Semiconductor Corporation in a research report on Wednesday, August 9th. Finally, BidaskClub raised ON Semiconductor Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $19.47.

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In other news, VP Paul E. Rolls sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $17.00, for a total value of $170,000.00. Following the transaction, the vice president now owns 368,029 shares of the company’s stock, valued at $6,256,493. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Daryl Ostrander sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $16.78, for a total value of $33,560.00. Following the completion of the transaction, the director now directly owns 65,458 shares in the company, valued at approximately $1,098,385.24. The disclosure for this sale can be found here. In the last quarter, insiders sold 623,007 shares of company stock valued at $12,081,920. 1.60% of the stock is owned by company insiders.

About ON Semiconductor Corporation

ON Semiconductor Corporation offers a portfolio of sensors, power management, connectivity, custom and system on chip (SoC), analog, logic, timing, and discrete devices. The Company’s segments include Power Solutions Group, Analog Solutions Group and Image Sensor Group. The Power Solutions Group offers a range of discrete, module and integrated semiconductor products.

Earnings History for ON Semiconductor Corporation (NASDAQ:ON)

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