ParkerVision (PRKR) vs. ON Semiconductor (ON) Financial Contrast

ParkerVision (NASDAQ: PRKR) and ON Semiconductor (NASDAQ:ON) are both computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, dividends, valuation, profitability, institutional ownership, earnings and analyst recommendations.

Volatility & Risk

ParkerVision has a beta of 1.83, indicating that its stock price is 83% more volatile than the S&P 500. Comparatively, ON Semiconductor has a beta of 2.08, indicating that its stock price is 108% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current ratings and target prices for ParkerVision and ON Semiconductor, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ParkerVision 0 0 1 0 3.00
ON Semiconductor 1 7 11 0 2.53

ParkerVision currently has a consensus price target of $12.00, suggesting a potential upside of 1,053.85%. ON Semiconductor has a consensus price target of $22.09, suggesting a potential downside of 6.76%. Given ParkerVision’s stronger consensus rating and higher possible upside, equities analysts clearly believe ParkerVision is more favorable than ON Semiconductor.

Earnings & Valuation

This table compares ParkerVision and ON Semiconductor’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
ParkerVision $4.06 million 5.05 -$21.50 million ($1.20) -0.87
ON Semiconductor $3.91 billion 2.57 $182.10 million $0.92 25.75

ON Semiconductor has higher revenue and earnings than ParkerVision. ParkerVision is trading at a lower price-to-earnings ratio than ON Semiconductor, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares ParkerVision and ON Semiconductor’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ParkerVision N/A N/A -157.85%
ON Semiconductor 7.22% 22.97% 6.91%

Insider and Institutional Ownership

11.8% of ParkerVision shares are owned by institutional investors. Comparatively, 99.8% of ON Semiconductor shares are owned by institutional investors. 7.3% of ParkerVision shares are owned by company insiders. Comparatively, 1.6% of ON Semiconductor shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

ON Semiconductor beats ParkerVision on 10 of the 14 factors compared between the two stocks.

About ParkerVision

ParkerVision, Inc. is engaged in the designing, developing and marketing of its radio frequency (RF) technologies and products. The Company’s business is focused on the development and marketing of its RF technologies for mobile and other wireless applications. Its products include a modulator/demodulator component that incorporates its technologies, as well as a small number of supporting components that are used in the assembly of wireless devices. Its products are used in wireless communication products and applications. In addition, it offers engineering design and consulting services to third parties to assist them in developing and testing products. Its technologies represent methods for processing RF waveforms in wireless applications. Its technologies apply to both transmit and receive functions of transmitters, receivers and transceivers. A portion of its transmit technology is marketed as Direct2Power (d2p) and its receiver technology is marketed as Direct2Data (d2d).

About ON Semiconductor

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. The Analog Solutions Group designs and develops analog, mixed-signal and logic application specific integrated circuits (ASICs) and application specific standard products (ASSPs), and power solutions. The Image Sensor Group designs and develops complementary metal oxide semiconductor (CMOS) and charge-coupled device (CCD) image sensors, as well as proximity sensors, image signal processors, and actuator drivers for autofocus and image stabilization for various end users in the automotive, industrial, consumer, wireless, medical, and aerospace/defense markets.

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