Media coverage about ON Semiconductor (NASDAQ:ON) has been trending somewhat positive on Monday, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. ON Semiconductor earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 46.1071765764426 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
A number of equities analysts have recently commented on the company. Vetr upgraded ON Semiconductor from a “hold” rating to a “buy” rating and set a $26.75 price objective on the stock in a report on Monday, January 22nd. Zacks Investment Research downgraded ON Semiconductor from a “hold” rating to a “sell” rating in a report on Wednesday, January 24th. ValuEngine upgraded ON Semiconductor from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. BidaskClub downgraded ON Semiconductor from a “strong-buy” rating to a “buy” rating in a report on Friday, January 26th. Finally, Mizuho raised their price objective on ON Semiconductor from $26.00 to $27.00 and gave the stock a “buy” rating in a report on Monday, February 5th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $23.99.
ON Semiconductor (ON) traded up $0.19 during mid-day trading on Monday, hitting $21.34. The stock had a trading volume of 7,660,000 shares, compared to its average volume of 8,180,000. The company has a current ratio of 1.97, a quick ratio of 1.25 and a debt-to-equity ratio of 1.20. ON Semiconductor has a fifty-two week low of $13.65 and a fifty-two week high of $25.60. The firm has a market capitalization of $9,050.00, a price-to-earnings ratio of 11.35, a P/E/G ratio of 1.00 and a beta of 2.08.
ON Semiconductor (NASDAQ:ON) last posted its earnings results on Friday, February 2nd. The semiconductor company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. ON Semiconductor had a return on equity of 23.64% and a net margin of 14.63%. The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same quarter last year, the firm earned $0.29 earnings per share. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. research analysts expect that ON Semiconductor will post 1.73 EPS for the current fiscal year.
In other ON Semiconductor news, Director Daryl Ostrander sold 1,398 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $19.10, for a total transaction of $26,701.80. Following the completion of the sale, the director now owns 64,060 shares in the company, valued at approximately $1,223,546. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Paul E. Rolls sold 16,899 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $21.03, for a total value of $355,385.97. Following the sale, the vice president now owns 305,807 shares of the company’s stock, valued at approximately $6,431,121.21. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 98,246 shares of company stock valued at $2,140,940. 1.40% of the stock is owned by insiders.
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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.
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