ON Semiconductor (ON) Set to Announce Earnings on Monday

ON Semiconductor (NASDAQ:ON) will post its quarterly earnings results before the market opens on Monday, April 29th. Analysts expect ON Semiconductor to post earnings of $0.40 per share for the quarter. ON Semiconductor has set its Q1 2019 guidance at EPS.

ON Semiconductor (NASDAQ:ON) last released its earnings results on Friday, February 1st. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.05. ON Semiconductor had a return on equity of 26.91% and a net margin of 10.67%. The company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.50 billion. On average, analysts expect ON Semiconductor to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NASDAQ ON opened at $22.62 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.32 and a current ratio of 2.16. ON Semiconductor has a 12-month low of $14.55 and a 12-month high of $26.38. The company has a market cap of $9.32 billion, a price-to-earnings ratio of 11.54, a price-to-earnings-growth ratio of 1.73 and a beta of 2.03.

In other news, Director Emmanuel T. Hernandez sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, January 25th. The stock was sold at an average price of $20.01, for a total transaction of $600,300.00. Following the sale, the director now owns 159,655 shares of the company’s stock, valued at approximately $3,194,696.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Emmanuel T. Hernandez sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 5th. The stock was sold at an average price of $22.00, for a total value of $220,000.00. Following the sale, the director now directly owns 149,655 shares in the company, valued at approximately $3,292,410. The disclosure for this sale can be found here. Insiders have sold a total of 70,000 shares of company stock worth $1,491,900 in the last three months. Corporate insiders own 1.40% of the company’s stock.

Several research firms have issued reports on ON. ValuEngine upgraded ON Semiconductor from a “sell” rating to a “hold” rating in a research report on Tuesday, April 9th. BidaskClub upgraded ON Semiconductor from a “hold” rating to a “buy” rating in a research report on Thursday, February 14th. Longbow Research cut ON Semiconductor from a “buy” rating to a “neutral” rating in a research report on Wednesday, April 17th. Robert W. Baird reiterated a “hold” rating and set a $25.00 target price on shares of ON Semiconductor in a research report on Monday, March 11th. Finally, Cowen began coverage on ON Semiconductor in a research report on Friday, February 22nd. They set an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $24.82.

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About ON Semiconductor

ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. The company operates in three segments: Power Solutions Group, Analog Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and integrated semiconductor products for various applications, such as power switching and conversion, signal conditioning, circuit protection, signal amplification, and voltage reference.

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Earnings History for ON Semiconductor (NASDAQ:ON)

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