ON Semiconductor Corporation (ON):
In Wednesday trading session ON Semiconductor Corporation (ON) stock finished trading at $18.97 by scoring a change of -2.19%. The recent trading activity revealed that the stock price is at 30.34% off from its 52-week low and traded with move of -19.44% from high printed in the last 52-week period. The Company kept 404.6M Floating Shares and holds 411.9M shares outstanding.
The company’s earnings per share shows growth of 57.70% for the current year and expected to arrive earnings growth for the next year at 9.52% . Analyst projected EPS growth for the next 5 years at1.52%. The company’s EPS growth rate for past five years was 31.80%. The earnings growth rate for the next years is an important measure for investors planning to hold onto a stock for several years. The company’s earnings will usually have a direct relationship to the price of the company’s stock. The stock observed Sales growth of 16.10% during past 5 years. EPS growth quarter over quarter stands at -30.30% and Sales growth quarter over quarter is at -7.40%.
Shares price moved with -7.20% from its 50 Day high and distanced at 13.90% from 50 Day low. Analyses consensus rating score stands at 2.2. For the next one year period, the average of individual price target estimates referred by covering sell-side analysts is $22.88.
As took short look on profitability, the firm profit margin which was recorded 9.50%, and operating margin was noted at 13.90%. The company maintained a Gross Margin of 37.70%. The Institutional ownership of the firm is 98.26% while Insiders ownership is 1.70%. Company has kept return on investment (ROI) at 11.40% over the previous 12 months and has been able to maintain return on asset (ROA) at 7.10% for the last twelve months. Return on equity (ROE) recorded at 17.10%.
ON Semiconductor Corporation (ON) stock recent traded volume stands with 4746789 shares as compared with its average volume of 5807.61K shares. The relative volume observed at 0.82.
Stock chart volume also shows us the amount of liquidity in a stock. Liquidity just simply refers to how easily it is to get in and out of a stock. If a stock is trading on low volume, then there aren’t many traders involved in the stock and it would be more difficult to find a trader to buy from or sell to. In this case, we would say that it is illiquid. If a stock is trading on high volume, then there are many traders involved in the stock and it would be easier to find a trader to buy from or sell to. In this case, we would say that it is liquid.
Mistakenly, some traders think that stocks that are up on high volume means that there were more buyers than sellers, or stocks that are down on high volume means that there are more sellers than buyers. Wrong! Regardless if it is a high volume day or a low volume day there is still a buyer for every seller. You can’t buy something unless someone is selling it to you and you can’t sell something unless someone is buying it from you!
The current ratio of 2.4 is mainly used to give an idea of a company’s ability to pay back its liabilities (debt and accounts payable) with its assets (cash, marketable securities, inventory, accounts receivable). As such, current ratio can be used to make a rough estimate of a company’s financial health. The quick ratio of 1.4 is a measure of how well a company can meet its short-term financial liabilities with quick assets (cash and cash equivalents, short-term marketable securities, and accounts receivable). The higher the ratio, the more financially secure a company is in the short term. A common rule of thumb is that companies with a quick ratio of greater than 1.0 are sufficiently able to meet their short-term liabilities.
The long term debt/equity shows a value of 1.08 with a total debt/equity of 1.12. It gives the investors the idea on the company’s financial leverage, measured by apportioning total liabilities by its stockholders equity. It also illustrates how much debt the corporation is using to finance its assets in relation to the value represented in shareholders’ equity.
Moving averages are among the most popular and widely used indicators. They represent a method of smoothing price data and removing noise to reveal and measure a trend. Moving averages are the basis of many technical trend-following systems. Being a trend following, lagging indicator, as the moving average always lags price action, they are used in order to confirm trends, once the latter have begun. Comparison between moving averages of different time periods can also show market momentum.
ON Semiconductor Corporation (ON) stock moved higher 1.19% in contrast to its 20 day moving average displaying short-term positive movement of stock. It shifted 3.10% above its 50-day simple moving average. This is showing medium-term bullish trend based on SMA 50. The stock price went underground -5.39% from its 200-day simple moving average identifying long-term negative trend.
Category – Business
After many years in the market, Charles Frey dedicated all his time to write articles highlighting different financial problems. He has worked as financial analyst until his retirement. He is a well-known research director and portfolio manager for more than 5 years.
Charles holds a postgraduate degree in Software Engineering. ‘The stock market is filled with individuals who know the price of everything, but the value of nothing.’ Charles is a share market expert, being personally invested for over 6 years. He has been writing his entire life, and while he has made a career of business and finance reporting, he still enjoys writing short stories and poetry.
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