Onsemi (NASDAQ:ON) Announces Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Onsemi (NASDAQ:ON) announced its earnings results on Monday. The semiconductor company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.03), Zacks reports. Onsemi had a return on equity of 22.38% and a net margin of 23.80%. Onsemi updated its Q1 2025 guidance to 0.450-0.550 EPS.

Onsemi Price Performance

Shares of ON opened at $47.04 on Tuesday. Onsemi has a twelve month low of $46.57 and a twelve month high of $85.16. The company has a quick ratio of 2.02, a current ratio of 3.07 and a debt-to-equity ratio of 0.30. The firm has a 50 day moving average of $60.06 and a 200 day moving average of $67.34. The company has a market capitalization of $20.03 billion, a P/E ratio of 11.67, a price-to-earnings-growth ratio of 10.27 and a beta of 1.61.

Wall Street Analyst Weigh In

ON has been the subject of a number of research analyst reports. Morgan Stanley decreased their target price on Onsemi from $64.00 to $52.00 and set an “underweight” rating for the company in a research report on Tuesday, February 4th. UBS Group cut their price target on Onsemi from $72.00 to $65.00 and set a “neutral” rating for the company in a research note on Monday, February 3rd. Jefferies Financial Group dropped their price objective on Onsemi from $100.00 to $85.00 and set a “buy” rating on the stock in a research note on Monday. TD Cowen dropped their price objective on Onsemi from $90.00 to $85.00 and set a “buy” rating on the stock in a research note on Friday, October 25th. Finally, Mizuho set a $85.00 target price on shares of Onsemi in a report on Friday, October 18th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $78.63.

Insider Buying and Selling

In other news, CEO Hassane El-Khoury sold 1,500 shares of Onsemi stock in a transaction on Monday, November 25th. The shares were sold at an average price of $71.00, for a total transaction of $106,500.00. Following the transaction, the chief executive officer now owns 837,710 shares in the company, valued at $59,477,410. This trade represents a 0.18 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

Onsemi Company Profile

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.