A Glimpse Into The Expert Outlook On ON Semiconductor Through 11 Analysts

Throughout the last three months, 11 analysts have evaluated ON Semiconductor ON, offering a diverse set of opinions from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $82.45, a high estimate of $100.00, and a low estimate of $60.00. Observing a downward trend, the current average is 2.23% lower than the prior average price target of $84.33.

Decoding Analyst Ratings: A Detailed Look

The analysis of recent analyst actions sheds light on the perception of ON Semiconductor by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to ON Semiconductor. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of ON Semiconductor compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of ON Semiconductor's stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into ON Semiconductor's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on ON Semiconductor analyst ratings.

Discovering ON Semiconductor: A Closer Look

Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.

Key Indicators: ON Semiconductor's Financial Health

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: ON Semiconductor's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -19.21%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: ON Semiconductor's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 22.8% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): ON Semiconductor's ROE excels beyond industry benchmarks, reaching 4.75%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): ON Semiconductor's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.91%, the company showcases efficient use of assets and strong financial health.

Debt Management: ON Semiconductor's debt-to-equity ratio is below the industry average at 0.39, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Core of Analyst Ratings: What Every Investor Should Know

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.