(VIANEWS) – ON Semiconductor’s stock price plummeted 19.43% on Monday to close at EUR67.29, continuing its downward spiral after two sessions of gains. Even as NASDAQ traded up 0.58% to EUR12,716.38, ON Semiconductor stood out as being starkly at odds with market sentiment: now 24.99% below its 52-week high of EUR111.35.
About ON Semiconductor
ON Semiconductor Corporation provides sensing and power solutions for industries worldwide. Their three business segments include Power Solutions Group, Advanced Solutions Group and Intelligent Sensing Group. Innovative solutions for electrifying the automotive industry from lightweight EVs with longer range capabilities to fast charging systems and sustainable energy solutions are provided by these providers. They offer analog, discrete, module and integrated semiconductor products which perform various functions such as power switching/conversion/conditioning/circuit protection/signal amplification/voltage regulation. ON Semiconductor Corporation was founded in 1992 and is based in Scottsdale, Arizona. Additionally, this company provides foundry and design services for government customers as well as developing complementary metal oxide semiconductor image sensors, image signal processors, and single photon detectors.
Yearly Analysis
Based on this information, investors can anticipate ON Semiconductor stock to perform well over the short term due to its current low valuation compared to its 52-week high. Sales growth this year is projected at 0.7% which may not appeal to some investors. EBITDA of 49.14 indicates profitability which could make an attractive prospect for potential investors. Overall, investors should carefully evaluate market conditions and their investment goals before making any decisions regarding ON Semiconductor’s stock.
Technical Analysis
ON Semiconductor’s stock price has dropped significantly below both its 50-day and 200-day moving averages, suggesting an imminent downtrend. However, please keep in mind that stock prices can be affected by multiple factors, with moving averages just one tool used to analyze stock trends.
ON Semiconductor’s trading volume increased dramatically today to 25 318 308, which is more than 375% higher than its average volume of 5, 219 260. This could indicate increased investor enthusiasm or potentially an upswing in buying or selling activity.
Looking at ON Semiconductor’s intraday variation average for the past week, month and quarter was negative 0.35%; negative 0.70% and positive 1.91% respectively; while its highest amplitude average volatility for these time frames were 2.87%, 2.47% and 1.91%, providing investors with valuable information to trade the stock’s fluctuations or understand its degree of uncertainty. This information may prove valuable for traders interested in trading the fluctuations or understanding the level of uncertainty related to it.
Quarter Analysis
Based on the provided data, ON Semiconductor’s sales growth for the current quarter stands at 1.4% while it is projected to expand 3.6% during its next quarterly. Unfortunately, their current quarter estimates show negative growth estimates at -7.6%, suggesting possible issues related to its near-term performance.
Regarding revenue growth for the company, year-over-year it has grown by 0.5% to $8.35B over twelve months – although this growth may seem modest in comparison with recent industry trends of significant expansion.
Overall, investors should exercise extreme caution when making an investment decision about ON Semiconductor based on its current growth projections. While revenue growth is positive, a negative growth estimate for this quarter suggests there may be headwinds ahead. It would be prudent for them to conduct further research into their company’s competitive standing, industry trends, and any other elements which might alter its growth prospects before making their decision.
Equity Analysis
ON Semiconductor appears to be a secure company with a healthy dividend yield of 3.28%. Their trailing twelve month earnings per share of EUR4.37 indicate their profitability, and their PE ratio of 15.4 suggests they’re fairly priced as an investment option. Furthermore, their return on equity of 31.51% suggests their shareholder returns are strong so overall this may be an ideal candidate for those seeking stability with reasonable returns on their investments.
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