ON - ON Semiconductor Corporation
| Previous Close | 14.16 |
| Open | 13.50 |
| Bid | 12.79 x 1200 |
| Ask | 12.89 x 900 |
| Day's Range | 12.85 - 13.50 |
| 52 Week Range | 8.17 - 25.92 |
| Volume | 9,738,498 |
| Avg. Volume | 9,498,062 |
| Market Cap | 5.299B |
| Beta (5Y Monthly) | 2.17 |
| PE Ratio (TTM) | 25.27 |
| EPS (TTM) | 0.51 |
| Earnings Date | Apr 26, 2020 - Apr 30, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 20.96 |
- American City Business Journals
ON Semiconductor donates 10,000 masks to help fight coronavirus
ON Semiconductor and Honeywell Aerospace have been the two biggest corporate donors so far as community members and businesses are donating supplies to health care workers fighting COVID-19.
- Business Wire
ON Semiconductor Draws Down $1.17 Billion From Its Revolving Credit Facility
ON Semiconductor Corporation (Nasdaq: ON) today announced that it has drawn down approximately $1.17 billion from its revolving credit facility. The company has no immediate use of the funds, and it has made the withdrawal out of abundance of caution to have access to sufficient liquidity in an uncertain macroeconomic environment. With this withdrawal, the company has made full use of its $1.97 billion revolving line of credit.
- Insider Monkey
Hedge Funds Were Buying ON Semiconductor Corporation (ON) Before The Coronavirus
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- Simply Wall St.
How Does ON Semiconductor's (NASDAQ:ON) P/E Compare To Its Industry, After The Share Price Drop?
To the annoyance of some shareholders, ON Semiconductor (NASDAQ:ON) shares are down a considerable 39% in the last...
- Zacks
Coronavirus-Led Slowdown to Hurt Corporate IT Spending - IDC
IDC cuts 2020 worldwide IT spending forecast as the coronavirus crisis may compel corporates to cut or postpone their non-essential technology investment plans.
- Business Wire
ON Semiconductor Introduces New 900 V and 1200 V SiC MOSFETs for Demanding Applications
ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, has expanded their range of wide bandgap (WBG) devices with the introduction of two additional families of silicon carbide (SiC) MOSFET. Intended for use in a variety of demanding high-growth applications including solar power inverters, on-board charging for electric vehicles (EV), uninterruptible power supplies (UPS), server power supplies, and EV charging stations, the new devices offer levels of performance that were simply not possible with silicon (Si) MOSFETs.
- Investor's Business Daily
Flex, ON Semiconductor Latest Tech Firms Hit By Coronavirus
Electronics contract manufacturer Flex became the latest tech firm to warn about its business taking a hit from the coronavirus outbreak. The outbreak will hinder current-quarter results.
- Simply Wall St.
ON Semiconductor (NASDAQ:ON) Shareholders Have Enjoyed A 38% Share Price Gain
While ON Semiconductor Corporation (NASDAQ:ON) shareholders are probably generally happy, the stock hasn't had...
- Business Wire
Connected Lighting Platform from ON Semiconductor Supports Rapid Development of Smart LED Lighting Solutions
ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, has introduced the Connected Lighting Platform, leveraging the company's expertise in Power over Ethernet (PoE) and ultra-low-power Bluetooth® Low Energy connectivity, along with AC/DC and DC/DC power conversion design.
- MarketWatch
Coronavirus update: 101,733 cases, 3,460 deaths, U.S. grocers see sales jump as Americans prepare
The number of COVID-19 cases has crossed the 100,000 mark, as case counts in Iran and Italy continue to increase and Americans, worried about a cluster of infections in Washington state, begin preparing for the possibility of disruption.
- MarketWatch
U.S. stocks end lower, but book weekly gains, as coronavirus cases break above 100,000
Stocks closed lower Friday, but off their worst levels for the session, to clinch weekly gains as investors focused on climbing confirmed cases of COVID-19 globally and a dramatic fall in crude oil prices, after key oil producing nations failed to agree on further output cuts.
- American City Business Journals
Avnet, On Semiconductor expect financial turbulence due to coronavirus
The two Arizona publicly traded tech companies expect lower revenue for the current quarter than previously forecast.
- MarketWatch
Apple supplier ON Semiconductor issues revenue warning as coronavirus weighs
Apple Inc. supplier ON Semiconductor Corp. issued a revenue warning for the first quarter on Friday, due to the change in business conditions being created by the coronavirus COVID-19. The Phoenix, Az.-based company said it now expects revenue to range from $1.275 billion to $1.325 billion, compared with prior guidance of $1.355 billion to $1.405 billion, issued on Feb. 3. "We saw soft order trends in China in the weeks following Lunar New Year holidays, but orders have since picked up, and we have not seen any significant cancellations of orders," Chief Executive Keith Jackson said in a statement. China factories have returned to normal operations after the extended Lunar New Year holidays, he said. "Public health outlook due to COVID-19 is uncertain and continues to evolve, and business impact of these conditions is difficult to forecast," said the statement. ON is planning restructuring measures that aim to achieve annual cost savings of about $90 million, most of them targeting operating expenses. Shares have fallen 17% in the last 12 months, while the S&P 500 has gained 9%.
- Business Wire
ON Semiconductor Updates First Quarter 2020 Revenue Outlook
ON Semiconductor Corporation (Nasdaq: ON) today provided an update to its first quarter 2020 revenue outlook. This update incorporates the potential impact of change in business conditions due to the novel coronavirus known as COVID-19.
- Business Wire
ON Semiconductor Names 2019 Distribution Partner Award Winners
ON Semiconductor (Nasdaq: ON), driving energy efficient innovations, today announced its top distribution partners for 2019. These awards honor the distributor in each region that led channel sales, grew market share, captured increased sales of products and scored highly on overall process excellence in an evolving semiconductor market.
- Zacks
Why Is ON Semiconductor Corp. (ON) Down 8.5% Since Last Earnings Report?
ON Semiconductor Corp. (ON) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- TipRanks
Chip stocks face up to the grim implications of the coronavirus outbreak
China is suffering a coronavirus epidemic. (Maybe you've heard about it?)At last report, 78,832 patients have been infected in China, and sad to say, COVID-19 hasn't been contained within China. In fact, 54 countries now report infections (up four from yesterday). South Korea has the most cases outside of China... and is where today's story begins.In a report just out from Mizuho Securities in Japan (coronavirus infections: 214), managing director Vijay Rakesh explains how COVID-19 concerns are spreading outside the China epicenter to South Korea, Taiwan, Italy, Iran, and Japan, and impacting normal functioning of the global supply chains in PCs, server/data center, handsets, and memory.Not all the news is bad. China's swift imposition of quarantines on upwards of 60 million of its citizens have slowed the disease's expansion in that country and, from Rakesh's perspective at least, "China is slowly returning to normal."But is it a new normal?Between official quarantines and citizens fearful of going out in public, Rakesh notes that China is seeing "strong" growth in "e-commerce" and also "online gaming." Apparently, people are using the former to get access to supplies without leaving their apartments, and using the latter to while away the time while the epidemic burns itself out. In the analyst's opinion, this is going to translate to strength in sales of graphics processing units (GPUs) manufactured by companies such as NVIDIA (NVDA) and Advanced Micro Devices (AMD), of PCs software sales by Microsoft (MSFT), as well as better revenues for online gaming companies such as Tencent (TCEHY).And all that makes sense. We just wouldn't extrapolate the short-term activities Chinese citizens are taking whilst "cocooning" and hiding from coronavirus into long-term trends -- or even necessarily a quarterly spike in sales for any of these companies. While the temptation may be strong to seek out a silver lining around the dark storm clouds looming over the market this week, make no mistake: The situation looks grim. And it's going to take a whole more than a few online take-out orders to justify the 60 P/E ratio at NVIDIA -- much less the 196 P/E ratio at AMD.The analyst's suggestion that Microsoft and Tencent might be worth a look, on the other hand, seems a little more sane at valuations of 33x and 32x earnings, respectively -- but even those two are not exactly "cheap."Meanwhile, next door in South Korea, Rakesh seems to think that things will get worse before they get better. He notes, for example, that Samsung recently temporarily closed its Gumi Galaxy Z handset factory, which could delay rolling out 5G-capable handsets to the masses. And Samsung won't be the only company affected."It is more difficult to control public movement [in a democracy like Korea] versus the central controlled quarantines in China," after all. For this reason, Rakesh is predicting "major disruptions" in supply chains tied to Korea in March.The situation could improve in the year's second quarter, and in the second half, "as OEMs play catchup to demand." In that longer-term timeframe, Rakesh is suggesting investors check out "cyclical auto and industrial names" such as NXP Semiconductors (NXPI) and ON Semiconductor (ON) to outperform.To find good ideas for semiconductor stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
- Investopedia
Charts Suggest Small-Cap Value Stocks Are Headed Higher
This article looks at how traders could position themselves to profit from a likely move higher in small-cap value stocks.
- Zacks
ON Semiconductor (ON) Surges: Stock Moves 6.7% Higher
ON Semiconductor (ON) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.
- Simply Wall St.
Should You Be Worried About ON Semiconductor Corporation's (NASDAQ:ON) 6.4% Return On Equity?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- Thomson Reuters StreetEvents
Edited Transcript of ON earnings conference call or presentation 3-Feb-20 2:00pm GMT
Q4 2019 ON Semiconductor Corp Earnings Call
- Zacks
New Strong Sell Stocks for February 5th
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
- Zacks
ON Semiconductor (ON) Q4 Earnings Lag Estimates, Shares Down
Broad-based weakness in industrial and consumer end-markets hurts ON Semiconductor's (ON) fourth-quarter 2019 results.
- Barrons.com
On Semiconductor Stock Is Plunging After Earnings. Here’s Why.
The chip maker’s earnings per share in the fourth quarter and gross margin both disappointed. On Semiconductor said it saw strong demand in a low-margin product line.
- TheStreet.com
ON Semiconductor Plunges on Quarterly Earnings Miss
Shares in ON Semiconductor plunge after the company reports fiscal first-quarter earnings that miss forecasts amid 'challenging' market conditions.
