16.40 -0.11 (-0.67%)
After hours: 5:55PM EDT
|Bid||16.12 x 1200|
|Ask||16.80 x 1000|
|Day's Range||16.43 - 16.71|
|52 Week Range||16.05 - 27.10|
|Beta (3Y Monthly)||2.10|
|PE Ratio (TTM)||7.75|
|Earnings Date||Oct 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.03|
AMAT stock was impacted by the company’s third-quarter 2018 results (year ending in October). Applied Materials expects revenue of $4 billion with EPS of $0.96 in Q4 2018, which is more than 10% lower than Wall Street revenue estimates of $4.5 billion and EPS projections of $1.17. The ongoing trade war and the earnings cliff have impacted several semiconductor stocks.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Technology sector is rising.
NEW YORK, Oct. 11, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
ON Semiconductor Corporation (Nasdaq: ON) plans to announce its financial results for the third quarter, which ended Sept. 28, 2018, before the market opens on Monday, Oct. 29, 2018. The company will host a conference call at 9 a.m. Eastern Time (EDT) on Oct. 29, 2018, following the release of its financial results. Webcast: A live webcast of the conference call will be available via the “Investor Relations” section of the company’s website at http://www.onsemi.com.
The once red-hot semiconductor sector is slowing down, with one team of analysts cutting their stock estimates for the first time in three years. In a recent research note, Morgan Stanley analyst Craig Hettenbach lowered his estimates for the chip sector in the fourth quarter and the year ahead. Hettenbach also reduced his price forecast for seven stocks including Qorvo Inc. ( QRVO), Microchip Technology Inc. ( MCHP), and TE Connectivity Ltd. ( TEL).
ON Semiconductor Corporation (Nasdaq: ON), driving energy efficiency innovations, today announced that Christine Yan has joined its Board of Directors. Ms. Yan was elected to this position by ON Semiconductor’s Board of Directors. “We are pleased to welcome Christine as a new independent director to ON Semiconductor’s board and look forward to her contributions,” said Alan Campbell, chair of the board at ON Semiconductor.
ON Semiconductor Corporation (Nasdaq: ON) and Fujitsu Semiconductor Limited today announced that ON Semiconductor will complete the incremental 20 percent share purchase of Aizu Fujitsu Semiconductor Manufacturing Limited, Fujitsu’s 8-inch wafer fab in Aizu-Wakamatsu, on Oct. 1, 2018. ON Semiconductor will hold a 60 percent majority ownership in the joint venture, and a brand transition will occur following the Oct. 1 close.
How far off is ON Semiconductor Corporation (NASDAQ:ON) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock is Read More...
Zacks.com featured highlights include: MetLife, Stifel Financial, Rayonier Advanced, ON Semiconductor and Huntsman
KeyBanc analyst Weston Twigg on Tuesday initiated coverage on 10 popular semiconductor stocks and downgraded another, but his across-the-board Sector Perform ratings suggest he’s not particularly confident in semis at the moment. “We're constructive on the long-term trajectory of the industry as new demand drivers emerge,” Twigg said. Twigg said semi companies with larger scale will likely be able to navigate the current environment best by investing in acquisitions and research.
Shares of Intel Corp. are down 1.1% in premarket trading Tuesday after Raymond James analyst Chris Caso downgraded the stock to underperform from market perform due to "a number of headwinds mounting against the company, set to impact longer-term growth expectations and profitability." He said that his meetings show more optimism for Intel competitors than in past years. "Intel's well documented CPU shortage persists through the September quarter," Caso wrote. "Some PC OEMs have shifted volume to Advanced Micro Devices Inc. as a result." He is more downbeat on the semiconductor sector in general, and he downgraded shares of Analog Devices Inc. , Microchip Technology Inc. , and ON Semiconductor Corp. to market perform from outperform on Tuesday as well. Intel shares are up 26% over the past 12 months, while the Dow Jones Industrial Average has gained 19%.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Analysts caution that a company's earnings are subject to accounting estimates and management manipulation. On the other hand, cash flow is reliable.
DSW, L Brands, Vishay Intertechnology, Cypress Semiconductor and ON Semiconductor highlighted as Zacks Bull and Bear of the Day
Semiconductor stocks have been struggling to generate positive momentum recently, but niche chipmakers focused on the Internet of Things still have growth potential. With that said, we've found three stocks which have been flagged by the Zacks Rank that could be poised for further IoT growth soon!
Zacks.com highlights: ON Semiconductor, Potlatch, Ideal Power, PulteGroup and Alpha & Omega Semiconductor
TE Connectivity (TEL) decides to sell SubCom business to Cerberus Capital in a bid to focus more on gaining industrial leadership.
Zacks.com highlights: Huntsman, Covenant Transportation Group, ON Semiconductor, Rayonier Advanced Materials and Aflac