Back to top

Image: Bigstock

ON Semiconductor Corporation

Read MoreHide Full Article

ON Semi is an original equipment manufacturer (OEM) of a broad range of discrete and embedded semiconductor components. ON Semi continues to gain from its strength in automotive and industrial end-markets. The addition of Fairchild’s offerings has expanded its product portfolio. Robust demand, adoption and favorable product mix of the company’s diversified product portfolio are key positives. Notably, estimates have been stable lately ahead of the company’s Q4 earnings release. However, a considerable debt burden and integration risks from company’s acquisitions remain major headwinds. Restructuring activities are anticipated to limit margin expansion. Further, stiff competition remains a woe. Notably, shares of ON Semi have underperformed the industry in the past year.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


ON Semiconductor Corporation (ON) - free report >>

Published in