We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
ON Semiconductor Corp. (ON) Stock Dips While Market Gains: Key Facts
Read MoreHide Full Article
ON Semiconductor Corp. (ON - Free Report) closed the most recent trading day at $75.63, moving -3.86% from the previous trading session. This change lagged the S&P 500's daily gain of 0.28%. On the other hand, the Dow registered a gain of 0.19%, and the technology-centric Nasdaq increased by 0.27%.
The stock of semiconductor components maker has risen by 3.58% in the past month, leading the Computer and Technology sector's loss of 4.89% and the S&P 500's loss of 0.2%.
The upcoming earnings release of ON Semiconductor Corp. will be of great interest to investors. The company's earnings report is expected on November 2, 2026. It is anticipated that the company will report an EPS of $0.88, marking a 39.68% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.71 billion, indicating a 10.02% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.21 per share and revenue of $6.58 billion. These totals would mark changes of +36.6% and +9.7%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for ON Semiconductor Corp. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.33% higher. Currently, ON Semiconductor Corp. is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, ON Semiconductor Corp. is currently trading at a Forward P/E ratio of 24.51. This represents a discount compared to its industry average Forward P/E of 32.73.
We can additionally observe that ON currently boasts a PEG ratio of 0.65. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Semiconductor - Analog and Mixed industry was having an average PEG ratio of 0.71.
The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 19, finds itself in the top 8% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
ON Semiconductor Corp. (ON) Stock Dips While Market Gains: Key Facts
ON Semiconductor Corp. (ON - Free Report) closed the most recent trading day at $75.63, moving -3.86% from the previous trading session. This change lagged the S&P 500's daily gain of 0.28%. On the other hand, the Dow registered a gain of 0.19%, and the technology-centric Nasdaq increased by 0.27%.
The stock of semiconductor components maker has risen by 3.58% in the past month, leading the Computer and Technology sector's loss of 4.89% and the S&P 500's loss of 0.2%.
The upcoming earnings release of ON Semiconductor Corp. will be of great interest to investors. The company's earnings report is expected on November 2, 2026. It is anticipated that the company will report an EPS of $0.88, marking a 39.68% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.71 billion, indicating a 10.02% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.21 per share and revenue of $6.58 billion. These totals would mark changes of +36.6% and +9.7%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for ON Semiconductor Corp. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.33% higher. Currently, ON Semiconductor Corp. is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, ON Semiconductor Corp. is currently trading at a Forward P/E ratio of 24.51. This represents a discount compared to its industry average Forward P/E of 32.73.
We can additionally observe that ON currently boasts a PEG ratio of 0.65. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Semiconductor - Analog and Mixed industry was having an average PEG ratio of 0.71.
The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 19, finds itself in the top 8% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.