FY2025 EPS Estimates for Onsemi (NASDAQ:ON) Cut by Analyst

Onsemi (NASDAQ:ON) – Analysts at B. Riley dropped their FY2025 earnings per share estimates for shares of Onsemi in a research note issued to investors on Monday, April 29th. B. Riley analyst C. Ellis now expects that the semiconductor company will post earnings per share of $4.67 for the year, down from their prior forecast of $5.42. B. Riley currently has a “Buy” rating and a $103.00 price target on the stock. The consensus estimate for Onsemi’s current full-year earnings is $4.12 per share. B. Riley also issued estimates for Onsemi’s FY2026 earnings at $5.84 EPS.

Several other equities research analysts have also weighed in on ON. Roth Mkm boosted their target price on Onsemi from $75.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, February 6th. Morgan Stanley decreased their price objective on shares of Onsemi from $80.00 to $70.00 and set an “equal weight” rating for the company in a report on Monday, April 22nd. StockNews.com upgraded shares of Onsemi from a “sell” rating to a “hold” rating in a report on Wednesday, February 14th. BNP Paribas restated an “underperform” rating and set a $55.00 price target on shares of Onsemi in a report on Friday, April 19th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on Onsemi from $90.00 to $85.00 and set a “buy” rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $90.24.

Onsemi Trading Up 1.4 %

Onsemi stock opened at $70.01 on Thursday. Onsemi has a one year low of $59.34 and a one year high of $111.35. The company’s fifty day moving average price is $72.63 and its two-hundred day moving average price is $74.95. The company has a market capitalization of $30.12 billion, a price-to-earnings ratio of 14.29, a PEG ratio of 8.39 and a beta of 1.78. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.87 and a quick ratio of 1.74.

Onsemi (NASDAQ:ON) last posted its quarterly earnings results on Monday, April 29th. The semiconductor company reported $1.08 EPS for the quarter, beating the consensus estimate of $1.04 by $0.04. The business had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.85 billion. Onsemi had a net margin of 26.67% and a return on equity of 28.86%. Onsemi’s revenue was down 4.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.19 EPS.

Institutional Trading of Onsemi

A number of hedge funds have recently modified their holdings of the company. Pegasus Asset Management Inc. grew its holdings in shares of Onsemi by 1.0% in the 1st quarter. Pegasus Asset Management Inc. now owns 44,741 shares of the semiconductor company’s stock valued at $3,291,000 after buying an additional 459 shares during the period. Nordea Investment Management AB lifted its holdings in Onsemi by 5.2% during the first quarter. Nordea Investment Management AB now owns 283,225 shares of the semiconductor company’s stock worth $21,120,000 after acquiring an additional 14,011 shares in the last quarter. Fidelis Capital Partners LLC acquired a new position in Onsemi in the first quarter valued at about $45,000. Iridian Asset Management LLC CT increased its holdings in shares of Onsemi by 7.0% in the first quarter. Iridian Asset Management LLC CT now owns 51,475 shares of the semiconductor company’s stock worth $3,786,000 after acquiring an additional 3,369 shares in the last quarter. Finally, Wambolt & Associates LLC raised its position in shares of Onsemi by 41.2% during the first quarter. Wambolt & Associates LLC now owns 24,037 shares of the semiconductor company’s stock worth $1,775,000 after purchasing an additional 7,012 shares during the period. 97.70% of the stock is currently owned by institutional investors and hedge funds.

About Onsemi

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.