Equities Analysts Set Expectations for Onsemi’s FY2025 Earnings (NASDAQ:ON)

Onsemi (NASDAQ:ON) – Equities researchers at B. Riley dropped their FY2025 earnings estimates for Onsemi in a note issued to investors on Monday, April 29th. B. Riley analyst C. Ellis now anticipates that the semiconductor company will earn $4.67 per share for the year, down from their previous estimate of $5.42. B. Riley currently has a “Buy” rating and a $103.00 target price on the stock. The consensus estimate for Onsemi’s current full-year earnings is $3.86 per share. B. Riley also issued estimates for Onsemi’s FY2026 earnings at $5.84 EPS.

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

A number of other equities analysts also recently issued reports on ON. BNP Paribas reissued an “underperform” rating and set a $55.00 price target on shares of Onsemi in a research report on Friday, April 19th. JPMorgan Chase & Co. cut their target price on shares of Onsemi from $95.00 to $90.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 6th. StockNews.com raised shares of Onsemi from a “sell” rating to a “hold” rating in a research report on Wednesday, February 14th. Evercore ISI initiated coverage on shares of Onsemi in a report on Tuesday, April 16th. They set an “outperform” rating and a $104.00 price objective on the stock. Finally, Rosenblatt Securities lowered their target price on Onsemi from $75.00 to $70.00 and set a “neutral” rating for the company in a report on Tuesday. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Onsemi currently has an average rating of “Moderate Buy” and a consensus price target of $90.24.

Onsemi Price Performance

Onsemi stock opened at $70.37 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.87 and a quick ratio of 1.74. The stock has a market cap of $30.28 billion, a price-to-earnings ratio of 14.36, a price-to-earnings-growth ratio of 3.12 and a beta of 1.78. The firm has a 50-day moving average of $72.35 and a two-hundred day moving average of $74.77. Onsemi has a 1 year low of $59.34 and a 1 year high of $111.35.

Institutional Investors Weigh In On Onsemi

A number of large investors have recently made changes to their positions in ON. Provence Wealth Management Group purchased a new stake in Onsemi in the third quarter valued at approximately $25,000. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Onsemi in the 4th quarter valued at $32,000. MeadowBrook Investment Advisors LLC acquired a new stake in shares of Onsemi in the fourth quarter worth $33,000. Private Wealth Management Group LLC purchased a new position in shares of Onsemi during the fourth quarter worth $33,000. Finally, Hanseatic Management Services Inc. acquired a new position in Onsemi during the third quarter valued at $38,000. 97.70% of the stock is owned by hedge funds and other institutional investors.

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.