ON Semiconductor Corporation (NASDAQ:ON) Morgan Stanley Technology, Media & Telecom Conference March 5, 2024 5:50 PM ET Company Participants Hassane El-Khoury – Chief Executive Officer Thad Trent – Chief Financial Officer Conference Call Participants Joe Moore – Morgan Stanley Joe Moore Everybody, I’m Joe Moore, again, Morgan Stanley semiconductor research. Very happy to have the executive team from ON Semiconductor, Hassane El-Khoury, CEO; and Thad Trent, CFO. So I wonder if you guys could just start out. ...

ON Semiconductor Corporation (NASDAQ:ON) Morgan Stanley Technology, Media & Telecom Conference March 5, 2024 5:50 PM ET Company Participants Hassane El-Khoury – Chief Executive Officer Thad Trent – Chief Financial Officer Conference Call Participants Joe Moore – Morgan Stanley Joe Moore Everybody, I’m Joe Moore, again, Morgan Stanley semiconductor research. Very happy to have the executive team from ON Semiconductor, Hassane El-Khoury, CEO; and Thad Trent, CFO. So I wonder if you guys could just start out. ...

Core Viewpoint - ON Semiconductor Corp. has been trending recently, with a notable stock performance of +6.2% over the past month, outperforming the S&P 500 composite's +3.8% and the Zacks Semiconductor - Analog and Mixed industry’s +4.2% [1] Earnings Estimate Revisions - The current quarter's earnings estimate for ON Semiconductor is projected at $1.06 per share, reflecting a decrease of -10.9% year-over-year, with a recent change of -6.2% in the Zacks Consensus Estimate [3] - For the current fiscal year, the consensus earnings estimate is $4.40, indicating a decline of -14.7% from the previous year, with an adjustment of -8.8% over the last 30 days [3] - The next fiscal year's consensus earnings estimate stands at $5.21, suggesting an increase of +18.4% compared to the prior year, although it has decreased by -9% recently [3] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $1.85 billion, which represents a year-over-year decline of -5.5% [5] - For the current fiscal year, the sales estimate is $7.6 billion, indicating a decrease of -7.9%, while the next fiscal year's estimate of $8.36 billion suggests a growth of +10% [5] Last Reported Results and Surprise History - In the last reported quarter, ON Semiconductor recorded revenues of $2.02 billion, a year-over-year decrease of -4.1%, with EPS of $1.25 compared to $1.32 a year ago [6] - The reported revenues exceeded the Zacks Consensus Estimate of $2 billion by +0.7%, and the EPS surprise was +3.31% [7] - The company has consistently beaten consensus EPS and revenue estimates over the past four quarters [7] Valuation - Valuation metrics such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether ON Semiconductor's stock is fairly valued compared to its historical values and peers [8] - The Zacks Value Style Score for ON Semiconductor is graded C, indicating that it is trading at par with its peers [9] Bottom Line - The information presented suggests that ON Semiconductor may perform in line with the broader market in the near term, as indicated by its Zacks Rank 3 [10]

ON Semiconductor Corp. (ON) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this semiconductor components maker have returned +13%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Semiconductor - Analog and Mixed industry, which ON Semiconductor Corp. falls in, has gained 5.7%. The key question no ...

Photo by Rafa Elias/Moment via Getty Images ON Semiconductor Corporation or onsemi (NASDAQ:ON) investors who decided to buy in November after its third-quarter earnings plunge have done well, outperforming the S&P 500 (SPX) (SPY) since my previous update. I highlighted the capitulation of ON in my November article, arguing why ON's valuation has normalized from its 2023 highs. As a result, it looked much more attractive, leading me to add exposure, given the fantastic dip-buying opportunity. As a result, I ...

Fool.com contributor Parkev Tatevosian reviews On Semiconductor (ON 0.11%) and its latest quarterly earnings report to answer if the stock is a buy. *Stock prices used were the afternoon prices of Feb. 6, 2024. The video was published on Feb. 8, 2024. ...

onsemi (ON) reported fourth-quarter 2023 non-GAAP earnings of $1.25 per share, outpacing the Zacks Consensus Estimate by 3.3% but declining 5.3% year over year.Revenues of $2.02 billion beat the Zacks Consensus Estimate by 0.7% but declined 4.1% on a year-over-year basis.onsemi shares were up roughly 6% in pre-market trading. The company’s shares have declined 15.2% year to date, underperforming the Zacks Computer & Technology sector’s increase of 5.6%.Top-Line DetailsPower Solutions Group revenues of $1.09 ...

ON Semiconductor Corporation (NASDAQ:ON) Q4 2023 Earnings Conference Call February 5, 2024 9:00 AM ET Company Participants Parag Agarwal - VP, IR & Corporate Development Hassane El-Khoury - President & CEO Thad Trent - CFO Conference Call Participants Ross Seymore - Deutsche Bank Vivek Arya - BofA Securities Christopher Danely - Citigroup Inc. Toshiya Hari - Goldman Sachs Gary Mobley - Wells Fargo Securities Joshua Buchalter - TD Cowen Christopher Rolland - Susquehanna Financial Group Quinn Bolton - Needham ...

ON Semiconductor Corp. (ON) reported $2.02 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 4.1%. EPS of $1.25 for the same period compares to $1.32 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2 billion, representing a surprise of +0.70%. The company delivered an EPS surprise of +3.31%, with the consensus EPS estimate being $1.21.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

Shares in ON Semiconductor (ON 7.74%) were up as much as 10% on the opening of trading today. The move comes after a satisfactory set of fourth-quarter earnings and first-quarter guidance. I've used the word "satisfactory" because the figures weren't anything outstanding. The company's revenue came in slightly above the midpoint of management's guidance, and the earnings per share of $1.25 in the fourth quarter were at the high end of the guidance range of $1.13 to $1.27.That's good enough, however the firs ...