ON Semiconductor Corp. (ON) Stock Declines While Market Improves: Some Information for Investors

Core Viewpoint - ON Semiconductor Corp. is experiencing a decline in stock performance and is expected to report lower earnings and revenue in the upcoming earnings disclosure scheduled for May 5, 2025 [3][4]. Company Performance - The stock price of ON Semiconductor Corp. closed at $39.63, reflecting a decrease of 0.84% from the previous trading day, underperforming compared to the S&P 500's gain of 0.74% [1]. - Over the past month, shares of ON Semiconductor have lost 8.68%, which is worse than the Computer and Technology sector's loss of 6.23% and the S&P 500's loss of 4.77% [2]. Earnings Estimates - Analysts expect ON Semiconductor to report an EPS of $0.51, which represents a decline of 52.78% from the same quarter last year [3]. - Revenue is projected to be $1.41 billion, indicating a 24.56% decrease compared to the corresponding quarter of the previous year [3]. - For the full year, earnings are estimated at $2.47 per share and revenue at $5.9 billion, reflecting declines of 37.94% and 16.68%, respectively, from the prior year [4]. Analyst Sentiment - Recent changes in analyst estimates for ON Semiconductor indicate shifting business dynamics, with upward revisions suggesting positive sentiment towards the company's operations [5]. - The Zacks Rank for ON Semiconductor is currently 4 (Sell), with the consensus EPS estimate moving 0.6% lower over the last 30 days [7]. Valuation Metrics - ON Semiconductor has a Forward P/E ratio of 16.17, which is lower than the industry's average Forward P/E of 27.45, suggesting a valuation discount [8]. - The company has a PEG ratio of 12.63, significantly higher than the average PEG ratio of 1.91 for Semiconductor - Analog and Mixed stocks [9]. Industry Context - The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 72, placing it in the top 30% of over 250 industries [10].