ON Semiconductor Corp. (ON) Registers a Bigger Fall Than the Market: Important Facts to Note

ON Semiconductor Corp. (ON) closed the most recent trading day at $50.85, moving -1.07% from the previous trading session. This change lagged the S&P 500's 0.99% loss on the day. At the same time, the Dow lost 0.23%, and the tech-heavy Nasdaq lost 1.58%. Shares of the semiconductor components maker witnessed a gain of 6.31% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 7.77%, and outperforming the S&P 500's gain of 3.59%.The investment community will be paying close attention to the earnings performance of ON Semiconductor Corp. in its upcoming release. The company is slated to reveal its earnings on November 3, 2025. The company's earnings per share (EPS) are projected to be $0.6, reflecting a 39.39% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $1.52 billion, showing a 14.01% drop compared to the year-ago quarter. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.32 per share and a revenue of $5.96 billion, indicating changes of -41.71% and -15.85%, respectively, from the former year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for ON Semiconductor Corp. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.1% downward. ON Semiconductor Corp. is holding a Zacks Rank of #3 (Hold) right now. From a valuation perspective, ON Semiconductor Corp. is currently exchanging hands at a Forward P/E ratio of 22.15. Its industry sports an average Forward P/E of 41.98, so one might conclude that ON Semiconductor Corp. is trading at a discount comparatively. It's also important to note that ON currently trades at a PEG ratio of 2.56. 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 2.09. The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 23, which puts it in the top 10% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ON Semiconductor Corporation (ON): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks