How to Buy On Semiconductor Stock
On Semiconductor Corp
ON Semiconductor Corporation provides intelligent sensing and power solutions worldwide. Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems.
On Semiconductor stock last closed at $60.65, down 0.1% from the previous day, and has decreased 18.46% in one year. It has underperformed other stocks in the Semiconductors industry by 0.43 percentage points. On Semiconductor stock is currently +2.21% from its 52-week low of $59.34, and -45.53% from its 52-week high of $111.35.
At the moment, there are 427.33M ON shares outstanding. The market value of ON is $25.92B. In the last 24 hours, 7.35M ON shares were traded.
How to Buy On Semiconductor Stock
Wondering how to invest in On Semiconductor stock? Here's how.
- Choose where to buy On Semiconductor stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy On Semiconductor stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your payment method and add your info.
- Evaluate On Semiconductor stock: The On Semiconductor ticker symbol is ON. Is On Semiconductor stock a good investment? Should you buy shares of ON? How do ON's underlying business fundamentals look? Do top analysts think On Semiconductor is a good buy? Why has ON's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if ON is a good stock to buy).
- Make your ON purchase: Decide if you will purchase ON shares at the current market price or use a limit order to buy ON shares at a given price.
- Get updates on your ON position: Create a watchlist to the latest updates on your position in On Semiconductor shares.
Step 1: Choose where to buy On Semiconductor stock
You need an online brokerage account in order to access the NASDAQ market and buy ON shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal information so you can buy ON stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have filled out your info on the best free stock trading app, you need to deposit funds:
Check out this video walkthrough if you need help transferring money into your new investment account.
Step 4: Evaluate On Semiconductor stock
Once you have chosen the best place to buy On Semiconductor stock, it's crucial to evaluate their stock before you invest, so you truly comprehend the risk and opportunity.
On Semiconductor Metrics
On Semiconductor Overview
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on ON's stock page.
What is the fair value of ON stock?
You can use many financial metrics, analyses, models, and charts to gauge ON's intrinsic value.
Using relative valuations ratios:
- ON may be undervalued based on its P/E ratio of 11.96x, relative to Semiconductors industry P/E ratio of 56.41x
- ON could be undervalued based on its P/B ratio of 3.33x, relative to Semiconductors industry P/B ratio of 7.36x
- ON could be undervalued based on its PEG ratio of 0.62x
You can do more valuation research on ON's stock here.
ON Financial Health Overview
Pros:
- ON profit margin has gone up from 22.9% to 26.5% in the past year.
- There are more short-term assets than short-term liabilities on the ON balance sheet.
- ON's operating cash flow of $1.98B allows it to safely service it's debt of $3.36B.
- ON earnings of $2.61B is not sufficient to cover its interest payments.
- Total ON debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the ON balance sheet.
Cons:
- ON has a relatively high debt to equity ratio of 0.7.
Is On Semiconductor stock a Buy, Hold, or Sell, according to analysts?
Out of 15 Equities analysts who give ratings on ON, the consensus analyst rating on On Semiconductor is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent ON Analyst Recommendations
Christopher Rolland, a top 1% analyst from Susquehanna maintains ON with a strong buy rating and maintains their ON price target from $90.00 to $90.00, on Apr 8, 2024.
Harlan Sur, a top 4% analyst from JP Morgan maintains ON with a hold rating and lowers their ON price target from $95.00 to $90.00, on Feb 6, 2024.
Kevin Cassidy, a top 6% analyst from Rosenblatt reiterates ON with a hold rating and maintains their ON price target from $75.00 to $75.00, on Feb 6, 2024.
Vijay Rakesh, a top 1% analyst from Mizuho maintains ON with a strong buy rating and lowers their ON price target from $98.00 to $92.00, on Feb 6, 2024.
Suji Desilva, a bottom 11% analyst from Roth MKM maintains ON with a strong buy rating and raises their ON price target from $75.00 to $90.00, on Feb 6, 2024.
You can dig deeper into what analysts are forecasting on the On Semiconductor stock forecast page.
ON Technicals
ON Earnings
Last year, ON earnings were $2.19B. In the last five year, ON's earnings have grown by 27.92% per year. This was faster than the Semiconductors industry average of 27.1%.
Last year, ON revenue was $8.25B. Over the past 5 year, ON's revenue has grown by 7.02% per year. This was slower than the Semiconductors industry average of 23.34%.
You can analyze ON's earnings and revenue performance here.
Latest Insiders Trades at ON
In the past 12 months, executives and large shareholders at ON have sold more shares than they have bought.
Sudhir Gopalswamy, Group President ASG ISG of ON, was the latest ON insider to sell. They sold $273,768.00 worth of ON shares on Mar 7, 2024.
Learn more about who owns ON stock here.
Does ON provide a stable income stream?
No, On Semiconductor doesn't provide an income stream by paying out dividends.
ON Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your ON purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, place a limit order.
Click the Open button and your broker will execute your order.
If you require additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Get updates on your ON position
Now that you own some shares in ON, you'll want to keep up with your investment.
Make a watchlist to get the latest updates about your ON stock.
ON Feed
How to Buy Stock in On Semiconductor
To summarize, here are the 6 steps for buying On Semiconductor stock:
- Choose where to buy On Semiconductor stock
- Open your brokerage account
- Deposit money your brokerage account
- Evaluate On Semiconductor stock
- Make your ON purchase
- Get updates on your ON position
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in On Semiconductor, click the button below.
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