Onsemi (NASDAQ:ON – Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Monday, April 29th. Analysts expect Onsemi to post earnings of $1.05 per share for the quarter. Onsemi has set its Q1 guidance at $0.98-1.10 EPS and its Q1 2024 guidance at 0.980-1.100 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.
Onsemi (NASDAQ:ON – Get Free Report) last posted its quarterly earnings data on Monday, February 5th. The semiconductor company reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.04. Onsemi had a net margin of 26.46% and a return on equity of 31.36%. The company had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2 billion. During the same period in the prior year, the business earned $1.32 earnings per share. Onsemi’s revenue for the quarter was down 4.1% compared to the same quarter last year. On average, analysts expect Onsemi to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Onsemi Stock Up 2.5 %
Shares of NASDAQ ON opened at $68.06 on Friday. Onsemi has a one year low of $59.34 and a one year high of $111.35. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.71 and a quick ratio of 1.74. The firm’s 50 day simple moving average is $73.11 and its two-hundred day simple moving average is $75.55. The stock has a market capitalization of $29.26 billion, a P/E ratio of 13.92, a PEG ratio of 6.55 and a beta of 1.80.
Analyst Ratings Changes
Read Our Latest Report on Onsemi
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.
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