ON Semiconductor Corporation (NASDAQ:ON) To Report Earnings
Analysts await ON Semiconductor Corporation (NASDAQ:ON) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.
They expect $0.15 EPS, down 33.33% or $0.05 from last year’s $0.2 per share.
At the moment 17 analysts are watching ON Semiconductor Corporation (NASDAQ:ON), 6 rate it “Buy”, 6 “Outperform”, 4 “Underperform”, 1 “Sell”, while 0 “Hold”.
Looking forward, for the quarter ending Jun-16, 13 analysts have a mean sales target of 855.20 million. For the quarter ending Sep-16, 13 analysts have a mean sales target of 891.05 million whilst for the year ending Dec-16, 15 analysts have a mean target of 3,442.43 million.
In terms of earnings per share, 16 analysts have a 0.20 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 16 analysts have a 0.24 EPS mean target and for the quarter ending Sep-16 there are 16 estimates of 0.82 EPS.
The biggest institutional shareholders in ON Semiconductor Corporation include Vanguard Group Inc which owns 28 million shares in the company valued at $272.48 million. Janus Capital Management LLC is the second biggest holder with 26 million shares currently valued at 253.46 million whilst Robeco Investment Management, Inc. has 14 million shares valued at 142.09 million.
Total shares held by institutions as of the most recent company filings are 402,615,943 with a reported 34,418,773 bought and 75,021,062 sold. These holdings make up 97.9% of the company’s outstanding shares.
Currently insiders hold 9,266,595 shares in the business which makes up 2.25% of shares. The biggest holder currently is Keith D. Jackson who owns 2,681,362 shares (0.65% of those outstanding), whilst Dr. William John Nelson,PhD holds 704,512 (0.17% of shares outstanding) and Donald A. Colvin holds 677,743 (0.16% of shares outstanding).
The stock increased 1.29% or $0.12 during the last trading session, hitting $9.60. ON Semiconductor Corporation (NASDAQ:ON) has fallen 19.9% over the past 6 months and is downtrending.

