The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict ON Semiconductor's revenues will drop -15.5% and EPS will compress -44.0%.
The average estimate for revenue is $765.4 million. On the bottom line, the average EPS estimate is $0.14.
Last quarter, ON Semiconductor reported revenue of $744.4 million. GAAP reported sales were 14% lower than the prior-year quarter's $870.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.12. GAAP EPS of $0.06 for Q1 were 25% lower than the prior-year quarter's $0.08 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 32.9%, 300 basis points worse than the prior-year quarter. Operating margin was 7.4%, 590 basis points worse than the prior-year quarter. Net margin was 3.8%, 30 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $3.15 billion. The average EPS estimate is $0.67.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 476 members out of 492 rating the stock outperform, and 16 members rating it underperform. Among 75 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 72 give ON Semiconductor a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ON Semiconductor is outperform, with an average price target of $10.86.
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