ON Semi (NASDAQ:ON) just had their share rating of a "Buy" issued by research analysts at Stifel Nicolaus, who now has a $20.0 price target on the $8.14 billion market cap company or a 3.57 % upside potential. Further, a diversified customer and product base coupled with improving end-markets has insulated the company against certain end-market and geographical demand volatility. Therefore 63% are positive. Moreover, growing demand and greater adoption of CMOS image sensor business and ADAS related applications have given ON Semi a significant growth opportunity in the automotive market. Also, Director J Daniel Mccranie acquired 30,000 shares of the firm's stock in a transaction on Thursday, September 14th. "However, leveraged balance sheet remains a concern".
Several equities analysts have commented on ON shares. Its pivot point low generated buy signal on Monday September 25, 2017, which calls for additional surge until the stock forms a new pivot point high. The firm has "Buy" rating by Craig Hallum given on Tuesday, August 29. Mizuho reiterated an "outperform" rating and issued a $19.00 target price (up from $18.00) on shares of ON Semiconductor Corporation in a research report on Wednesday, August 9th. The same analysts have a future one-year price target of $19.55 on the shares. The stock of Cypress Semiconductor Corporation (NASDAQ:CY) has "Buy" rating given on Wednesday, February 24 by Craig Hallum.
Analysts have a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). They presently have a $20.00 target price on the semiconductor company's stock. Company shares have been seen trading -0.77% off of the 52 week high and 59.41% away from the 52 week low. Over the course of the past year CY has set a 52-week high of $15.50 while the corresponding low set was $9.63. Comparing that to the 200-day simple moving average of 15.43%, we can see where the stock relatively speaking.
In the market the company is trading up by 0.77% percent from yesterday's close. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States and worldwide copyright law. If you are reading this article on another domain, it was copied illegally and reposted in violation of United States and global copyright & trademark laws.
11/03/2016 - Lattice Semiconductor Corporation was downgraded to "neutral" by analysts at Robert W. Baird.
As of the latest earnings report the EPS was $-0.34 and is expected to be $0.13 for the current year with 122,971,000 shares outstanding. The stock was sold at an average price of $16.31, for a total transaction of $40,611.90. Following the acquisition, the director now owns 20,000 shares of the company's stock, valued at approximately $258,400. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
The number of shares changed hands in the stock is good, indicating the interest and low risk associated with it.
Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. Sterling Capital Management LLC now owns 1,673,704 shares of the semiconductor company's stock worth $23,499,000 after buying an additional 56,664 shares in the last quarter. The disclosure for this purchase can be found here. The King Luther Capital Management Corp holds 429,625 shares with $2.86 million value, down from 687,835 last quarter. At Comml Bank invested in 4,000 shares or 0.03% of the stock. It improved, as 8 investors sold Lattice Semiconductor Corp shares while 33 reduced holdings. The Hoplite Capital Management Lp holds 699,278 shares with $77.17 million value, down from 1.03M last quarter. Piedmont Investment Advisors LLC grew its position in ON Semiconductor Corporation by 118.9% during the second quarter.
Institutional investors and hedge funds have recently modified their holdings of the business. The Company's segments include Microcontroller and Connectivity Division (MCD), and Memory Products Division (MPD).
Lattice Semiconductor Corporation is a United States company, which develops semiconductor technologies that it monetizes through products, solutions and licenses.