Analysts Have Mixed Ratings On ON Semiconductor Corporation (NASDAQ:ON), The Charles Schwab Corporation (NYSE:SCHW)

The shares of ON Semiconductor Corporation (NASDAQ:ON) has been pegged with a rating of Buy by Craig Hallum in its latest research note that was published on February 04, 2020. The Technology company has also assigned a $24 price target. Craig Hallum wasn’t the only research firm that published a report of ON Semiconductor Corporation, with other equities research analysts also giving their opinion on the stock. Cowen advised investors in its research note published on February 04, 2020, to Outperform the ON stock while also putting a $24 price target. The stock had earned Hold rating from Loop Capital Markets when it published its report on February 04, 2020. The stock was given Market Perform rating by BMO Capital Markets in its report released on February 04, 2020, the day when the price target on the stock was placed at 20. BofA/Merrill was of a view that ON is Underperform in its latest report on February 03, 2020. Wells Fargo thinks that ON is worth Market Perform rating. This was contained in the firm’s report on November 25, 2019 in which the stock’s price target was also moved to 22.

Amongst the analysts that rated the stock, 2 have recommended investors to sell it, 9 believe it has the potential for further growth, thus rating it as Hold while 13 advised investors to purchase the stock. The consensus currently stands at a Overweight while its average price target is $23.18. The price of the stock the last time has raised by 28.44% from its 52-Week high price while it is -17.50% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 40.70.

The shares of the company dipped by -0.07% during the trading session on Wednesday, reaching a low of $21.24 while ending the day at $21.39. During the trading session, a total of 5.29 million shares were traded which represents a 9.99% incline from the average session volume which is 5.88 million shares. ON had ended its last session trading at $21.40. ON Semiconductor Corporation currently has a market cap of $8.98 billion, while its P/E ratio stands at 42.43, while its P/E earnings growth sits at 5.74, with a beta of 2.09. ON Semiconductor Corporation debt-to-equity ratio currently stands at 1.12, while its quick ratio hovers at 0.90 ON 52-week low price stands at $16.65 while its 52-week high price is $25.92.

The company in its last quarterly report recorded $0.30 earnings per share which is below the predicted by most analysts. The ON Semiconductor Corporation generated 928.7 million in revenue during the last quarter. In the second quarter last year, the firm recorded $0.33 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -43.33%. ON Semiconductor Corporation has the potential to record 1.39 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Keefe Bruyette published a research note on December 13, 2019 where it informed investors and clients that The Charles Schwab Corporation (NYSE:SCHW) is now rated as Outperform. Compass Point also rated SCHW as Upgrade on December 12, 2019, with its price target of $60 suggesting that SCHW could surge by 12.55% from its current share price. Even though the stock has been trading at $47.67/share, analysts expect it to surge by 0.25% to reach $54.65/share. It started the day trading at $48.345 and traded between $47.59 and $47.79 throughout the trading session.

A look at its technical shows that SCHW’s 50-day SMA is 48.08 while its 200-day SMA stands at 43.13. The stock has a high of $51.65 for the year while the low is $34.58. The stock, however, witnessed a rise in its short on 01/31/20. Compared to previous close which recorded 52.91 M shorted shares, the short percentage went higher by 15.46%, as 61.09M ON shares were shorted. At the moment, only 4.61% of The Charles Schwab Corporation shares were sold short. The company’s P/E ratio currently sits at 17.91, while the P/B ratio is 3.35. The company’s average trading volume currently stands at 10.17M shares, which means that the short-interest ratio is just 5.20 days. Over the past seven days, the company moved, with its shift of -1.04%. Looking further, the stock has raised 10.55% over the past 90 days while it gained 26.83% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Dodge & Cox bought more SCHW shares, increasing its portfolio by 10.08% during the last quarter. This move now sees The Dodge & Cox purchasing 8,395,365 shares in the last quarter, thus it now holds 91,644,610 shares of SCHW, with a total valuation of $4,174,411,986. The Vanguard Group, Inc. meanwhile sold more SCHW shares in the recently filed quarter, changing its stake to $4,022,494,445 worth of shares.

Similarly, T. Rowe Price Associates, Inc. (I. decreased its The Charles Schwab Corporation shares by 10.73% during the recently filed quarter. After selling 54,327,214 shares in the last quarter, the firm now controls -6,528,369 shares of The Charles Schwab Corporation which are valued at $2,474,604,598. In the same vein, BlackRock Fund Advisors decreased its The Charles Schwab Corporation shares by during the most recent reported quarter. The firm sold 3,668,840 shares during the quarter which decreased its stakes to 50,279,139 shares and is now valued at $2,290,214,781. Following these latest developments, around 10.56% of The Charles Schwab Corporation stocks are owned by institutional investors and hedge funds.