ON Semiconductor Corporation (ON) Receives Average Recommendation of "Buy" from Brokerages

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12 October, 2017

A number of other brokerages also recently issued reports on CY. The firm earned "Overweight" rating on Monday, June 13 by Pacific Crest. With ON Semiconductor Corporation (:ON) shares passing the 70 level, the stock is now considered to be in overbought territory and ripe for a potential pullback. Loop Capital restated a "buy" rating and set a $17.00 target price on shares of ON Semiconductor Corp in a report on Wednesday, February 15th. Goldman Sachs downgraded the shares of ON in report on Wednesday, September 13 to "Neutral" rating.

Among 16 analysts covering NetEase (NASDAQ:NTES), 10 have Buy rating, 3 Sell and 3 Hold. 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. At the close of regular trading, its last week's stock price volatility was 0.63% which for the month reaches 0.46%.

Robertson Opportunity Capital Llc increased its stake in Cypress Semiconductor Corp (CY) by 22.31% based on its latest 2017Q2 regulatory filing with the SEC. Narrowing in, the stock is at a distance of -0.77% from the 50 day high and 10.63% off of the 50 day low. Robertson Opportunity Capital Llc who had been investing in Cypress Semiconductor Corp for a number of months, seems to be bullish on the $5.16 billion market cap company. The semiconductor company reported $0.21 EPS for the quarter, topping the Zacks' consensus estimate of $0.16 by $0.05.

ROE (Return on equity) was recorded as - and ABEV's has Return on assets (ROA) of - while Return on Investment (ROI) was recorded as -. The company had revenue of $593.80 million during the quarter, compared to analysts' expectations of $546.82 million.

ON Semiconductor Corp. (NASDAQ:ON) reported its EPS in the last quarter as $0.36/Share beating the analyst estimate of $0.32/Share by a difference of $0.04. It now has negative earnings.

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COPYRIGHT VIOLATION WARNING: This report was first reported by TrueBlueTribune and is owned by of TrueBlueTribune. If you are viewing this report on another domain, it was copied illegally and reposted in violation of USA & global copyright law. The rating was maintained by H.C. Wainwright with "Buy" on Monday, July 24.

Interest in Cypress Semiconductor Corporation (NASDAQ:CY) has gathered pace in recent weeks as a result of the underlying changes in the state of insider activity. The stock was purchased at an average cost of $12.92 per share, with a total value of $129,200.00. Following the completion of the transaction, the director now owns 65,256 shares in the company, valued at approximately $918,151.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. On Tuesday, September 19 the stock rating was maintained by Robert W. Baird with "Hold". The shares were sold on October 9th for an average price of $0.00. Fmr Ltd Limited Liability Company has 657,780 shares. The disclosure for this sale can be found here. Hoplite Capital Management Lp sold 334,106 shares as Anheuser Busch Inbev Sa/Nv (BUD)'s stock rose 8.45%. Corporate insiders own 0.69% of the company's stock. From the opening price, the stock has seen a change of -0.63% recently clocking in with a price of $15.88. After $0.13 actual EPS reported by Cypress Semiconductor Corporation for the previous quarter, Wall Street now forecasts 23.08% EPS growth. At one point in the past year, the shares traded as low as $38.58 but has recovered 47.95% since then. IFP Advisors Inc now owns 8,628 shares of the semiconductor company's stock worth $118,000 after purchasing an additional 1,014 shares in the last quarter. Robecosam AG grew its position in ON Semiconductor Corporation by 198.5% during the second quarter.

As of the end of the quarter Next Financial Group, Inc had bought 100 shares growing its position 7.1%. The New York-based Sg Americas Secs Ltd Liability Company has invested 0.01% in Lattice Semiconductor Corp (NASDAQ:LSCC). In the last quarter, insiders sold 58,878 shares of company stock worth $889,861. Finally, Northpointe Capital LLC increased its stake in shares of Cypress Semiconductor by 69.2% in the 2nd quarter. Income Research & Management bought a new position in shares of ON Semiconductor Corp during the fourth quarter valued at $1,800,000. Instituational ownership is important too, as it can indicate larger banks have confidence in the company.

Cypress Semiconductor Corporation, launched on September 26, 1986, manufactures embedded system solutions for automotive, industrial, home automation and appliances, consumer electronics and medical products. The Company's divisions include Power Solutions Group, Analog Solutions Group and Image Sensor Group.


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