Yahoo Finance Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
ON Semiconductor Corp. (ON)
Onsemi, is an original equipment manufacturer of a broad range of discrete and embedded semiconductor components. The company was spun off from Motorola in Aug 1999 and went public through an IPO in May 2000.
ON boasts a Value Style Score of B and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of ON Semiconductor Corp. are trading at a forward earnings multiple of 13.6X, as well as a PEG Ratio of 0.6, a Price/Cash Flow ratio of 16.2X, and a Price/Sales ratio of 3.8X.
A company's earnings performance is important for value investors as well. For fiscal 2022, 12 analysts revised their earnings estimate higher in the last 60 days for ON, while the Zacks Consensus Estimate has increased $0.12 to $5.27 per share. ON also holds an average earnings surprise of 12.3%.
ON should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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ON Semiconductor Corporation (ON) : Free Stock Analysis Report
