ON Semiconductor Corp
ON: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| y!# | LOCK|wRD%& | LOCK|W%WBvVx |
Onsemi Earnings: The Cyclical Recovery Is Playing Out, Just Gradually
ON Semiconductor's fourth-quarter results were solid, with automotive and industrial revenue both rising sequentially, but with noncore product exits leading to a slight sequential decline for total sales. Guidance implies another sequential decline, due to market seasonality and more product exits.
