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ON Semiconductor (ON) Reaches $19.35 After 5.00% Up Move; Kayne Anderson Energy Development Co (KED)’s Sentiment Is 0.72

The stock decreased 0.07% or $0.011 during the last trading session, reaching $15.329. About 10,379 shares traded. Kayne Anderson Energy Development Company (KED) has declined 0.59% since December 5, 2016 and is downtrending. It has underperformed by 17.29% the S&P500.

The stock of ON Semiconductor Corporation (NASDAQ:ON) is a huge mover today! The stock increased 1.95% or $0.37 during the last trading session, reaching $19.35. About 2.33 million shares traded. ON Semiconductor Corporation (NASDAQ:ON) has risen 70.76% since December 5, 2016 and is uptrending. It has outperformed by 54.06% the S&P500.The move comes after 5 months positive chart setup for the $8.21 billion company. It was reported on Dec, 5 by Barchart.com. We have $20.32 PT which if reached, will make NASDAQ:ON worth $410.40 million more.

ON Semiconductor Corporation manufactures and sells semiconductor components for various electronic devices worldwide. The company has market cap of $8.21 billion. It operates through three divisions: Power Solutions Group, Analog Solutions Group, and Analog Solutions Group. It has a 28.5 P/E ratio. The Power Solutions Group segment offers discrete, module, and integrated semiconductor products for various applications, such as power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference.

Analysts await ON Semiconductor Corporation (NASDAQ:ON) to report earnings on February, 12. They expect $0.37 EPS, up 15.63% or $0.05 from last year’s $0.32 per share. ON’s profit will be $156.95 million for 13.07 P/E if the $0.37 EPS becomes a reality. After $0.30 actual EPS reported by ON Semiconductor Corporation for the previous quarter, Wall Street now forecasts 23.33% EPS growth.

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