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Onto Innovation Inc (ONTO)
NYSE:ONTO
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ONTO Stock Chart & Stats
Day’s Range― - ―
52-Week Range$141.79 - $238.93
Previous CloseN/A
Volume138.01K
Average Volume (3M)681.66K
Market Cap
$9.98B
Enterprise Value$9.86B
Total Cash (Recent Filing)$125.73M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)55.5
Beta2.16
Next Earnings
Feb 06, 2025EPS Estimate
1.41Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.69
Shares Outstanding49,391,300
10 Day Avg. Volume754,087
30 Day Avg. Volume681,663
Standard Deviation0.12
R-Squared0.30
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)10.73
Price to Cash Flow (P/CF)37.60
P/FCF Ratio42.70
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue10.47
Enterprise Value/Gross Profit23.47
Enterprise Value/Ebitda37.32
Forecast
1Y Price Target
$246.67Price Target Upside15.80% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Onto Innovation News
PremiumCompany Announcements
Onto Innovation Appoints New Executive VP of Product Solutions
Bulls Say, Bears Say
Bulls Say
AI PackagingThe company's differentiated AI packaging exposure and stronger growth prospects are seen as positive factors.
Financial PerformanceONTO reported decent results with both revenue and EPS above the midpoint of the respective guidance ranges.
Market PositionOnto Innovation is a key AI enabler through yield enhancement tools, generating triple-digit growth through Nvidia's primary suppliers TSMC and SK Hynix.
Bears Say
Earnings ConfusionGlitchy earnings undercut Onto’s messaging, leading to confusion and impacting the guidance's perceived context.
Missed EstimatesONTO missed estimates due to either customer pushout or supply constraints of litho systems.
Shipment ShortfallA $10MM shortfall in litho shipments prevented a potential beat-and-raise for the quarter.
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Ownership Overview
0.85% Insiders
35.20% Mutual Funds
0.76% Other Institutional Investors
39.12% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ONTO FAQ
What was Onto Innovation Inc’s price range in the past 12 months?
Onto Innovation Inc lowest stock price was $141.78 and its highest was $238.93 in the past 12 months.
What is Onto Innovation Inc’s market cap?
Onto Innovation Inc’s market cap is $9.98B.
When is Onto Innovation Inc’s upcoming earnings report date?
Onto Innovation Inc’s upcoming earnings report date is Feb 06, 2025 which is in 19 days.
How were Onto Innovation Inc’s earnings last quarter?
Onto Innovation Inc released its earnings results on Oct 31, 2024. The company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.02.
Is Onto Innovation Inc overvalued?
According to Wall Street analysts Onto Innovation Inc’s price is currently Undervalued.
Does Onto Innovation Inc pay dividends?
Onto Innovation Inc does not currently pay dividends.
What is Onto Innovation Inc’s EPS estimate?
Onto Innovation Inc’s EPS estimate is 1.41.
How many shares outstanding does Onto Innovation Inc have?
Onto Innovation Inc has 49,391,300 shares outstanding.
What happened to Onto Innovation Inc’s price movement after its last earnings report?
Onto Innovation Inc reported an EPS of $1.34 in its last earnings report, beating expectations of $1.32. Following the earnings report the stock price went down -11.209%.
Which hedge fund is a major shareholder of Onto Innovation Inc?
Among the largest hedge funds holding Onto Innovation Inc’s share is Fisher Asset Management LLC. It holds Onto Innovation Inc’s shares valued at 148M.
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Onto Innovation Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$246.67 (15.80% Upside)
$246.67 (15.80% Upside)
Blogger Sentiment
Bullish
ONTO Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 478.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
44.38%
12-Months-Change
Fundamentals
Return on Equity
10.18%
Trailing 12-Months
Asset Growth
11.34%
Trailing 12-Months
Company Description
Onto Innovation Inc
Onto Innovation, Inc. engages in developing process control systems. It offers process control, combining global scale with an expanded portfolio of technologies that include: 3D metrology spanning the chip from nanometer-scale transistors to micron-level die-interconnects, macro defect inspection of wafers and packages, metal interconnect composition, factory analytics, and lithography for advanced semiconductor packaging. The company was founded in 1940 and is headquartered in Wilmington, MA.
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ONTO Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call depicted a strong performance with record-breaking revenue in inspection and significant cash flow. The acquisitions are expected to enhance future growth opportunities. However, challenges such as lithography pushouts and a muted HBM expansion create some uncertainties. Operating expenses slightly increased due to strategic R&D investments.Read More>---
ONTO Stock 12 Month Forecast
Average Price Target
$246.67
▲(15.80% Upside)
Technical Analysis
Axcelis Technologies
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MACOM Technology Solutions Holdings
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Best Analysts Covering ONTO
1 Year
1 Year Success Rate
26/31 ratings generated profit
1 Year Average Return
+50.98%
reiterated a buy rating 4 months ago
Copying Craig Ellis's trades and holding each position for 1 Year would result in 83.87% of your transactions generating a profit, with an average return of +50.98% per trade.
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