NYSE:ONTO Onto Innovation (ONTO) Stock Price, News & Analysis → This TSLA short trade is on a nine win hot streak (From WealthPress) (Ad) Free ONTO Stock Alerts $233.14 +5.62 (+2.47%) (As of 05/24/2024 07:00 PM ET) Add Compare Share Share Today's Range$227.61▼$235.7050-Day Range$169.39▼$233.5952-Week Range$99.71▼$238.13Volume261,600 shsAverage Volume439,357 shsMarket Capitalization$11.49 billionP/E Ratio82.97Dividend YieldN/APrice Target$242.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Onto Innovation alerts: Email Address Onto Innovation MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside3.8% Upside$242.00 Price TargetShort InterestHealthy3.59% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.40Based on 9 Articles This WeekInsider TradingSelling Shares$7.79 M Sold Last QuarterProj. Earnings Growth25.35%From $5.01 to $6.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.41 out of 5 starsComputer And Technology Sector239th out of 595 stocksMeasuring & Controlling Devices, Not Elsewhere Classified Industry4th out of 9 stocks 2.4 Analyst's Opinion Consensus RatingOnto Innovation has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageOnto Innovation has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Onto Innovation's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.59% of the float of Onto Innovation has been sold short.Short Interest Ratio / Days to CoverOnto Innovation has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Onto Innovation has recently increased by 14.38%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldOnto Innovation does not currently pay a dividend.Dividend GrowthOnto Innovation does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ONTO. Previous Next 3.6 News and Social Media Coverage News SentimentOnto Innovation has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Onto Innovation this week, compared to 5 articles on an average week.Search InterestOnly 3 people have searched for ONTO on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat Follows4 people have added Onto Innovation to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Onto Innovation insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,789,583.00 in company stock.Percentage Held by InsidersOnly 0.72% of the stock of Onto Innovation is held by insiders.Percentage Held by Institutions98.35% of the stock of Onto Innovation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Onto Innovation's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Onto Innovation are expected to grow by 25.35% in the coming year, from $5.01 to $6.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Onto Innovation is 82.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.64.Price to Earnings Ratio vs. SectorThe P/E ratio of Onto Innovation is 82.97, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 209.84.Price to Book Value per Share RatioOnto Innovation has a P/B Ratio of 6.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Onto Innovation's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Onto Innovation Stock (NYSE:ONTO)Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements. In addition, the company provides process control software portfolio that includes solutions for standalone tools, groups of tools, and enterprise-or factory-wide suites. Further, it engages in systems software, spare parts, and other services, as well as offers software licensing services. The company's products are used in semiconductor and advanced packaging device manufacturers; silicon wafer; light emitting diode; vertical-cavity surface-emitting laser; micro-electromechanical system; CMOS image sensor; power device; analog device; RF filter; data storage; and various industrial and scientific applications. Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts.Read More ONTO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ONTO Stock News HeadlinesMay 25 at 5:00 AM | americanbankingnews.comOnto Innovation (NYSE:ONTO) Reaches New 12-Month High at $238.13May 24 at 2:28 AM | americanbankingnews.comOnto Innovation Inc. (NYSE:ONTO) Given Consensus Recommendation of "Moderate Buy" by BrokeragesMay 22, 2024 | investorplace.com3 Obscure Tech Stocks That Could Be the Next Big ThingMay 19, 2024 | benzinga.comHere's How Much $1000 Invested In Onto Innovation 15 Years Ago Would Be Worth TodayMay 16, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Technology Stocks: Onto Innovation (ONTO) and Inseego (INSG)May 14, 2024 | finance.yahoo.comHere's How Much You'd Have If You Invested $1000 in Onto Innovation a Decade AgoMay 13, 2024 | businesswire.comOnto Innovation to Participate in Upcoming Investor EventsMay 13, 2024 | fool.comNvidia Is Leading the Artificial Intelligence (AI) Charge, But These 2 Companies Are Rising StarsMay 11, 2024 | markets.businessinsider.comOnto Innovation Receives ‘Buy’ Rating on Strong Growth and Strategic Industry PositioningMay 11, 2024 | finance.yahoo.comOnto Innovation First Quarter 2024 Earnings: Beats ExpectationsMay 10, 2024 | markets.businessinsider.comIn-Depth Examination Of 3 Analyst Recommendations For Onto InnovationMay 10, 2024 | finance.yahoo.comOnto Innovation Inc. (ONTO) Q1 2024 Earnings: Surpasses Revenue Expectations, Aligns with EPS ...May 10, 2024 | finance.yahoo.comOnto Innovation Inc. (NYSE:ONTO) Q1 2024 Earnings Call TranscriptMay 10, 2024 | finance.yahoo.comDecoding Onto Innovation Inc (ONTO): A Strategic SWOT InsightMay 9, 2024 | businesswire.comOnto Innovation Reports 2024 First Quarter ResultsMay 8, 2024 | markets.businessinsider.comHere's what Wall Street expects from Onto Innovation's earnings reportApril 28, 2024 | msn.comVW's Innovation Basket: Elevating driving with human-like tech. Check detailsApril 26, 2024 | seekingalpha.comOnto Innovation: The Rally Has Started To Wobble Even Though It Remains IntactApril 26, 2024 | investorplace.comThe Top 3 Semiconductor Stocks to Buy in April 2024April 25, 2024 | finance.yahoo.comAre Computer and Technology Stocks Lagging NVIDIA (NVDA) This Year?April 23, 2024 | businesswire.comOnto Innovation Debuts Sub-surface Defect Inspection for Advanced PackagingApril 23, 2024 | msn.comLate Night with the Devil invites a demon onto a 70s talk show, with disastrous consequencesApril 23, 2024 | markets.businessinsider.comEmbark on Innovation: Jasionbike Launches X-Hunter for the Ultimate ExplorationApril 17, 2024 | benzinga.comHere's How Much $100 Invested In Onto Innovation 5 Years Ago Would Be Worth TodayApril 17, 2024 | msn.comEvercore ISI Group Initiates Coverage of Onto Innovation (ONTO) with Outperform RecommendationSee More Headlines Receive ONTO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Onto Innovation and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Today5/27/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Measuring & controlling devices, not elsewhere classified Sub-IndustrySemiconductor Equipment Current SymbolNYSE:ONTO CUSIP63007710 CIK704532 Webwww.ontoinnovation.com Phone(978) 253-6200Fax408-232-5910Employees1,497Year FoundedN/APrice Target and Rating Average Stock Price Target$242.00 High Stock Price Target$265.00 Low Stock Price Target$215.00 Potential Upside/Downside+3.8%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.81 Trailing P/E Ratio82.97 Forward P/E Ratio46.53 P/E GrowthN/ANet Income$121.16 million Net Margins16.43% Pretax Margin17.89% Return on Equity11.48% Return on Assets10.46% Debt Debt-to-Equity RatioN/A Current Ratio9.06 Quick Ratio6.82 Sales & Book Value Annual Sales$815.87 million Price / Sales14.08 Cash Flow$5.11 per share Price / Cash Flow45.58 Book Value$36.15 per share Price / Book6.45Miscellaneous Outstanding Shares49,280,000Free Float48,921,000Market Cap$11.49 billion OptionableOptionable Beta1.40 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Michael P. Plisinski (Age 54)CEO & Director Comp: $1.32MMr. Mark R. Slicer (Age 52)Senior VP & CFO Comp: $709.82kMr. Ramil Yaldaei (Age 59)Chief Operating Officer Comp: $480.96kMs. Yoon Ah E. Oh (Age 42)VP, General Counsel & Company Secretary Comp: $572.56kDr. Srinivas Vedula Ph.D. (Age 51)Senior Vice President of Customer Success Group Comp: $483.89kMr. Michael SheafferSenior Director of Investor Relations & ESG ReportingDr. Michel RosaChief Marketing Officer & Senior VP of StrategyMr. Robert Fiordalice (Age 62)Senior VP & GM of Metrology Business Unit Comp: $518.66kMore ExecutivesKey CompetitorsEntegrisNASDAQ:ENTGMKS InstrumentsNASDAQ:MKSIAmkor TechnologyNASDAQ:AMKRFormFactorNASDAQ:FORMAdvanced Energy IndustriesNASDAQ:AEISView All CompetitorsInsiders & InstitutionsSwedbank ABBought 13,200 shares on 5/21/2024Ownership: 0.027%LRI Investments LLCBought 525 shares on 5/21/2024Ownership: 0.001%Comerica BankSold 1,134 shares on 5/17/2024Ownership: 0.043%Hancock Whitney CorpSold 289 shares on 5/17/2024Ownership: 0.009%Walleye Trading LLCSold 1,400 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions ONTO Stock Analysis - Frequently Asked Questions Should I buy or sell Onto Innovation stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Onto Innovation in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ONTO shares. View ONTO analyst ratings or view top-rated stocks. What is Onto Innovation's stock price target for 2024? 6 Wall Street analysts have issued twelve-month price targets for Onto Innovation's stock. Their ONTO share price targets range from $215.00 to $265.00. On average, they anticipate the company's share price to reach $242.00 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price. View analysts price targets for ONTO or view top-rated stocks among Wall Street analysts. How have ONTO shares performed in 2024? Onto Innovation's stock was trading at $152.90 at the beginning of the year. Since then, ONTO stock has increased by 52.5% and is now trading at $233.14. View the best growth stocks for 2024 here. Are investors shorting Onto Innovation? Onto Innovation saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,530,000 shares, an increase of 21.4% from the March 31st total of 1,260,000 shares. Based on an average daily volume of 425,200 shares, the short-interest ratio is presently 3.6 days. Currently, 3.1% of the company's shares are short sold. View Onto Innovation's Short Interest. When is Onto Innovation's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our ONTO earnings forecast. How were Onto Innovation's earnings last quarter? Onto Innovation Inc. (NYSE:ONTO) released its quarterly earnings data on Thursday, May, 9th. The semiconductor company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.08. The semiconductor company had revenue of $228.80 million for the quarter, compared to the consensus estimate of $222.60 million. Onto Innovation had a trailing twelve-month return on equity of 11.48% and a net margin of 16.43%. The company's quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.92 earnings per share. What ETFs hold Onto Innovation's stock? ETFs with the largest weight of Onto Innovation (NYSE:ONTO) stock in their portfolio include Innovator Deepwater Frontier Tech ETF (LOUP), ProShares Nanotechnology ETF (TINY), Neuberger Berman Disrupters ETF (NBDS), Invesco Semiconductors ETF (PSI), Invesco Dorsey Wright Technology Momentum ETF (PTF), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), Invesco S&P MidCap Momentum ETF (XMMO) and Goldman Sachs Small Cap Core Equity ETF (GSC). What guidance has Onto Innovation issued on next quarter's earnings? Onto Innovation updated its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of 1.140-1.260 for the period, compared to the consensus EPS estimate of 1.110. The company issued revenue guidance of $230.0 million-$240.0 million, compared to the consensus revenue estimate of $226.0 million. What other stocks do shareholders of Onto Innovation own? Based on aggregate information from My MarketBeat watchlists, some companies that other Onto Innovation investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Applied Materials (AMAT), Micron Technology (MU), AbbVie (ABBV), Cisco Systems (CSCO), Lumentum (LITE), Nokia Oyj (NOK), Boeing (BA) and Ford Motor (F). Who are Onto Innovation's major shareholders? Onto Innovation's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.69%), Geneva Capital Management LLC (2.18%), Hood River Capital Management LLC (1.36%), Price T Rowe Associates Inc. MD (1.36%), Allspring Global Investments Holdings LLC (0.96%) and Allspring Global Investments Holdings LLC (0.96%). Insiders that own company stock include Bruce C Rhine, David Brian Miller, Ju Jin, Kevin Heidrich, Mark Slicer, Michael P Plisinski, Michael P Plisinski, Robert Fiordalice, Srinivas Vedula, Steven R Roth and Yoon Ah Oh. View institutional ownership trends. How do I buy shares of Onto Innovation? Shares of ONTO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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