Onto Innovation - ONTO Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Onto Innovation in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Onto Innovation stock.
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4 Wall Street analysts have issued 1 year target prices for Onto Innovation's shares. Their ONTO stock forecasts range from $100.00 to $125.00. On average, they expect Onto Innovation's stock price to reach $110.00 in the next twelve months. This suggests a possible upside of 23.0% from the stock's current price.
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Onto Innovation's stock was trading at $101.23 at the beginning of 2022. Since then, ONTO shares have decreased by 11.7% and is now trading at $89.43.
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Onto Innovation is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022.
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Onto Innovation will be holding an earnings conference call on Tuesday, August 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 888-203-1112 with passcode "2312657".

Onto Innovation Inc. (NYSE:ONTO) announced its quarterly earnings data on Thursday, November, 4th. The semiconductor company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.06. The semiconductor company had revenue of $200.60 million for the quarter, compared to analysts' expectations of $195.34 million. Onto Innovation had a trailing twelve-month return on equity of 15.81% and a net margin of 19.93%. The company's revenue was up 58.6% compared to the same quarter last year. During the same period last year, the firm earned $0.40 EPS.

Onto Innovation issued an update on its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of $1.16-$1.35 for the period, compared to the consensus earnings per share estimate of $1.21. The company issued revenue guidance of $234.00 million-$248.00 million, compared to the consensus revenue estimate of $240.92 million.

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).

Onto Innovation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ONTO."

Onto Innovation's stock is owned by a variety of retail and institutional investors. Top institutional investors include Paradigm Capital Management Inc. NY (2.49%), Geneva Capital Management LLC (2.37%), Robeco Schweiz AG (2.28%), TimesSquare Capital Management LLC (1.38%), Stephens Investment Management Group LLC (1.29%) and Royce & Associates LP (1.28%). Company insiders that own Onto Innovation stock include Bruce C Rhine, David Brian Miller, Kevin Heidrich, Michael P Plisinski, Michael P Plisinski, Robert Alan Koch, Rollin Kocher, Srinivas Vedula, Steven R Roth and Steven R Roth.
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Shares of ONTO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ONTO stock can currently be purchased for approximately $89.43.

Onto Innovation (NYSE:ONTO) has a market capitalization of $4.43 billion and generates $788.90 million in revenue each year. The semiconductor company earns $142.35 million in net income (profit) each year or $3.45 on an earnings per share basis.

Onto Innovation employs 1,411 workers across the globe.

Onto Innovation's mailing address is 16 JONSPIN ROAD, WILMINGTON MA, 01887. The official website for Onto Innovation is www.ontoinnovation.com. The semiconductor company can be reached via phone at (978) 253-6200, via email at claire@headgatepartners.com, or via fax at 408-232-5910.