NYSE:ONTO Onto Innovation (ONTO) Stock Forecast, Price & News $123.26 +1.15 (+0.94%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$121.95▼$125.7150-Day Range$104.82▼$138.9352-Week Range$56.02▼$142.26Volume297,556 shsAverage Volume410,790 shsMarket Capitalization$6.05 billionP/E Ratio35.12Dividend YieldN/APrice Target$118.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Onto Innovation MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside4.0% Downside$118.33 Price TargetShort InterestBearish3.11% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.90Based on 11 Articles This WeekInsider TradingSelling Shares$4.96 M Sold Last QuarterProj. Earnings Growth22.25%From $3.64 to $4.45 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.09 out of 5 starsComputer And Technology Sector377th out of 588 stocksMeasuring & Controlling Devices, Not Elsewhere Classified Industry5th out of 7 stocks 1.4 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $118.33, Onto Innovation has a forecasted downside of 4.0% from its current price of $123.26.Amount of Analyst CoverageOnto Innovation has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.11% 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 4.1.Change versus previous monthShort interest in Onto Innovation has recently increased by 14.39%, 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 3.8 News and Social Media Coverage News SentimentOnto Innovation has a news sentiment score of 0.90. 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 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Onto Innovation this week, compared to 3 articles on an average week.Search Interest14 people have searched for ONTO on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.MarketBeat Follows8 people have added Onto Innovation to their MarketBeat watchlist in the last 30 days. This is an increase of 700% 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 $4,958,113.00 in company stock.Percentage Held by InsidersOnly 0.81% of the stock of Onto Innovation is held by insiders.Percentage Held by Institutions94.78% of the stock of Onto Innovation is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Onto Innovation are expected to grow by 22.25% in the coming year, from $3.64 to $4.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Onto Innovation is 35.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Onto Innovation is 35.12, 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 289.28.Price to Book Value per Share RatioOnto Innovation has a P/B Ratio of 3.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Onto Innovation (NYSE:ONTO) StockOnto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs macro defect inspection and 2D/3D optical metrology, lithography systems, and process control analytical software worldwide. It 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; and process control software portfolio that includes solutions for standalone tools, groups of tools, and enterprise-or factory-wide suites. The company also provides spare parts and software licensing services. Its products are used by 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. The company was formerly known as Rudolph Technologies, Inc. Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts.Read More ONTO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ONTO Stock News HeadlinesSeptember 19, 2023 | finance.yahoo.comInsider Sell: CFO Mark Slicer Sells 3,005 Shares of Onto Innovation IncSeptember 19, 2023 | americanbankingnews.comOnto Innovation Inc. (NYSE:ONTO) CFO Sells $376,045.70 in StockSeptember 23, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 19, 2023 | americanbankingnews.comRobert Fiordalice Sells 7,049 Shares of Onto Innovation Inc. (NYSE:ONTO) StockSeptember 17, 2023 | americanbankingnews.comOnto Innovation (NYSE:ONTO) Shares Down 4.6% September 17, 2023 | americanbankingnews.comOnto Innovation Inc. (NYSE:ONTO) Given Consensus Recommendation of "Moderate Buy" by AnalystsSeptember 7, 2023 | finance.yahoo.comThis Little-Known Semi-Cap Just Received a Massive AI Packaging OrderSeptember 6, 2023 | benzinga.comOnto Innovation SVP Trades $201K In Company StockSeptember 23, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 4, 2023 | finance.yahoo.com1 Small AI Stock Just Landed New Orders Worth Over $100 MillionAugust 31, 2023 | msn.comOnto Innovation (ONTO) Price Target Increased by 20.03% to 147.90August 30, 2023 | markets.businessinsider.comOnto Innovation (ONTO) Gets a Buy from Benchmark Co.August 29, 2023 | marketwatch.comOnto Innovation Shares Rise 13% After $100M in New OrdersAugust 29, 2023 | finance.yahoo.comOnto Innovation's (ONTO) DragonFly G3 System Gains MomentumAugust 28, 2023 | seekingalpha.comOnto Innovation announces over $100M in orders for systems supporting advanced AI packagingAugust 28, 2023 | finance.yahoo.comOnto Innovation Announces Over $100 Million in Orders for Systems Supporting Advanced Packaging for AIAugust 23, 2023 | seekingalpha.comOnto Innovation: Plummeting Metrology/Inspection Sales As KLA Continues To DominateAugust 17, 2023 | finance.yahoo.com1 Small Semiconductor Stock You Need to Know About Right NowAugust 16, 2023 | finance.yahoo.comOnto Innovation to Participate in Upcoming Investor EventsAugust 13, 2023 | finance.yahoo.comOnto Innovation Inc. (NYSE:ONTO) Q2 2023 Earnings Call TranscriptAugust 11, 2023 | finance.yahoo.comOnto Innovation Reports 2023 Second Quarter ResultsAugust 11, 2023 | finance.yahoo.comOnto Innovation (ONTO) Lags Q2 Earnings and Revenue EstimatesJuly 31, 2023 | finance.yahoo.comIs Onto Innovation Inc.'s (NYSE:ONTO) Latest Stock Performance A Reflection Of Its Financial Health?July 12, 2023 | finance.yahoo.comOnto Innovation Expands Portfolio of Process Control Solutions for High Growth Specialty MarketsJuly 10, 2023 | finance.yahoo.comOnto Innovation Launches U.S. Applications Center of Excellence Focused on Panel-Level PackagingJuly 6, 2023 | finance.yahoo.comOnto Innovation to Report Second Quarter 2023 Financial Results on August 10, 2023July 6, 2023 | msn.comOnto Innovation (ONTO) Price Target Increased by 14.53% to 122.20See 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 ONTO Company Calendar Last Earnings8/10/2023Today9/22/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Measuring & controlling devices, not elsewhere classified Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNYSE:ONTO CUSIP63007710 CIK704532 Webwww.ontoinnovation.com Phone(978) 253-6200Fax408-232-5910Employees1,636Year FoundedN/APrice Target and Rating Average Stock Price Forecast$118.33 High Stock Price Forecast$140.00 Low Stock Price Forecast$92.00 Forecasted Upside/Downside-4.0%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.51 Trailing P/E Ratio35.12 Forward P/E Ratio33.86 P/E GrowthN/ANet Income$223.33 million Net Margins19.32% Pretax Margin20.67% Return on Equity14.20% Return on Assets12.70% Debt Debt-to-Equity RatioN/A Current Ratio8.64 Quick Ratio6.07 Sales & Book Value Annual Sales$1.01 billion Price / Sales6.02 Cash Flow$6.88 per share Price / Cash Flow17.92 Book Value$32.24 per share Price / Book3.82Miscellaneous Outstanding Shares49,100,000Free Float48,702,000Market Cap$6.05 billion OptionableOptionable Beta1.36 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Michael P. Plisinski (Age 53)CEO & Director Comp: $1.34MMr. Mark R. Slicer (Age 51)Sr. VP & CFO Comp: $671.18kMs. Yoon Ah E. Oh (Age 41)VP, Gen. Counsel & Company Sec. Comp: $575.07kMr. Robert Fiordalice (Age 61)Sr. VP & GM of Metrology Bus. Unit Comp: $518.66kMr. Ramil Yaldaei (Age 59)Chief Operating Officer Mr. Michael SheafferSr. Director of Investor Relations & ESG ReportingDr. Michel RosaChief Marketing Officer & Sr. VP of StrategyDr. Ju Jin Ph.D. (Age 57)Sr. VP & GM of Inspection Bus. Unit Dr. Srinivas Vedula Ph.D. (Age 50)Sr. VP of Customer Success Group More ExecutivesKey CompetitorsTrimbleNASDAQ:TRMBRambusNASDAQ:RMBSNew RelicNYSE:NEWRWatts Water TechnologiesNYSE:WTSParsonsNYSE:PSNView All CompetitorsInsiders & InstitutionsMark SlicerSold 3,005 sharesTotal: $376,045.70 ($125.14/share)Robert FiordaliceSold 7,049 sharesTotal: $882,464.31 ($125.19/share)Srinivas VedulaSold 1,469 sharesTotal: $201,253.00 ($137.00/share)Portside Wealth Group LLCBought 7,632 shares on 9/1/2023Ownership: 0.016%Asset Dedication LLCSold 100 shares on 8/22/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions ONTO Stock - 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 forecast for 2023? 6 equities research analysts have issued 12 month target prices for Onto Innovation's stock. Their ONTO share price forecasts range from $92.00 to $140.00. On average, they predict the company's share price to reach $118.33 in the next year. This suggests that the stock has a possible downside of 4.0%. View analysts price targets for ONTO or view top-rated stocks among Wall Street analysts. How have ONTO shares performed in 2023? Onto Innovation's stock was trading at $68.09 on January 1st, 2023. Since then, ONTO stock has increased by 81.0% and is now trading at $123.26. View the best growth stocks for 2023 here. Are investors shorting Onto Innovation? Onto Innovation saw a increase in short interest during the month of August. As of August 15th, there was short interest totaling 1,320,000 shares, an increase of 28.2% from the July 31st total of 1,030,000 shares. Based on an average daily volume of 354,300 shares, the days-to-cover ratio is currently 3.7 days. Currently, 2.7% of the company's stock 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, October 26th 2023. 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, August, 10th. The semiconductor company reported $0.79 earnings per share for the quarter, missing analysts' consensus estimates of $0.83 by $0.04. The semiconductor company had revenue of $190.66 million for the quarter, compared to the consensus estimate of $203 million. Onto Innovation had a trailing twelve-month return on equity of 14.20% and a net margin of 19.32%. The firm's revenue for the quarter was down 25.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.28 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 ProShares Nanotechnology ETF (TINY), Invesco S&P SmallCap Information Technology ETF (PSCT), Invesco Semiconductors ETF (PSI), Invesco Dorsey Wright Technology Momentum ETF (PTF), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Defiance Quantum ETF (QTUM), SPDR FactSet Innovative Technology ETF (XITK) and Vanguard S&P Small-Cap 600 Growth ETF (VIOG). What guidance has Onto Innovation issued on next quarter's earnings? Onto Innovation issued an update on its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of $0.85-$1.05 for the period, compared to the consensus EPS estimate of $0.97. The company issued revenue guidance of $205.00 million-$225.00 million, compared to the consensus revenue estimate of $203.80 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). What is Onto Innovation's stock symbol? Onto Innovation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ONTO." Who are Onto Innovation's major shareholders? Onto Innovation's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (16.01%), State Street Corp (3.44%), Dimensional Fund Advisors LP (2.94%), Franklin Resources Inc. (2.90%), Geneva Capital Management LLC (2.53%) and Alliancebernstein L.P. (2.41%). 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 Alan Koch, Robert Fiordalice, Srinivas Vedula, Steven R Roth and Steven R Roth. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Onto Innovation's stock price today? One share of ONTO stock can currently be purchased for approximately $123.26. How much money does Onto Innovation make? Onto Innovation (NYSE:ONTO) has a market capitalization of $6.05 billion and generates $1.01 billion in revenue each year. The semiconductor company earns $223.33 million in net income (profit) each year or $3.51 on an earnings per share basis. How many employees does Onto Innovation have? The company employs 1,636 workers across the globe. How can I contact Onto Innovation? Onto Innovation's mailing address is 16 JONSPIN ROAD, WILMINGTON MA, 01887. The official website for the company 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. This page (NYSE:ONTO) was last updated on 9/23/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Onto Innovation Inc. 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