NYSE:ONTO Onto Innovation (ONTO) Stock Forecast, Price & News $110.10 -2.12 (-1.89%) (As of 04:33 PM ET) Add Compare Share Share Today's Range$109.51▼$113.8750-Day Range$78.50▼$112.2252-Week Range$56.02▼$113.87Volume280,217 shsAverage Volume240,897 shsMarket Capitalization$5.38 billionP/E Ratio27.46Dividend YieldN/APrice Target$109.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Onto Innovation MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside0.6% Downside$109.50 Price TargetShort InterestBearish2.52% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.68Based on 9 Articles This WeekInsider TradingSelling Shares$860,680 Sold Last QuarterProj. Earnings Growth19.28%From $3.63 to $4.33 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.2.11 out of 5 starsComputer And Technology Sector333rd out of 600 stocksMeasuring & Controlling Devices, Not Elsewhere Classified Industry5th out of 8 stocks 1.5 Analyst's Opinion Consensus RatingOnto Innovation has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $109.50, Onto Innovation has a forecasted downside of 0.6% from its current price of $110.14.Amount of Analyst CoverageOnto Innovation has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.52% 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 5.2.Change versus previous monthShort interest in Onto Innovation has recently increased by 8.93%, 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 3.7 News and Social Media Coverage News SentimentOnto Innovation has a news sentiment score of 0.68. 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 0.51 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 3 articles on an average week.Search Interest13 people have searched for ONTO on MarketBeat in the last 30 days. This is an increase of 117% compared to the previous 30 days.MarketBeat Follows5 people have added Onto Innovation to their MarketBeat watchlist in the last 30 days. This is an increase of 25% 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 $860,680.00 in company stock.Percentage Held by InsidersOnly 0.81% of the stock of Onto Innovation is held by insiders.Percentage Held by Institutions93.59% 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 19.28% in the coming year, from $3.63 to $4.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Onto Innovation is 27.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Onto Innovation is 27.47, 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 322.49.Price to Book Value per Share RatioOnto Innovation has a P/B Ratio of 3.42. 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 designing, developing and manufacturing 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.Read More 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 Stock News HeadlinesJune 7, 2023 | benzinga.comSVP & GM of Onto Innovation Sold $132K In StockJune 7, 2023 | americanbankingnews.comOnto Innovation Inc. (NYSE:ONTO) SVP Ju Jin Sells 1,232 Shares of StockJune 9, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.June 7, 2023 | americanbankingnews.comJefferies Financial Group Boosts Onto Innovation (NYSE:ONTO) Price Target to $123.00June 5, 2023 | msn.comJefferies Maintains Onto Innovation (ONTO) Buy RecommendationJune 2, 2023 | markets.businessinsider.comWhat 4 Analyst Ratings Have To Say About Onto InnovationJune 2, 2023 | americanbankingnews.comBenchmark Increases Onto Innovation (NYSE:ONTO) Price Target to $118.00June 1, 2023 | americanbankingnews.comRobert Fiordalice Sells 846 Shares of Onto Innovation Inc. (NYSE:ONTO) StockJune 9, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 30, 2023 | msn.comStifel Maintains Onto Innovation (ONTO) Buy RecommendationMay 30, 2023 | americanbankingnews.comStifel Nicolaus Raises Onto Innovation (NYSE:ONTO) Price Target to $124.00May 22, 2023 | finance.yahoo.comThe 7.5% return this week takes Onto Innovation's (NYSE:ONTO) shareholders three-year gains to 216%May 20, 2023 | americanbankingnews.comRobert Fiordalice Sells 768 Shares of Onto Innovation Inc. (NYSE:ONTO) StockMay 19, 2023 | americanbankingnews.comRobert Fiordalice Sells 669 Shares of Onto Innovation Inc. (NYSE:ONTO) StockMay 18, 2023 | americanbankingnews.comOnto Innovation Inc. (NYSE:ONTO) Receives $96.80 Average PT from BrokeragesMay 17, 2023 | americanbankingnews.comOnto Innovation (NYSE:ONTO) Hits New 12-Month High at $90.45May 11, 2023 | finance.yahoo.comOnto Innovation to Host Analyst Event and Participate in Upcoming Investor EventsMay 11, 2023 | fool.comOnto Innovation (NYSE: ONTO)May 10, 2023 | wsj.comOnto Innovation Inc.May 9, 2023 | americanbankingnews.comOnto Innovation Inc. Forecasted to Earn Q2 2023 Earnings of $0.82 Per Share (NYSE:ONTO)May 8, 2023 | americanbankingnews.comStockNews.com Downgrades Onto Innovation (NYSE:ONTO) to HoldMay 6, 2023 | msn.comBenchmark Maintains Onto Innovation (ONTO) Buy RecommendationMay 5, 2023 | finance.yahoo.comOnto (ONTO) Q1 Earnings Top Estimates, Revenues Fall Y/YMay 5, 2023 | finance.yahoo.comOnto Innovation (NYSE:ONTO) Hasn't Managed To Accelerate Its ReturnsMay 4, 2023 | finance.yahoo.comOnto Innovation (ONTO) Q1 Earnings Beat EstimatesMay 4, 2023 | msn.comOnto Innovation Non-GAAP EPS of $0.92 beats by $0.03, revenue of $199M misses by $1MMay 4, 2023 | finance.yahoo.comOnto Innovation Reports 2023 First Quarter ResultsSee More Headlines ONTO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ONTO Company Calendar Last Earnings5/04/2023Today6/09/2023Next Earnings (Estimated)8/08/2023Fiscal 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$109.50 High Stock Price Forecast$124.00 Low Stock Price Forecast$92.00 Forecasted Upside/Downside-3.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$4.01 Trailing P/E Ratio28.18 Forward P/E Ratio31.13 P/E GrowthN/ANet Income$223.33 million Net Margins20.67% Pretax Margin22.31% Return on Equity16.09% Return on Assets14.22% Debt Debt-to-Equity RatioN/A Current Ratio7.78 Quick Ratio5.50 Sales & Book Value Annual Sales$1.01 billion Price / Sales5.50 Cash Flow$6.95 per share Price / Cash Flow16.25 Book Value$32.24 per share Price / Book3.50Miscellaneous Outstanding Shares48,900,000Free Float48,504,000Market Cap$5.53 billion OptionableOptionable Beta1.40 Key ExecutivesMichael P. PlisinskiChief Executive Officer & Non-Independent DirectorRamil YaldaeiChief Operating OfficerMark Robert SlicerChief Financial Officer & Senior Vice PresidentYoon Ah OhSecretary, Vice President & General CounselMichel RosaChief Marketing Officer & Senior VP-StrategyKey CompetitorsTrimbleNASDAQ:TRMBIPG PhotonicsNASDAQ:IPGPFive9NASDAQ:FIVNPower IntegrationsNASDAQ:POWIAxcelis TechnologiesNASDAQ:ACLSView All CompetitorsInsiders & InstitutionsJu JinSold 1,232 sharesTotal: $132,711.04 ($107.72/share)Macquarie Group Ltd.Bought 41,503 shares on 6/1/2023Ownership: 0.542%Robert FiordaliceSold 846 sharesTotal: $92,552.40 ($109.40/share)ProShare Advisors LLCBought 773 shares on 5/26/2023Ownership: 0.018%David Brian MillerSold 5,000 sharesTotal: $498,450.00 ($99.69/share)View All Insider TransactionsView All Institutional Transactions ONTO Stock - Frequently Asked Questions Should I buy or sell Onto Innovation stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Onto Innovation in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ONTO shares. View ONTO analyst ratings or view top-rated stocks. What is Onto Innovation's stock price forecast for 2023? 5 Wall Street research analysts have issued 12 month price objectives for Onto Innovation's shares. Their ONTO share price forecasts range from $92.00 to $124.00. On average, they expect the company's share price to reach $109.50 in the next year. This suggests that the stock has a possible downside of 3.1%. 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 at the start of the year. Since then, ONTO shares have increased by 65.9% and is now trading at $112.99. View the best growth stocks for 2023 here. When is Onto Innovation's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our ONTO earnings forecast. How were Onto Innovation's earnings last quarter? Onto Innovation Inc. (NYSE:ONTO) announced its earnings results on Thursday, May, 4th. The semiconductor company reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.04. The semiconductor company had revenue of $199.17 million for the quarter, compared to analysts' expectations of $200 million. Onto Innovation had a net margin of 20.67% and a trailing twelve-month return on equity of 16.09%. Onto Innovation's quarterly revenue was down 17.5% on a year-over-year basis. During the same period last year, the business posted $1.31 EPS. 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), Janus Henderson Small Cap Growth Alpha ETF (JSML), Invesco DWA Technology Momentum ETF (PTF), Defiance Quantum ETF (QTUM), SPDR FactSet Innovative Technology ETF (XITK), Vanguard S&P Small-Cap 600 Growth ETF (VIOG) and Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD). What guidance has Onto Innovation issued on next quarter's earnings? Onto Innovation updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of $0.75-$0.90 for the period, compared to the consensus estimate of $0.92. The company issued revenue guidance of $194.88 million-$211.12 million, compared to the consensus revenue estimate of $204.80 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.21%), State Street Corp (3.45%), Franklin Resources Inc. (3.31%), Dimensional Fund Advisors LP (3.20%), Paradigm Capital Management Inc. NY (2.42%) and Fisher Asset Management LLC (2.21%). Insiders that own company stock include Bruce C Rhine, David Brian Miller, Ju Jin, Kevin Heidrich, 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 $112.99. How much money does Onto Innovation make? Onto Innovation (NYSE:ONTO) has a market capitalization of $5.53 billion and generates $1.01 billion in revenue each year. The semiconductor company earns $223.33 million in net income (profit) each year or $4.01 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 6/9/2023 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. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.