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pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
pixel
NYSE:ONTO

Onto Innovation - ONTO Stock Forecast, Price & News

$89.43
+1.18 (+1.34%)
(As of 08/5/2022 08:49 PM ET)
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Compare
Today's Range
$85.83
$89.69
50-Day Range
$61.19
$89.43
52-Week Range
$59.95
$106.09
Volume
373,600 shs
Average Volume
317,724 shs
Market Capitalization
$4.43 billion
P/E Ratio
25.92
Dividend Yield
N/A
Price Target
$110.00

Onto Innovation MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
23.0% Upside
$110.00 Price Target
Short Interest
Healthy
2.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
9.69%
From $5.16 to $5.66 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

Computer And Technology Sector

221st out of 832 stocks

Measuring & Controlling Devices, Not Elsewhere Classified Industry

5th out of 13 stocks

ONTO stock logo

About Onto Innovation (NYSE:ONTO) Stock

Onto 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 macro-defect inspection, packaging lithography, probe card test and analysis, 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; 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.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on ONTO shares. B. Riley reduced their price objective on shares of Onto Innovation from $115.00 to $105.00 and set a "buy" rating for the company in a research report on Wednesday, June 15th. Needham & Company LLC reduced their price target on shares of Onto Innovation from $115.00 to $100.00 in a research report on Wednesday, May 4th. Finally, DA Davidson reaffirmed a "buy" rating on shares of Onto Innovation in a report on Wednesday, July 27th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Onto Innovation has a consensus rating of "Buy" and a consensus price target of $110.00.

Onto Innovation Trading Up 1.3 %

Shares of NYSE:ONTO opened at $89.43 on Monday. Onto Innovation has a twelve month low of $59.95 and a twelve month high of $106.09. The stock has a 50 day moving average of $74.55 and a two-hundred day moving average of $78.64. The stock has a market cap of $4.43 billion, a P/E ratio of 25.92 and a beta of 1.33.

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ONTO Stock News Headlines

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Onto Innovation: Pros And Cons Of Going Long
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ONTO Company Calendar

Last Earnings
11/04/2021
Today
8/08/2022
Next Earnings (Confirmed)
8/09/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Measuring & controlling devices, not elsewhere classified
Sub-Industry
Semiconductor Equipment
CUSIP
63007710
Employees
1,411
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$110.00
High Stock Price Forecast
$125.00
Low Stock Price Forecast
$100.00
Forecasted Upside/Downside
+23.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$142.35 million
Pretax Margin
21.83%

Debt

Sales & Book Value

Annual Sales
$788.90 million
Cash Flow
$5.24 per share
Book Value
$28.94 per share

Miscellaneous

Free Float
49,161,000
Market Cap
$4.43 billion
Optionable
Optionable
Beta
1.33














ONTO Stock - Frequently Asked Questions

Should I buy or sell Onto Innovation stock right now?

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.
View analyst ratings for Onto Innovation
or view top-rated stocks.

What is Onto Innovation's stock price forecast for 2022?

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.
View analysts' price targets for Onto Innovation
or view top-rated stocks among Wall Street analysts.

How has Onto Innovation's stock performed in 2022?

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.
View the best growth stocks for 2022 here
.

When is Onto Innovation's next earnings date?

Onto Innovation is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022.
View our earnings forecast for Onto Innovation
.

How can I listen to Onto Innovation's earnings call?

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".

How were Onto Innovation's earnings last quarter?

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.

What guidance has Onto Innovation issued on next quarter's earnings?

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.

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 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.
View institutional ownership trends for Onto Innovation
.

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 $89.43.

How much money does Onto Innovation make?

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.

How many employees does Onto Innovation have?

Onto Innovation employs 1,411 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 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.

This page (NYSE:ONTO) was last updated on 8/8/2022 by MarketBeat.com Staff

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