Positive News SentimentPositive News Onto Innovation Stock Price, News & Analysis (NYSE:ONTO) $137.62 -0.05 (-0.04%) (As of 11:56 AM ET) Add Compare Share Share Today's Range$135.67▼$138.6350-Day Range$111.15▼$142.9952-Week Range$65.61▼$147.71Volume78,130 shsAverage Volume369,853 shsMarket Capitalization$6.75 billionP/E Ratio43.14Dividend YieldN/APrice Target$124.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Onto Innovation MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside10.0% Downside$124.17 Price TargetShort InterestHealthy3.35% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.53Based on 4 Articles This WeekInsider TradingSelling Shares$1.26 M Sold Last QuarterProj. Earnings Growth23.69%From $3.63 to $4.49 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.2.40 out of 5 starsComputer And Technology Sector177th out of 591 stocksMeasuring & Controlling Devices, Not Elsewhere Classified Industry2nd out of 9 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 $124.17, Onto Innovation has a forecasted downside of 10.0% from its current price of $137.97.Amount of Analyst CoverageOnto Innovation has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.35% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Onto Innovation has recently decreased by 6.32%, indicating that investor sentiment is improving 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 1.53. 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 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Onto Innovation this week, compared to 3 articles on an average week.Search Interest8 people have searched for ONTO on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Onto Innovation to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 $1,258,510.00 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 23.69% in the coming year, from $3.63 to $4.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Onto Innovation is 43.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Onto Innovation is 43.25, 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 249.46.Price to Book Value per Share RatioOnto Innovation has a P/B Ratio of 4.28. 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 Stock (NYSE:ONTO)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 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ONTO Stock News HeadlinesDecember 1, 2023 | americanbankingnews.comOnto Innovation Inc. (NYSE:ONTO) Given Average Recommendation of "Moderate Buy" by BrokeragesNovember 29, 2023 | americanbankingnews.comOnto Innovation (NYSE:ONTO) & REC Silicon ASA (OTCMKTS:RNWEF) Head to Head SurveyDecember 7, 2023 | Edge On The Street (Ad)An Unusual Way to Invest in GoldMost financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines. November 11, 2023 | markets.businessinsider.comOnto Innovation’s Growth Prospects: Advanced Packaging Strength and AI Adoption Offset by Weaker Node OrdersNovember 10, 2023 | msn.comOnto Innovation (ONTO) Q3 Earnings Beat, Revenues Fall Y/YNovember 9, 2023 | msn.comOnto Innovation Non-GAAP EPS of $0.96 beats by $0.01, revenue of $207M misses by $8.2MNovember 9, 2023 | finance.yahoo.comOnto Innovation Reports 2023 Third Quarter ResultsNovember 8, 2023 | msn.comOnto Innovation Q3 2023 Earnings PreviewDecember 7, 2023 | Edge On The Street (Ad)An Unusual Way to Invest in GoldMost financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines. November 7, 2023 | seekingalpha.comOnto Innovation: A Weak Risk-To-RewardOctober 31, 2023 | msn.comOnto Innovation (ONTO) Price Target Increased by 6.03% to 156.83October 31, 2023 | msn.comCobots accelerate packaging innovationOctober 12, 2023 | finance.yahoo.comOnto Innovation (ONTO)'s True Worth: Is It Overpriced? An In-Depth ExplorationOctober 12, 2023 | finance.yahoo.comThe Returns On Capital At Onto Innovation (NYSE:ONTO) Don't Inspire ConfidenceOctober 10, 2023 | finance.yahoo.comOnto Innovation to Report Third Quarter 2023 Financial Results on November 9, 2023October 6, 2023 | uk.finance.yahoo.comOnto Innovation Inc. (ONTO)September 25, 2023 | finance.yahoo.comOnto Innovation (ONTO) Rose 32% in Q2 on Strong Results Coupled with Higher Forward GuidanceSeptember 19, 2023 | finance.yahoo.comInsider Sell: CFO Mark Slicer Sells 3,005 Shares of Onto Innovation IncSeptember 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 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 AISee 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 Earnings11/09/2023Today12/07/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/08/2024Get 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 Target$124.17 High Stock Price Target$150.00 Low Stock Price Target$92.00 Potential Upside/Downside-9.9%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.19 Trailing P/E Ratio43.19 Forward P/E Ratio37.95 P/E GrowthN/ANet Income$223.33 million Net Margins18.47% Pretax Margin19.32% Return on Equity12.71% Return on Assets11.48% Debt Debt-to-Equity RatioN/A Current Ratio9.00 Quick Ratio6.45 Sales & Book Value Annual Sales$850.28 million Price / Sales7.95 Cash Flow$6.69 per share Price / Cash Flow20.58 Book Value$32.24 per share Price / Book4.27Miscellaneous Outstanding Shares49,081,000Free Float48,683,000Market Cap$6.76 billion OptionableOptionable Beta1.41 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Michael P. Plisinski (Age 53)CEO & Director Comp: $1.34MMr. Mark R. Slicer (Age 51)Senior VP & CFO Comp: $671.18kMs. Yoon Ah E. Oh (Age 41)VP, General Counsel & Company Secretary Comp: $575.07kMr. Robert Fiordalice (Age 61)Senior VP & GM of Metrology Business Unit Comp: $518.66kMr. Ramil Yaldaei (Age 59)Chief Operating Officer Mr. Michael SheafferSenior Director of Investor Relations & ESG ReportingDr. Michel RosaChief Marketing Officer & Senior VP of StrategyDr. Ju Jin Ph.D. (Age 57)Senior VP & GM of Inspection Business Unit Dr. Srinivas Vedula Ph.D. (Age 50)Senior Vice President of Customer Success Group More ExecutivesKey CompetitorsTrimbleNASDAQ:TRMBYandexNASDAQ:YNDXThe Descartes Systems GroupNASDAQ:DSGXAmkor TechnologyNASDAQ:AMKRQualysNASDAQ:QLYSView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 10,591 shares on 12/6/2023Ownership: 0.067%Wellington Management Group LLPSold 125,654 shares on 12/1/2023Ownership: 1.523%B. Riley Wealth Advisors Inc.Bought 3,817 shares on 12/1/2023Ownership: 0.008%American Century Companies Inc.Bought 42,788 shares on 11/30/2023Ownership: 0.946%IMA Wealth Inc.Sold 471 shares on 11/28/2023Ownership: 0.056%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 year. 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 12-month price objectives for Onto Innovation's stock. Their ONTO share price targets range from $92.00 to $150.00. On average, they predict the company's share price to reach $124.17 in the next year. This suggests that the stock has a possible downside of 10.0%. 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 at the start of the year. Since then, ONTO shares have increased by 102.6% and is now trading at $137.97. 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 Thursday, February 8th 2024. View our ONTO earnings forecast. How were Onto Innovation's earnings last quarter? Onto Innovation Inc. (NYSE:ONTO) announced its quarterly earnings data on Thursday, November, 9th. The semiconductor company reported $0.96 earnings per share for the quarter, beating analysts' consensus estimates of $0.95 by $0.01. The semiconductor company had revenue of $207.19 million for the quarter, compared to analyst estimates of $215.20 million. Onto Innovation had a net margin of 18.47% and a trailing twelve-month return on equity of 12.71%. The business's revenue was down 18.5% on a year-over-year basis. During the same period last year, the company earned $1.35 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 updated its fourth quarter earnings guidance on Thursday, November, 9th. The company provided EPS guidance of $0.90 to $1.10 for the period, compared to the consensus EPS estimate of $1.01. The company issued revenue guidance of $200 million to $216 million, compared to the consensus revenue estimate of $215.22 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 many different institutional and retail investors. Top institutional shareholders include Paradigm Capital Management Inc. NY (2.41%), Invesco Ltd. (2.19%), FMR LLC (2.05%), Wellington Management Group LLP (1.52%), Northern Trust Corp (1.24%) and Charles Schwab Investment Management Inc. (1.22%). 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. This page (NYSE:ONTO) was last updated on 12/7/2023 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. 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