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GOOGL   154.02 (-1.28%)
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NVDA   771.94 (-8.83%)
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BABA   69.00 (+0.17%)
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GE   148.36 (-2.99%)
CGC   7.99 (+2.04%)
DIS   112.20 (-0.20%)
AMC   3.19 (+9.25%)
PFE   25.97 (+2.28%)
PYPL   61.99 (-0.18%)
XOM   119.75 (+1.04%)
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DOW   37,949.95 (+0.46%)
QQQ   414.51 (-2.10%)
AAPL   165.14 (-1.14%)
MSFT   399.39 (-1.21%)
META   481.55 (-4.04%)
GOOGL   154.02 (-1.28%)
AMZN   174.44 (-2.67%)
TSLA   147.17 (-1.84%)
NVDA   771.94 (-8.83%)
AMD   146.41 (-5.59%)
NIO   3.81 (-4.75%)
BABA   69.00 (+0.17%)
T   16.45 (+0.73%)
F   12.10 (+0.33%)
MU   106.73 (-4.65%)
GE   148.36 (-2.99%)
CGC   7.99 (+2.04%)
DIS   112.20 (-0.20%)
AMC   3.19 (+9.25%)
PFE   25.97 (+2.28%)
PYPL   61.99 (-0.18%)
XOM   119.75 (+1.04%)
S&P 500   4,962.34 (-0.97%)
DOW   37,949.95 (+0.46%)
QQQ   414.51 (-2.10%)
AAPL   165.14 (-1.14%)
MSFT   399.39 (-1.21%)
META   481.55 (-4.04%)
GOOGL   154.02 (-1.28%)
AMZN   174.44 (-2.67%)
TSLA   147.17 (-1.84%)
NVDA   771.94 (-8.83%)
AMD   146.41 (-5.59%)
NIO   3.81 (-4.75%)
BABA   69.00 (+0.17%)
T   16.45 (+0.73%)
F   12.10 (+0.33%)
MU   106.73 (-4.65%)
GE   148.36 (-2.99%)
CGC   7.99 (+2.04%)
DIS   112.20 (-0.20%)
AMC   3.19 (+9.25%)
PFE   25.97 (+2.28%)
PYPL   61.99 (-0.18%)
XOM   119.75 (+1.04%)

Onto Innovation (ONTO) Competitors

$168.62
-9.01 (-5.07%)
(As of 03:27 PM ET)

ONTO vs. TRMB, OTEX, U, DAY, MNDY, GWRE, WWD, PCTY, TOST, and ZG

Should you be buying Onto Innovation stock or one of its competitors? The main competitors of Onto Innovation include Trimble (TRMB), Open Text (OTEX), Unity Software (U), Dayforce (DAY), monday.com (MNDY), Guidewire Software (GWRE), Woodward (WWD), Paylocity (PCTY), Toast (TOST), and Zillow Group (ZG). These companies are all part of the "computer and technology" sector.

Onto Innovation vs.

Trimble (NASDAQ:TRMB) and Onto Innovation (NYSE:ONTO) are both computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, media sentiment, community ranking, risk, profitability, valuation and earnings.

93.2% of Trimble shares are held by institutional investors. Comparatively, 98.3% of Onto Innovation shares are held by institutional investors. 0.6% of Trimble shares are held by insiders. Comparatively, 0.7% of Onto Innovation shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Trimble presently has a consensus target price of $64.83, indicating a potential upside of 11.69%. Onto Innovation has a consensus target price of $191.60, indicating a potential upside of 13.50%. Given Trimble's higher possible upside, analysts plainly believe Onto Innovation is more favorable than Trimble.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Trimble
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Onto Innovation
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

Trimble has a beta of 1.5, indicating that its stock price is 50% more volatile than the S&P 500. Comparatively, Onto Innovation has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500.

In the previous week, Trimble had 7 more articles in the media than Onto Innovation. MarketBeat recorded 18 mentions for Trimble and 11 mentions for Onto Innovation. Trimble's average media sentiment score of 1.16 beat Onto Innovation's score of 0.62 indicating that Onto Innovation is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Trimble
9 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Onto Innovation
7 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Trimble has higher revenue and earnings than Onto Innovation. Trimble is trading at a lower price-to-earnings ratio than Onto Innovation, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Trimble$3.80B3.72$311.30M$1.2546.29
Onto Innovation$815.87M10.15$121.16M$2.4668.54

Onto Innovation has a net margin of 14.85% compared to Onto Innovation's net margin of 8.19%. Onto Innovation's return on equity of 12.59% beat Trimble's return on equity.

Company Net Margins Return on Equity Return on Assets
Trimble8.19% 12.59% 6.02%
Onto Innovation 14.85%10.95%9.94%

Trimble received 176 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.32% of users gave Trimble an outperform vote while only 67.02% of users gave Onto Innovation an outperform vote.

CompanyUnderperformOutperform
TrimbleOutperform Votes
552
68.32%
Underperform Votes
256
31.68%
Onto InnovationOutperform Votes
376
67.02%
Underperform Votes
185
32.98%

Summary

Onto Innovation beats Trimble on 9 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ONTO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ONTO vs. The Competition

MetricOnto InnovationMeasuring & controlling devices IndustryComputer SectorNYSE Exchange
Market Cap$8.28B$20.33B$18.71B$17.21B
Dividend YieldN/A3.42%2.75%3.62%
P/E Ratio68.5419.07238.9722.77
Price / Sales10.1520.06528.7310.38
Price / Cash35.5714.3027.6017.09
Price / Book4.773.626.254.83
Net Income$121.16M$577.59M$630.70M$969.88M
7 Day Performance-8.41%-4.25%-3.36%-2.07%
1 Month Performance-4.04%-10.16%-4.46%-2.83%
1 Year Performance111.81%15.53%13.27%77.75%

Onto Innovation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRMB
Trimble
4.4297 of 5 stars
$58.92
-0.8%
$64.83
+10.0%
+19.9%$14.48B$3.80B47.1412,700News Coverage
OTEX
Open Text
4.9038 of 5 stars
$34.47
-0.7%
$46.25
+34.2%
-10.3%$9.40B$4.48B73.3424,100
U
Unity Software
3.2199 of 5 stars
$23.94
-2.0%
$37.03
+54.7%
-20.3%$9.24B$2.19B-11.086,748
DAY
Dayforce
2.2653 of 5 stars
$58.60
-1.8%
$77.00
+31.4%
N/A$9.12B$1.51B167.439,084
MNDY
monday.com
3.4248 of 5 stars
$187.92
+2.0%
$238.33
+26.8%
+39.8%$9.07B$729.70M-2,684.191,168
GWRE
Guidewire Software
2.2264 of 5 stars
$109.29
flat
$115.11
+5.3%
+37.0%$9.00B$905.34M-176.273,415Insider Selling
Options Volume
WWD
Woodward
3.7529 of 5 stars
$148.89
+2.3%
$158.22
+6.3%
+53.7%$8.98B$2.91B31.418,800Analyst Report
PCTY
Paylocity
4.8405 of 5 stars
$159.00
-3.0%
$205.13
+29.0%
-20.4%$8.96B$1.17B53.726,100Positive News
TOST
Toast
2.0552 of 5 stars
$22.43
-0.3%
$24.32
+8.4%
+26.3%$9.80B$3.87B-43.985,500Insider Selling
ZG
Zillow Group
4.5972 of 5 stars
$42.70
+0.7%
$58.79
+37.7%
-7.5%$9.97B$1.95B-62.796,263

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This page (NYSE:ONTO) was last updated on 4/19/2024 by MarketBeat.com Staff

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