Onto Innovation Inc [ONTO] stock prices are up 1.68% to $216.59 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ONTO shares have gain 14.23% over the last week, with a monthly amount glided 27.00%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Onto Innovation Inc [NYSE: ONTO] stock has seen the most recent analyst activity on January 13, 2025, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $250. Previously, Oppenheimer started tracking the stock with Outperform rating on September 25, 2024, and set its price target to $260. On August 19, 2024, upgrade upgraded it’s rating to Buy. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $265 on May 13, 2024. B. Riley Securities reiterated its recommendation of a Buy and raised its price target to $250 on May 10, 2024. Evercore ISI started tracking with a Outperform rating for this stock on April 16, 2024, and assigned it a price target of $235. In a note dated June 14, 2023, Needham downgraded an Hold rating on this stock.
The stock price of Onto Innovation Inc [ONTO] has been fluctuating between $141.79 and $238.93 over the past year. Currently, Wall Street analysts expect the stock to reach $252.5 within the next 12 months. Onto Innovation Inc [NYSE: ONTO] shares were valued at $216.59 at the most recent close of the market. An investor can expect a potential return of 16.58% based on the average ONTO price forecast.
Analyzing the ONTO fundamentals
The Onto Innovation Inc [NYSE:ONTO] reported sales of 942.24M for trailing twelve months, representing a surge of 21.73%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.1 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 213.60 points at the first support level, and at 210.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 218.38, and for the 2nd resistance point, it is at 220.16.
Ratios To Look Out For
It’s worth pointing out that Onto Innovation Inc [NYSE:ONTO]’s Current Ratio is 10.07. As well, the Quick Ratio is 7.94, while the Cash Ratio is 1.3. Considering the valuation of this stock, the price to sales ratio is 11.35, the price to book ratio is 5.62 and price to earnings (TTM) ratio is 58.71.
Transactions by insiders
Recent insider trading involved Plisinski Michael P, Officer, that happened on Jan 16 ’25 when 30000.0 shares were purchased. SVP, Customer Success, Vedula Srinivas completed a deal on Jan 15 ’25 to sell 827.0 shares. Meanwhile, CEO Plisinski Michael P sold 20000.0 shares on Jan 14 ’25.
