A share price of Onto Innovation Inc [ONTO] is currently trading at $199.20, down -2.72%. An important factor to consider is whether the stock is rising or falling in short-term value. The ONTO shares have gain 8.69% over the last week, with a monthly amount glided 19.52%, 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.
Onto Innovation Inc experienced fluctuations in its stock price throughout the past year between $145.15 and $238.93. 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 $199.20 at the most recent close of the market. An investor can expect a potential return of 26.76% based on the average ONTO price forecast.
Analyzing the ONTO fundamentals
Trailing Twelve Months sales for Onto Innovation Inc [NYSE:ONTO] were 942.24M which represents 21.73% growth. 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 195.06 points at the first support level, and at 190.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 203.20, and for the 2nd resistance point, it is at 207.21.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Onto Innovation Inc [NYSE:ONTO] is 10.07. On the other hand, the Quick Ratio is 7.94, and the Cash Ratio is 1.3. Considering the valuation of this stock, the price to sales ratio is 10.44, the price to book ratio is 5.17 and price to earnings (TTM) ratio is 54.00.
Transactions by insiders
Recent insider trading involved Plisinski Michael P, CEO, that happened on Jan 21 ’25 when 35000.0 shares were sold. CEO, Plisinski Michael P completed a deal on Jan 16 ’25 to sell 30000.0 shares. Meanwhile, Officer Plisinski Michael P bought 35000.0 shares on Jan 21 ’25.
