At the time of writing, Onto Innovation Inc [ONTO] stock is trading at $134.67, up 0.51%. 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 0.31% over the last week, with a monthly amount drifted -23.47%, and not 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.
For the past year, the stock price of Onto Innovation Inc fluctuated between $121.47 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 $134.67 at the most recent close of the market. An investor can expect a potential return of 87.5% based on the average ONTO price forecast.
Analyzing the ONTO fundamentals
According to Onto Innovation Inc [NYSE:ONTO], the company’s sales were 987.32M for trailing twelve months, which represents an 20.60% jump. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.11 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 131.79 points at the first support level, and at 128.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 136.42, and for the 2nd resistance point, it is at 138.16.
Ratios To Look Out For
It is important to note that Onto Innovation Inc [NYSE:ONTO] has a current ratio of 8.69. As well, the Quick Ratio is 7.00, while the Cash Ratio is 1.25. Considering the valuation of this stock, the price to sales ratio is 6.72, the price to book ratio is 3.44 and price to earnings (TTM) ratio is 33.16.
Transactions by insiders
Recent insider trading involved Vedula Srinivas, SVP, Customer Success, that happened on Feb 13 ’25 when 238.0 shares were sold. Officer, SRINIVAS VEDULA completed a deal on Feb 13 ’25 to buy 238.0 shares. Meanwhile, CEO Plisinski Michael P sold 35000.0 shares on Jan 21 ’25.
