Onto Innovation Inc. (ONTO) is heading in the right direction with an average volume of $651.74K

Onto Innovation Inc. (NYSE: ONTO) open the trading on Wednesday, with a bit cautious approach as it glided -2.22% to $201.28, before settling in for the price of $205.86 at the close. Taking a more long-term approach, ONTO posted a 52-week range of $108.98-$238.93.

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The Technology sector firm’s twelve-monthly sales growth has been 28.80% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 7.12%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 40.05%. This publicly-traded company’s shares outstanding now amounts to $49.09 million, simultaneously with a float of $48.97 million. The organization now has a market capitalization sitting at $9.94 billion. At the time of writing, stock’s 50-day Moving Average stood at $203.70, while the 200-day Moving Average is $195.48.

Onto Innovation Inc. (ONTO) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Semiconductor Equipment & Materials industry. Onto Innovation Inc.’s current insider ownership accounts for 0.83%, in contrast to 97.30% institutional ownership. According to the most recent insider trade that took place on Sep 03 ’24, this organization’s SVP, Customer Success sold 1,275 shares at the rate of 207.24, making the entire transaction reach 264,231 in total value, affecting insider ownership by 16,050.

Onto Innovation Inc. (ONTO) Earnings and Revenue Records

Onto Innovation Inc.’s EPS increase for this current 12-month fiscal period is 40.05% and is forecasted to reach 6.74 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 30.00% through the next 5 years, which can be compared against the 7.12% growth it accomplished over the previous five years trading on the market.

Onto Innovation Inc. (NYSE: ONTO) Trading Performance Indicators

Let’s observe the current performance indicators for Onto Innovation Inc. (ONTO). It’s Quick Ratio in the last reported quarter now stands at 7.18. The Stock has managed to achieve an average true range (ATR) of 9.32. Alongside those numbers, its PE Ratio stands at $60.12, and its Beta score is 1.36. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 11.08. Similarly, its price to free cash flow for trailing twelve months is now 54.22.

In the same vein, ONTO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.35, a figure that is expected to reach 1.32 in the next quarter, and analysts are predicting that it will be 6.74 at the market close of one year from today.

Technical Analysis of Onto Innovation Inc. (ONTO)

[Onto Innovation Inc., ONTO] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 22.10% While, its Average True Range was 9.06.

Raw Stochastic average of Onto Innovation Inc. (ONTO) in the period of the previous 100 days is set at 59.85%, which indicates a major rise in contrast to 14.05% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 50.67% that was lower than 64.16% volatility it exhibited in the past 100-days period.