On Friday, Onto Innovation Inc (NYSE: ONTO) opened lower -11.21% from the last session, before settling in for the closing price of $198.33. Price fluctuations for ONTO have ranged from $109.72 to $238.93 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 28.80%. Company’s average yearly earnings per share was noted 40.38% at the time writing. With a float of $48.98 million, this company’s outstanding shares have now reached $49.09 million.
Let’s determine the extent of company efficiency that accounts for 1497 employees. In terms of profitability, gross margin is 49.47%, operating margin of 20.17%, and the pretax margin is 21.54%.
Onto Innovation Inc (ONTO) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Semiconductor Equipment & Materials industry is another important factor to consider. The insider ownership of Onto Innovation Inc is 0.83%, while institutional ownership is 97.64%. The most recent insider transaction that took place on Sep 03 ’24, was worth 264,231. In this transaction SVP, Customer Success of this company sold 1,275 shares at a rate of $207.24, taking the stock ownership to the 16,050 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Officer proposed sale 1,275 for $207.24, making the entire transaction worth $264,231.
Onto Innovation Inc (ONTO) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.06 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.01) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.52 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 40.38% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to 7.12% growth over the previous five years of trading.
Onto Innovation Inc (NYSE: ONTO) Trading Performance Indicators
Check out the current performance indicators for Onto Innovation Inc (ONTO). In the past quarter, the stock posted a quick ratio of 7.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.20. Likewise, its price to free cash flow for the trailing twelve months is 34.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.69, a number that is poised to hit 1.41 in the next quarter and is forecasted to reach 6.70 in one year’s time.
Technical Analysis of Onto Innovation Inc (ONTO)
Looking closely at Onto Innovation Inc (NYSE: ONTO), its last 5-days average volume was 0.89 million, which is a jump from its year-to-date volume of 0.57 million. As of the previous 9 days, the stock’s Stochastic %D was 23.96%. Additionally, its Average True Range was 10.08.
During the past 100 days, Onto Innovation Inc’s (ONTO) raw stochastic average was set at 33.01%, which indicates a significant increase from 3.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.35% in the past 14 days, which was higher than the 66.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $202.46, while its 200-day Moving Average is $197.39. However, in the short run, Onto Innovation Inc’s stock first resistance to watch stands at $187.94. Second resistance stands at $199.77. The third major resistance level sits at $206.49. If the price goes on to break the first support level at $169.39, it is likely to go to the next support level at $162.67. Now, if the price goes above the second support level, the third support stands at $150.84.
Onto Innovation Inc (NYSE: ONTO) Key Stats
There are currently 49,384K shares outstanding in the company with a market cap of 7.72 billion. Presently, the company’s annual sales total 815,870 K according to its annual income of 121,160 K. Last quarter, the company’s sales amounted to 242,330 K and its income totaled 52,950 K.
