On Friday, Onto Innovation Inc (NYSE: ONTO) opened lower -3.77% from the last session, before settling in for the closing price of $164.75. Price fluctuations for ONTO have ranged from $131.78 to $238.93 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 28.80% over the last five years. Company’s average yearly earnings per share was noted 40.38% at the time writing. With a float of $48.99 million, this company’s outstanding shares have now reached $49.09 million.
The firm has a total of 1497 workers. Let’s measure their productivity. 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) Insider Activity
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 96.84%. The most recent insider transaction that took place on Nov 15 ’24, was worth 176,451. Before that another transaction happened on Sep 03 ’24, when Company’s SVP, Customer Success sold 1,275 for $207.24, making the entire transaction worth $264,231. This insider now owns 16,050 shares in total.
Onto Innovation Inc (ONTO) Earnings and Forecasts
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 1.51 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 8.00. Likewise, its price to free cash flow for the trailing twelve months is 34.02.
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)
Analysing the last 5-days average volume posted by the [Onto Innovation Inc, ONTO], we can find that recorded value of 0.79 million was better than the volume posted last year of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 5.94%. Additionally, its Average True Range was 8.39.
During the past 100 days, Onto Innovation Inc’s (ONTO) raw stochastic average was set at 14.28%, which indicates a significant increase from 2.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.13% in the past 14 days, which was lower than the 67.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $196.75, while its 200-day Moving Average is $197.76. Now, the first resistance to watch is $161.28. This is followed by the second major resistance level at $164.02. The third major resistance level sits at $166.10. If the price goes on to break the first support level at $156.46, it is likely to go to the next support level at $154.38. Should the price break the second support level, the third support level stands at $151.64.
Onto Innovation Inc (NYSE: ONTO) Key Stats
There are currently 49,391K shares outstanding in the company with a market cap of 7.54 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 252,210 K and its income totaled 53,050 K.
