Onto Innovation Stock Analysis

Onto Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The book value of Onto Innovation was now reported as 38.54. The company has Price/Earnings To Growth (PEG) ratio of 0.81. Onto Innovation had not issued any dividends in recent years. The entity had 0.80667:1 split on the 28th of October 2019. Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs macro defect inspection and 2D3D optical metrology, lithography systems, and process control analytical software worldwide. Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts. Onto Innovation operates under Semiconductor Equipment Materials classification in the United States and is traded on New York Stock Exchange. It employs 1411 people. To find out more about Onto Innovation contact Michael Plisinski at 978 253 6200 or learn more at https://www.ontoinnovation.com.

Onto Innovation Investment Alerts

Onto Innovation Upcoming and Recent Events

Onto Largest EPS Surprises

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Onto Innovation Environmental, Social, and Governance (ESG) Scores

Onto Innovation Thematic Classifications

Onto Stock Institutional Investors

Note, although Onto Innovation's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Onto Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.05 B.

Onto Profitablity

The company has Profit Margin (PM) of 0.19 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.21 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.21.

Management Efficiency

Onto Innovation has return on total asset (ROA) of 0.055 % which means that it generated a profit of $0.055 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1018 %, meaning that it created $0.1018 on every $100 dollars invested by stockholders. Onto Innovation's management efficiency ratios could be used to measure how well Onto Innovation manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0.17. Also, Return On Capital Employed is likely to grow to 0.14. At this time, Onto Innovation's Fixed Asset Turnover is very stable compared to the past year. As of the 28th of November 2024, Return On Assets is likely to grow to 0.12, while Non Currrent Assets Other are likely to drop about 2.3 M.

Technical Drivers

As of the 28th of November, Onto Innovation holds the Risk Adjusted Performance of (0.06), variance of 13.6, and Coefficient Of Variation of (1,100). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Onto Innovation, as well as the relationship between them.

Onto Innovation Price Movement Analysis

Onto Innovation Insider Trading Activities

Onto Innovation Outstanding Bonds

Onto Innovation Predictive Daily Indicators

Onto Innovation Corporate Filings

Onto Innovation Forecast Models

Onto Innovation's time-series forecasting models are one of many Onto Innovation's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Onto Innovation's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Onto Innovation prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Onto shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Onto Innovation. By using and applying Onto Stock analysis, traders can create a robust methodology for identifying Onto entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Onto analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Onto analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Onto Innovation stock analysis indicators help investors evaluate how Onto Innovation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Onto Innovation shares will generate the highest return on investment. By understating and applying Onto Innovation stock analysis, traders can identify Onto Innovation position entry and exit signals to maximize returns.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onto Innovation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Onto Innovation. If investors know Onto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Onto Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Onto Innovation is measured differently than its book value, which is the value of Onto that is recorded on the company's balance sheet. Investors also form their own opinion of Onto Innovation's value that differs from its market value or its book value, called intrinsic value, which is Onto Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Onto Innovation's market value can be influenced by many factors that don't directly affect Onto Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Onto Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onto Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onto Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.