Onto Innovation (ONTO) Competitors

$224.35
+15.93 (+7.64%)
(As of 05/10/2024 ET)

ONTO vs. TRMB, PAYC, WWD, SNX, TOST, CYBR, DOX, BRKR, FFIV, and ZG

Should you be buying Onto Innovation stock or one of its competitors? The main competitors of Onto Innovation include Trimble (TRMB), Paycom Software (PAYC), Woodward (WWD), TD SYNNEX (SNX), Toast (TOST), CyberArk Software (CYBR), Amdocs (DOX), Bruker (BRKR), F5 (FFIV), and Zillow Group (ZG). These companies are all part of the "computer and technology" sector.

Onto Innovation vs.

Onto Innovation (NYSE:ONTO) and Trimble (NASDAQ:TRMB) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, media sentiment, earnings, dividends, analyst recommendations, community ranking, risk, valuation and institutional ownership.

In the previous week, Onto Innovation had 2 more articles in the media than Trimble. MarketBeat recorded 25 mentions for Onto Innovation and 23 mentions for Trimble. Onto Innovation's average media sentiment score of 1.12 beat Trimble's score of 0.55 indicating that Onto Innovation is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Onto Innovation
13 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Trimble
6 Very Positive mention(s)
4 Positive mention(s)
9 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

98.4% of Onto Innovation shares are held by institutional investors. Comparatively, 93.2% of Trimble shares are held by institutional investors. 0.7% of Onto Innovation shares are held by company insiders. Comparatively, 0.5% of Trimble shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Onto Innovation currently has a consensus target price of $213.60, indicating a potential downside of 4.79%. Trimble has a consensus target price of $66.67, indicating a potential upside of 17.37%. Given Trimble's stronger consensus rating and higher probable upside, analysts clearly believe Trimble is more favorable than Onto Innovation.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Onto Innovation
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80
Trimble
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

Onto Innovation has a net margin of 16.43% compared to Trimble's net margin of 6.25%. Trimble's return on equity of 12.04% beat Onto Innovation's return on equity.

Company Net Margins Return on Equity Return on Assets
Onto Innovation16.43% 11.63% 10.58%
Trimble 6.25%12.04%5.59%

Onto Innovation has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500. Comparatively, Trimble has a beta of 1.51, meaning that its share price is 51% more volatile than the S&P 500.

Trimble has higher revenue and earnings than Onto Innovation. Trimble is trading at a lower price-to-earnings ratio than Onto Innovation, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Onto Innovation$815.87M13.51$121.16M$2.8179.84
Trimble$3.80B3.65$311.30M$0.9659.17

Trimble received 175 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.31% of users gave Trimble an outperform vote while only 67.08% of users gave Onto Innovation an outperform vote.

CompanyUnderperformOutperform
Onto InnovationOutperform Votes
379
67.08%
Underperform Votes
186
32.92%
TrimbleOutperform Votes
554
68.31%
Underperform Votes
257
31.69%

Summary

Onto Innovation and Trimble tied by winning 9 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ONTO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ONTO vs. The Competition

MetricOnto InnovationMeasuring & controlling devices IndustryComputer SectorNYSE Exchange
Market Cap$11.02B$20.43B$20.95B$17.98B
Dividend YieldN/A3.31%2.74%3.46%
P/E Ratio79.8425.95258.6525.17
Price / Sales13.5121.33535.2610.41
Price / Cash40.7414.9829.3218.08
Price / Book6.343.936.576.05
Net Income$121.16M$536.75M$638.31M$967.12M
7 Day Performance11.73%-0.34%0.42%1.48%
1 Month Performance17.25%-4.52%-0.76%0.92%
1 Year Performance152.62%35.49%30.93%122.16%

Onto Innovation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRMB
Trimble
4.5101 of 5 stars
$57.00
+1.4%
$66.67
+17.0%
+19.2%$13.72B$3.84B59.3812,700
PAYC
Paycom Software
4.9769 of 5 stars
$176.47
+1.2%
$246.31
+39.6%
-36.5%$10.25B$1.69B21.497,308Analyst Downgrade
WWD
Woodward
3.7368 of 5 stars
$176.45
+1.9%
$173.13
-1.9%
+62.1%$10.64B$2.91B30.858,800High Trading Volume
SNX
TD SYNNEX
4.6058 of 5 stars
$120.17
+0.4%
$121.82
+1.4%
+36.6%$10.71B$57.56B17.4423,000Short Interest ↑
TOST
Toast
2.0045 of 5 stars
$23.73
+0.7%
$24.32
+2.5%
+27.1%$10.71B$3.87B-46.535,500Earnings Report
Analyst Forecast
Insider Selling
Analyst Revision
News Coverage
CYBR
CyberArk Software
2.7981 of 5 stars
$237.47
+0.8%
$265.63
+11.9%
+70.0%$10.04B$751.89M-371.053,018
DOX
Amdocs
4.9896 of 5 stars
$85.05
+0.1%
$108.60
+27.7%
-7.6%$10.00B$4.89B18.2130,695Dividend Announcement
Analyst Forecast
Short Interest ↓
News Coverage
BRKR
Bruker
4.9657 of 5 stars
$74.33
+2.5%
$84.86
+14.2%
-0.1%$10.80B$2.96B27.039,707High Trading Volume
FFIV
F5
4.0266 of 5 stars
$168.32
-0.2%
$185.10
+10.0%
+26.9%$9.90B$2.81B20.166,524Insider Selling
ZG
Zillow Group
4.6776 of 5 stars
$42.36
+3.2%
$57.40
+35.5%
-10.1%$9.89B$1.95B-61.396,263

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This page (NYSE:ONTO) was last updated on 5/11/2024 by MarketBeat.com Staff

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