Onto Innovation (NYSE:ONTO - Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.400-1.540 for the period, compared to the consensus earnings per share estimate of 1.490. The company issued revenue guidance of $260.0 million-$274.0 million, compared to the consensus revenue estimate of $267.4 million.
Analyst Upgrades and Downgrades
A number of analysts have commented on ONTO shares. Cantor Fitzgerald reissued an "overweight" rating and set a $250.00 price objective on shares of Onto Innovation in a report on Friday. Jefferies Financial Group decreased their price target on Onto Innovation from $265.00 to $245.00 and set a "buy" rating for the company in a report on Friday, November 1st. Stifel Nicolaus dropped their price objective on Onto Innovation from $270.00 to $250.00 and set a "buy" rating on the stock in a research note on Friday. Benchmark reaffirmed a "buy" rating and set a $230.00 price objective on shares of Onto Innovation in a report on Friday. Finally, Oppenheimer reiterated an "outperform" rating and issued a $275.00 target price on shares of Onto Innovation in a report on Tuesday, December 17th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $251.25.
Check Out Our Latest Research Report on ONTO
Onto Innovation Trading Down 1.9 %
Shares of NYSE:ONTO traded down $3.57 during midday trading on Monday, reaching $183.40. The company had a trading volume of 1,202,241 shares, compared to its average volume of 962,867. The stock has a market cap of $9.06 billion, a P/E ratio of 45.17, a P/E/G ratio of 1.09 and a beta of 1.31. The company's 50 day moving average price is $186.01 and its 200 day moving average price is $190.03. Onto Innovation has a 52-week low of $145.15 and a 52-week high of $238.93.
Onto Innovation (NYSE:ONTO - Get Free Report) last released its earnings results on Thursday, February 6th. The semiconductor company reported $1.51 earnings per share for the quarter, beating analysts' consensus estimates of $1.41 by $0.10. Onto Innovation had a net margin of 20.43% and a return on equity of 14.41%. Research analysts forecast that Onto Innovation will post 6.46 EPS for the current fiscal year.
Insider Buying and Selling at Onto Innovation
In other Onto Innovation news, SVP Srinivas Vedula sold 827 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $205.00, for a total transaction of $169,535.00. Following the sale, the senior vice president now owns 15,223 shares in the company, valued at $3,120,715. This represents a 5.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Michael P. Plisinski sold 20,000 shares of Onto Innovation stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $200.19, for a total value of $4,003,800.00. Following the completion of the transaction, the chief executive officer now owns 215,492 shares of the company's stock, valued at approximately $43,139,343.48. This trade represents a 8.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 85,827 shares of company stock valued at $18,182,185. Company insiders own 0.72% of the company's stock.
Onto Innovation Company Profile
(
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Onto Innovation Inc engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements.
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