Q1 EPS Estimates for Onto Innovation Boosted by Analyst

Onto Innovation Inc. (NYSE:ONTO - Free Report) - Research analysts at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for Onto Innovation in a research report issued on Thursday, February 27th. Zacks Research analyst R. Department now anticipates that the semiconductor company will earn $1.46 per share for the quarter, up from their prior forecast of $1.39. The consensus estimate for Onto Innovation's current full-year earnings is $6.26 per share. Zacks Research also issued estimates for Onto Innovation's Q2 2025 earnings at $1.49 EPS, Q3 2025 earnings at $1.60 EPS, Q4 2025 earnings at $1.68 EPS, FY2025 earnings at $6.23 EPS, Q1 2026 earnings at $1.79 EPS, Q2 2026 earnings at $1.74 EPS, Q3 2026 earnings at $1.85 EPS, Q4 2026 earnings at $1.94 EPS, FY2026 earnings at $7.32 EPS and FY2027 earnings at $8.26 EPS.

Several other analysts have also issued reports on ONTO. Benchmark reiterated a "buy" rating and set a $230.00 price target on shares of Onto Innovation in a research report on Friday, February 7th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $250.00 target price on shares of Onto Innovation in a report on Friday, February 7th. Stifel Nicolaus decreased their price target on Onto Innovation from $270.00 to $250.00 and set a "buy" rating on the stock in a research note on Friday, February 7th. StockNews.com upgraded Onto Innovation from a "sell" rating to a "hold" rating in a research report on Thursday, February 27th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $230.00 target price on shares of Onto Innovation in a research report on Friday, February 7th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Onto Innovation presently has a consensus rating of "Moderate Buy" and an average price target of $246.88.

Onto Innovation Trading Up 3.5 %

Onto Innovation stock traded up $4.75 during trading hours on Monday, reaching $140.16. 1,076,956 shares of the stock were exchanged, compared to its average volume of 1,030,225. The stock has a 50 day moving average of $183.52 and a two-hundred day moving average of $187.23. The company has a market cap of $6.91 billion, a P/E ratio of 34.52, a price-to-earnings-growth ratio of 0.89 and a beta of 1.31. Onto Innovation has a twelve month low of $129.53 and a twelve month 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 (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.10. Onto Innovation had a return on equity of 14.24% and a net margin of 20.43%.

Insider Activity at Onto Innovation

In other news, SVP Srinivas Vedula sold 827 shares of the firm's stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $205.00, for a total transaction of $169,535.00. Following the completion of the transaction, the senior vice president now owns 15,223 shares of the company's stock, valued at approximately $3,120,715. This trade represents a 5.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael P. Plisinski sold 35,000 shares of Onto Innovation stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $219.19, for a total transaction of $7,671,650.00. Following the transaction, the chief executive officer now owns 150,492 shares in the company, valued at approximately $32,986,341.48. This trade represents a 18.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 85,827 shares of company stock valued at $18,182,185 in the last 90 days. 0.72% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ONTO. Kestra Investment Management LLC acquired a new stake in shares of Onto Innovation in the fourth quarter valued at about $26,000. Mather Group LLC. raised its holdings in Onto Innovation by 209.4% during the 4th quarter. Mather Group LLC. now owns 164 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 111 shares during the last quarter. Johnson Financial Group Inc. bought a new position in Onto Innovation during the 4th quarter worth approximately $38,000. Versant Capital Management Inc lifted its holdings in Onto Innovation by 532.4% in the fourth quarter. Versant Capital Management Inc now owns 234 shares of the semiconductor company's stock valued at $39,000 after buying an additional 197 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Onto Innovation in the 4th quarter valued at about $43,000. 98.35% of the stock is owned by institutional investors.

About Onto Innovation

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.