The stock of Onto Innovation Inc (ONTO) has seen a -12.91% decrease in the past week, with a -20.70% drop in the past month, and a -12.46% decrease in the past quarter. The volatility ratio for the week is 5.03%, and the volatility levels for the past 30 days are at 4.59% for ONTO. The simple moving average for the past 20 days is -18.55% for ONTO’s stock, with a -25.97% simple moving average for the past 200 days.
Is It Worth Investing in Onto Innovation Inc (NYSE: ONTO) Right Now?
Onto Innovation Inc (NYSE: ONTO) has a higher price-to-earnings ratio of 35.85x compared to its average ratio, The 36-month beta value for ONTO is at 1.28. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ONTO is 48.91M, and currently, shorts hold a 2.50% of that float. The average trading volume for ONTO on February 28, 2025 was 859.54K shares.
ONTO) stock’s latest price update
The stock of Onto Innovation Inc (NYSE: ONTO) has decreased by -5.65 when compared to last closing price of 154.29.Despite this, the company has seen a loss of -12.91% in its stock price over the last five trading days. zacks.com reported 2025-02-07 that ONTO’s Q4 2024 performance is powered by growing momentum in the advanced nodes and AI packaging markets and fresh product innovations.
Analysts’ Opinion of ONTO
Many brokerage firms have already submitted their reports for ONTO stocks, with Cantor Fitzgerald repeating the rating for ONTO by listing it as a “Overweight.” The predicted price for ONTO in the upcoming period, according to Cantor Fitzgerald is $250 based on the research report published on January 13, 2025 of the current year 2025.
Oppenheimer, on the other hand, stated in their research note that they expect to see ONTO reach a price target of $260. The rating they have provided for ONTO stocks is “Outperform” according to the report published on September 25th, 2024.
ONTO Trading at -20.83% from the 50-Day Moving Average
After a stumble in the market that brought ONTO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.07% of loss for the given period.
Volatility was left at 4.59%, however, over the last 30 days, the volatility rate increased by 5.03%, as shares sank -24.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.54% lower at present.
During the last 5 trading sessions, ONTO fell by -12.91%, which changed the moving average for the period of 200-days by -30.16% in comparison to the 20-day moving average, which settled at $178.71. In addition, Onto Innovation Inc saw -12.66% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ONTO starting from Vedula Srinivas, who sale 238 shares at the price of $169.58 back on Feb 13 ’25. After this action, Vedula Srinivas now owns 15,472 shares of Onto Innovation Inc, valued at $40,360 using the latest closing price.
SRINIVAS VEDULA, the Officer of Onto Innovation Inc, proposed sale 238 shares at $169.58 during a trade that took place back on Feb 13 ’25, which means that SRINIVAS VEDULA is holding shares at $40,360 based on the most recent closing price.
Stock Fundamentals for ONTO
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.49 for the gross margin
The net margin for Onto Innovation Inc stands at 0.19. The total capital return value is set at 0.1. Equity return is now at value 11.01, with 10.02 for asset returns.
Based on Onto Innovation Inc (ONTO), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 15.32. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 60.01.
Currently, EBITDA for the company is 187.1 million with net debt to EBITDA at -0.71. When we switch over and look at the enterprise to sales, we see a ratio of 7.45. The receivables turnover for the company is 3.71for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.69.
Conclusion
In conclusion, Onto Innovation Inc (ONTO) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
