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The closing price of Onto Innovation Inc (NYSE: ONTO) was $209.70 for the day, up 4.56% from the previous closing price of $200.55. In other words, the price has increased by $4.56 from its previous closing price. On the day, 0.72 million shares were traded. ONTO stock price reached its highest trading level at $211.19 during the session, while it also had its lowest trading level at $198.54.
Ratios:
Our analysis of ONTO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.76. For the most recent quarter (mrq), Quick Ratio is recorded 7.94 and its Current Ratio is at 10.07. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on January 13, 2025, initiated with a Overweight rating and assigned the stock a target price of $250.
On September 25, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $260.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 21 ’25 when Plisinski Michael P sold 35,000 shares for $219.19 per share. The transaction valued at 7,671,650 led to the insider holds 150,492 shares of the business.
Plisinski Michael P sold 30,000 shares of ONTO for $6,337,287 on Jan 16 ’25. The CEO now owns 185,492 shares after completing the transaction at $211.24 per share. On Jan 21 ’25, another insider, Plisinski Michael P, who serves as the Officer of the company, bought 35,000 shares for $219.19 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ONTO now has a Market Capitalization of 10357355520 and an Enterprise Value of 9518349312. As of this moment, Onto’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.85, and their Forward P/E ratio for the next fiscal year is 31.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.99 while its Price-to-Book (P/B) ratio in mrq is 5.44. Its current Enterprise Value per Revenue stands at 10.102 whereas that against EBITDA is 39.652.
Stock Price History:
The Beta on a monthly basis for ONTO is 1.24, which has changed by 0.21722507 over the last 52 weeks, in comparison to a change of 0.208081 over the same period for the S&P500. Over the past 52 weeks, ONTO has reached a high of $238.93, while it has fallen to a 52-week low of $145.15. The 50-Day Moving Average of the stock is 14.73%, while the 200-Day Moving Average is calculated to be 5.83%.
Shares Statistics:
ONTO traded an average of 800.18K shares per day over the past three months and 982770 shares per day over the past ten days. A total of 49.39M shares are outstanding, with a floating share count of 49.05M. Insiders hold about 0.69% of the company’s shares, while institutions hold 94.57% stake in the company. Shares short for ONTO as of 1736899200 were 1195000 with a Short Ratio of 1.49, compared to 1734048000 on 889005. Therefore, it implies a Short% of Shares Outstanding of 1195000 and a Short% of Float of 3.17.
