Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Onto Innovation Inc (NYSE: ONTO) was $167.15 for the day, down -2.21% from the previous closing price of $170.92. In other words, the price has decreased by -$2.21 from its previous closing price. On the day, 0.76 million shares were traded.
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 9.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.27. For the most recent quarter (mrq), Quick Ratio is recorded 7.00 and its Current Ratio is at 8.69. 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 Feb 13 ’25 when Vedula Srinivas sold 238 shares for $169.58 per share. The transaction valued at 40,360 led to the insider holds 15,472 shares of the business.
SRINIVAS VEDULA bought 238 shares of ONTO for $40,360 on Feb 13 ’25. On Jan 21 ’25, another insider, Plisinski Michael P, who serves as the CEO of the company, sold 35,000 shares for $219.19 each. As a result, the insider received 7,671,650 and left with 150,492 shares of the company.
Valuation Measures:
As of this moment, Onto’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.20, and their Forward P/E ratio for the next fiscal year is 21.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.36 while its Price-to-Book (P/B) ratio in mrq is 4.34.
Stock Price History:
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 -9.75%, while the 200-Day Moving Average is calculated to be -15.57%.
Shares Statistics:
A total of 49.39M shares are outstanding, with a floating share count of 49.03M. Insiders hold about 0.74% of the company’s shares, while institutions hold 96.67% stake in the company.
