The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Onto Innovation Inc (NYSE: ONTO) closed at $123.07 up 1.43% from its previous closing price of $121.34. In other words, the price has increased by $1.43 from its previous closing price. On the day, 0.71 million shares were traded. ONTO stock price reached its highest trading level at $123.375 during the session, while it also had its lowest trading level at $118.365.
Ratios:
For a deeper understanding of Onto Innovation Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.37. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
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 6063695872 and an Enterprise Value of 5226521600. As of this moment, Onto’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.31, and their Forward P/E ratio for the next fiscal year is 16.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.14 while its Price-to-Book (P/B) ratio in mrq is 3.15. Its current Enterprise Value per Revenue stands at 5.294 whereas that against EBITDA is 20.955.
Stock Price History:
The Beta on a monthly basis for ONTO is 1.46, which has changed by -0.3513072 over the last 52 weeks, in comparison to a change of 0.08089435 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 $116.16. The 50-Day Moving Average of the stock is -23.83%, while the 200-Day Moving Average is calculated to be -33.94%.
Shares Statistics:
For the past three months, ONTO has traded an average of 999.77K shares per day and 758780 over the past ten days. A total of 49.24M shares are outstanding, with a floating share count of 48.88M. Insiders hold about 0.80% of the company’s shares, while institutions hold 96.89% stake in the company. Shares short for ONTO as of 1741910400 were 1196338 with a Short Ratio of 1.20, compared to 1739491200 on 1223183. Therefore, it implies a Short% of Shares Outstanding of 1196338 and a Short% of Float of 3.18.
