Onto Innovation Stock Analysis

ONTO -  USA Stock  

USD 89.47  0.06  0.07%

The latest bullish price patterns experienced by current Onto Innovation shareholders may encourage institutional investors to take a closer look at the company as it is trading at a share price of 89.47 on 683,643 in trading volume. The company directors and management have been very successful in rebalancing the company assets at opportune times to take advantage of market volatility in December. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.43. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Onto Innovation partners.
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Onto Innovation Stock Analysis 

 
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The Onto Innovation stock analysis report makes it easy to digest most publicly released information about Onto Innovation and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Onto Innovation Stock analysis module also helps to analyze the Onto Innovation price relationship with some important fundamental indicators such as market cap and management efficiency.

Onto Innovation Stock Analysis Notes

About 99.0% of the company shares are owned by institutional investors. The book value of Onto Innovation was now reported as 27.87. The company has Price/Earnings To Growth (PEG) ratio of 2.21. Onto Innovation had not issued any dividends in recent years. The entity had a split on the 28th of October 2019. Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs macro defect inspection and metrology, lithography systems, and process control analytical software worldwide. Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts. Onto Innovation operates under Semiconductor Equipment Materials classification in the United States and is traded on New York Stock Exchange. It employs 1247 people. To find out more about Onto Innovation contact Michael Plisinski at 978 253 6200 or learn more at https://www.ontoinnovation.com.

Onto Innovation Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Onto Innovation's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Onto Innovation or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Onto Innovation has very high historical volatility over the last 90 days
Over 99.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Bona fide gift to Bruce Rhine of 100 shares of Onto Innovation subject to Section 16

Onto Innovation Upcoming and Recent Events

Earnings reports are used by Onto Innovation to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Onto Innovation previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report4th of February 2021
Next Earnings Report4th of May 2021
Next Fiscal Quarter End31st of December 2020
Next Fiscal Year End4th of February 2021
Last Quarter Report30th of September 2020
Last Earning Announcement31st of December 2019

Onto Innovation Largest EPS Surprises

Earnings surprises can significantly impact Onto Innovation's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2014-04-29
2014-03-310.080.090.0112 
2015-10-29
2015-09-300.030.050.0266 
2013-10-29
2013-09-30-0.08-0.060.0225 
View All Earnings Estimates

Onto Innovation Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 4.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Onto Innovation's market, we take the total number of its shares issued and multiply it by Onto Innovation's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Onto Innovation Profitablity

Onto Innovation's profitability indicators refer to fundamental financial ratios that showcase Onto Innovation's ability to generate income relative to its revenue or operating costs. If, let's say, Onto Innovation is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Onto Innovation's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Onto Innovation's profitability requires more research than a typical breakdown of Onto Innovation's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 16.08 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 26.09 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.26.

Management Efficiency

The entity has return on total asset (ROA) of 5.03 % which means that it generated profit of $5.03 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 8.85 %, meaning that it created $8.85 on every $100 dollars invested by stockholders. Onto Innovation management efficiency ratios could be used to measure how well onto innovation manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 26th of January, Onto Innovation holds the Risk Adjusted Performance of 0.0949, coefficient of variation of 946.86, and Semi Deviation of 2.85. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Onto Innovation, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Onto Innovation, which can be compared to its competitors. Please check Onto Innovation information ratio and downside variance to decide if Onto Innovation is priced some-what accurately, providing market reflects its current price of 89.47 per share. Given that Onto Innovation has jensen alpha of 0.4583, we recommend you to check out Onto Innovation's recent market performance to make sure the company can sustain itself at a future point.

Onto Innovation Price Movement Analysis

The output start index for this execution was one with a total number of output elements of sixty. The Simple Moving Average indicator is calculated by adding the closing price of Onto Innovation for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Onto Innovation short-term fluctuations and highlight longer-term trends or cycles. View also all equity analysis or get more info about simple moving average overlap studies indicator.

Onto Innovation Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Onto Innovation insiders, such as employees or executives, is commonly permitted as long as it does not rely on Onto Innovation's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Onto Innovation insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Onto Innovation Technical and Predictive Indicators

Onto Innovation Forecast Models

Onto Innovation time-series forecasting models is one of many Onto Innovation's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Onto Innovation's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Onto Innovation Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Onto Innovation stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Onto Innovation shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Onto Innovation. By using and applying Onto Innovation Stock analysis, traders can create a robust methodology for identifying Onto Innovation entry and exit points for their positions.
Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs macro defect inspection and metrology, lithography systems, and process control analytical software worldwide. Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts. Onto Innovation operates under Semiconductor Equipment Materials classification in the United States and is traded on New York Stock Exchange. It employs 1247 people.

Current Onto Innovation Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Onto Innovation analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Onto Innovation analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
46.6Buy5Odds
Onto Innovation current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Onto Innovation analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Onto Innovation stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Onto Innovation, talking to its executives and customers, or listening to Onto Innovation conference calls.
Onto Innovation Analyst Advice Details

Onto Innovation Stock Analysis Indicators

Onto Innovation stock analysis indicators help investors evaluate how Onto Innovation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Onto Innovation shares will generate the highest return on investment. By understating and applying Onto Innovation stock analysis, traders can identify Onto Innovation position entry and exit signals to maximize returns.
Quick Ratio4.32
Fifty Two Week Low52.17
Revenue Growth58.60%
Average Daily Volume Last 10 Day424.28k
Shares Short Prior Month921.94k
Average Daily Volume In Three Month320.52k
Earnings Growth356.20%
Shares Percent Shares Out1.90%
Earnings Quarterly Growth350.50%
Gross Margins53.09%
Forward Price Earnings19.79
Short Percent Of Float2.28%
Float Shares48.74M
Fifty Two Week High106.09
Fifty Day Average94.49
Enterprise Value To Ebitda24.71
Two Hundred Day Average77.21
Enterprise Value To Revenue6.45
Please check Your Equity Center. Note that the Onto Innovation information on this page should be used as a complementary analysis to other Onto Innovation's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Onto Innovation price analysis, check to measure Onto Innovation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Onto Innovation is operating at the current time. Most of Onto Innovation's value examination focuses on studying past and present price action to predict the probability of Onto Innovation's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Onto Innovation's price. Additionally, you may evaluate how the addition of Onto Innovation to your portfolios can decrease your overall portfolio volatility.
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Is Onto Innovation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Onto Innovation. If investors know Onto Innovation will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Onto Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Onto Innovation is measured differently than its book value, which is the value of Onto Innovation that is recorded on the company's balance sheet. Investors also form their own opinion of Onto Innovation's value that differs from its market value or its book value, called intrinsic value, which is Onto Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Onto Innovation's market value can be influenced by many factors that don't directly affect Onto Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Onto Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine Onto Innovation value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onto Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.