ONTO - Onto Innovation Inc Stock Price, Fair Value and News

223.42USD-0.55 (-0.25%)Delayed

Market Summary

USD223.42-0.55

Delayed

-0.25%

ONTO Stock Price

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ONTO RSI Chart

ONTO Valuation

Market Cap

11.0B

Price/Earnings (Trailing)

90.87

Price/Sales (Trailing)

13.02

EV/EBITDA

66.1

Price/Free Cashflow

69.97

ONTO Price/Sales (Trailing)

ONTO Profitability

Operating Margin

51.28%

EBT Margin

17.89%

Return on Equity

6.8%

Return on Assets

6.2%

Free Cashflow Yield

1.43%

ONTO Fundamentals

ONTO Revenue

Revenue (TTM)

845.5M

Rev. Growth (Yr)

14.9%

Rev. Growth (Qtr)

4.56%

ONTO Earnings

Earnings (TTM)

121.2M

Earnings Growth (Yr)

-54.23%

Earnings Growth (Qtr)

-15.54%

Breaking Down ONTO Revenue

Last 7 days

-0.4%

Last 30 days

22.8%

Last 90 days

22.6%

Trailing 12 Months

124.6%

How does ONTO drawdown profile look like?

ONTO Financial Health

Current Ratio

9.06

ONTO Investor Care

Shares Dilution (1Y)

0.68%

Diluted EPS (TTM)

2.82

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	845.5M	0	0	0
2023	963.0M	897.4M	850.3M	815.9M
2022	861.0M	923.9M	977.6M	1.0B
2021	585.8M	644.3M	718.4M	788.9M
2020	384.9M	458.4M	521.9M	556.5M
2019	261.6M	245.6M	248.1M	305.9M
2018	268.9M	281.9M	285.7M	273.8M
2017	233.0M	241.6M	239.6M	255.1M
2016	184.5M	191.6M	204.7M	221.1M
2015	165.2M	165.8M	184.4M	187.4M
2014	171.3M	184.8M	172.9M	166.4M
2013	151.9M	133.3M	128.4M	144.3M
2012	223.4M	212.2M	197.9M	182.9M
2011	213.0M	226.6M	230.9M	230.1M
2010	0	113.8M	150.9M	188.1M
2009	0	0	0	76.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Onto Innovation Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	vedula srinivas	sold (taxes)	-55,960	185	-302	svp, customer success
Mar 20, 2024	plisinski michael p	sold	-7,019,130	175	-40,000	ceo
Mar 18, 2024	oh yoon ah	sold	-303,300	180	-1,685	vp, general counsel & corp sec
Mar 15, 2024	oh yoon ah	sold	-467,083	173	-2,685	vp, general counsel & corp sec
Mar 01, 2024	slicer mark	acquired	-	-	2,077	chief financial officer
Mar 01, 2024	vedula srinivas	acquired	-	-	1,169	svp, customer success
Mar 01, 2024	brooks d mayson	acquired	-	-	883	vice president & gm, ibu
Mar 01, 2024	yaldaei ramil	acquired	-	-	1,688	chief operating officer
Mar 01, 2024	plisinski michael p	acquired	-	-	11,943	ceo
Mar 01, 2024	oh yoon ah	acquired	-	-	1,883	vp, general counsel & corp sec

Which funds bought or sold ONTO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Beacon Capital Management, LLC	new	-	5,795	5,795	-%
May 16, 2024	COMERICA BANK	reduced	-5.03	429,560	3,874,290	0.02%
May 16, 2024	HANCOCK WHITNEY CORP	reduced	-6.03	82,703	815,404	0.03%
May 16, 2024	CASTLEARK MANAGEMENT LLC	reduced	-19.79	-388,592	7,377,200	0.31%
May 16, 2024	B. Riley Wealth Advisors, Inc.	added	5.88	-64,461	486,744	0.01%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.86	1,003,580	8,919,820	0.01%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-39.01	-1,176,830	3,060,800	-%
May 16, 2024	FSA Wealth Management LLC	reduced	-60.00	-7,757	7,243	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	23.99	20,838,700	65,323,200	0.01%
May 15, 2024	MARSHALL WACE, LLP	reduced	-51.73	-29,772,600	39,728,000	0.06%

Are Funds Buying or Selling ONTO?

Are funds buying ONTO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ONTO

No. of Funds

Unveiling Onto Innovation Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.57%	5,188,815	SC 13G/A
Jan 23, 2024	blackrock inc.	12.5%	6,145,448	SC 13G/A
Feb 09, 2023	vanguard group inc	11.32%	5,605,334	SC 13G/A
Jan 23, 2023	blackrock inc.	16.2%	8,009,729	SC 13G/A
Feb 10, 2022	vanguard group inc	10.86%	5,353,152	SC 13G/A
Jan 27, 2022	blackrock inc.	15.8%	7,783,210	SC 13G/A
Jan 25, 2022	blackrock inc.	15.8%	7,783,210	SC 13G/A
Jul 12, 2021	vanguard group inc	10.44%	5,118,760	SC 13G/A
Feb 12, 2021	dimensional fund advisors lp	4.0%	1,948,140	SC 13G/A
Feb 10, 2021	vanguard group inc	6.38%	3,116,062	SC 13G/A

Recent SEC filings of Onto Innovation Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 09, 2024	10-Q	Quarterly Report
May 09, 2024	8-K	Current Report
Apr 05, 2024	ARS	ARS
Apr 05, 2024	DEF 14A	DEF 14A
Apr 05, 2024	DEFA14A	DEFA14A
Apr 03, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 20, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Onto Innovation Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NVDA	2.3T	60.9B	10.07%	191.98%	77.7	37.96	125.85%	581.31%
AMD	265.8B	22.8B	6.78%	52.38%	238.19	11.66	-1.16%	182.53%
AMAT	176.3B	26.5B	6.15%	63.32%	24.63	6.66	0.88%	10.98%
INTC	135.5B	55.2B	-10.79%	7.24%	33.33	2.45	-2.09%	242.32%
ADI	106.2B	11.6B	13.06%	11.40%	37.72	9.18	-8.03%	-17.90%
MID-CAP
AMKR	8.0B	6.4B	8.57%	42.27%	21.55	1.26	-8.17%	-41.71%
CRUS	5.9B	1.8B	29.10%	38.79%	33.72	3.32	-11.16%	-46.12%
ACLS	3.7B	1.1B	11.41%	-21.58%	14.74	3.27	16.34%	32.25%
DIOD	3.4B	1.5B	9.17%	-21.86%	19.88	2.26	-24.64%	-48.42%
AMBA	2.0B	226.5M	12.25%	-31.97%	-11.85	8.86	-32.92%	-159.10%
SMALL-CAP
ACMR	1.5B	635.7M	-14.73%	144.10%	16.67	2.3	51.02%	67.91%
AOSL	780.7M	657.5M	31.66%	1.34%	-82.59	1.19	-9.15%	-119.91%
AEHR	329.3M	71.9M	2.15%	-64.28%	21.38	4.58	14.14%	8.17%
ATOM	119.4M	550.0K	-21.28%	-51.16%	-6.09	217.05	43.98%	-6.63%
ASYS	75.7M	108.8M	12.21%	-40.21%	-3.53	0.7	1.54%	-244.16%

Onto Innovation Inc News

Latest updates

Onto Innovation Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.6%	229	219	207	191	199	253	254	256	241	226	201	193	169	155	126	135	140	121	63.00	62.00	61.00
Cost Of Revenue	-0.3%	111	111	100	90.00	94.00	116	115	124	110	102	91.00	88.00	79.00	80.00	58.00	63.00	77.00	81.00	31.00	30.00	29.00
Gross Profit	9.6%	118	108	107	100	105	137	139	132	131	124	109	105	90.00	75.00	69.00	72.00	63.00	40.00	32.00	32.00	32.00
Operating Expenses	-5.3%	76.00	80.00	73.00	76.00	76.00	76.00	80.00	75.00	72.00	74.00	66.00	70.00	63.00	61.00	60.00	64.00	68.00	63.00	26.00	26.00	24.00
S&GA Expenses	19.3%	18.00	15.00	15.00	16.00	16.00	16.00	17.00	17.00	16.00	16.00	13.00	15.00	13.00	11.00	12.00	12.00	13.00	13.00	5.00	6.00	5.00
R&D Expenses	10.5%	27.00	24.00	26.00	27.00	27.00	28.00	32.00	26.00	26.00	25.00	24.00	26.00	22.00	22.00	20.00	22.00	21.00	17.00	10.00	11.00	11.00
EBITDA Margin	8.9%	0.19*	0.18*	0.21*	0.22*	0.23*	0.25*	-0.08*	-0.10*	-0.13*	-0.18*	0.11*	0.07*	0.03*	-0.02*	-	-	-	-	-	-	-
Income Taxes	14.8%	4.00	4.00	3.00	2.00	3.00	-0.66	8.00	6.00	6.00	3.00	7.00	1.00	2.00	-5.39	1.00	-0.01	0.00	-20.41	0.00	1.00	1.00
Earnings Before Taxes	50.5%	51.00	34.00	39.00	28.00	32.00	66.00	60.00	57.00	59.00	-261	43.00	36.00	27.00	-39.21	9.00	7.00	-4.00	-22.42	7.00	6.00	9.00
EBT Margin	10.1%	0.18*	0.16*	0.19*	0.21*	0.22*	0.24*	-0.09*	-0.11*	-0.14*	-0.20*	0.09*	0.05*	0.01*	-0.05*	-	-	-	-	-	-	-
Net Income	-100.0%	-	30.00	36.00	26.00	29.00	66.00	52.00	52.00	53.00	47.00	36.00	35.00	24.00	20.00	8.00	7.00	-4.40	-17.75	7.00	6.00	8.00
Net Income Margin	-3.5%	0.14*	0.15*	0.18*	0.19*	0.21*	0.22*	0.21*	0.20*	0.20*	0.18*	0.16*	0.14*	0.10*	0.06*	-	-	-	-	-	-	-
Free Cashflow	-15.2%	50.00	59.00	21.00	27.00	42.00	41.00	29.00	6.00	43.00	48.00	48.00	20.00	47.00	33.00	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.3%	1,953	1,910	1,862	1,821	1,803	1,795	1,788	1,761	1,722	1,650	1,603	1,546	1,504	1,468	1,431	1,417	1,416	1,449	396	391	382
Current Assets	3.9%	1,333	1,283	1,221	1,183	1,155	1,135	1,123	1,086	1,032	948	885	812	755	732	677	645	629	642	278	272	264
Cash Equivalents	-18.2%	191	234	207	224	230	176	200	180	172	170	152	134	126	137	102	129	101	131	140	112	100
Inventory	0.5%	330	328	346	352	338	324	308	281	263	243	222	207	201	191	185	172	161	176	70.00	67.00	63.00
Net PPE	3.1%	107	104	104	100	98.00	92.00	84.00	83.00	82.00	82.00	86.00	88.00	88.00	92.00	93.00	96.00	97.00	98.00	52.00	53.00	51.00
Goodwill	0%	316	316	316	316	316	316	316	316	316	316	314	314	9.00	307	308	308	308	316	26.00	26.00	26.00
Liabilities	-0.8%	172	173	166	164	178	198	218	234	250	224	230	217	211	203	193	196	191	185	60.00	62.00	62.00
Current Liabilities	-0.5%	147	148	136	137	148	161	170	177	185	155	149	133	126	120	97.00	99.00	94.00	86.00	50.00	51.00	50.00
Shareholder's Equity	2.6%	1,782	1,737	1,696	1,657	1,625	1,596	1,569	1,528	1,472	1,426	1,374	1,330	1,292	1,265	1,238	1,221	1,226	1,264	385	378	370
Retained Earnings	9.7%	529	482	452	416	390	363	326	273	222	169	122	85.00	50.00	26.00	6.00	-1.84	-9.27	-4.86	79.00	74.00	70.00
Additional Paid-In Capital	0.1%	1,263	1,262	1,257	1,251	1,242	1,244	1,259	1,265	1,256	1,256	1,249	1,242	1,239	1,234	1,230	1,223	1,238	1,269	260	257	252
Accumulated Depreciation	4.0%	60.00	58.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48.00	46.00	45.00
Shares Outstanding	0.3%	49.00	49.00	49.00	49.00	49.00	49.00	50.00	50.00	49.00	49.00	49.00	49.00	49.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	5,659,829	-	-	-	3,072,410	-	-	-	3,504	-	-	-	1,569	-	-	-	812	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-7.2%	57,131	61,586	28,632	31,688	50,067	49,495	31,820	9,932	45,456	49,001	49,852	25,429	50,999	33,125	25,988	37,973	8,898	-6,754	15,110	11,356	-1,566
Share Based Compensation	15.8%	6,486	5,600	6,049	7,745	6,119	5,497	6,114	7,983	4,832	4,435	4,110	6,107	4,890	4,679	4,253	4,775	3,955	5,194	1,555	1,673	2,163
Cashflow From Investing	-147.3%	-91,816	-37,128	-43,359	-36,138	13,238	-26,465	3,980	94.00	-33,300	-30,865	-34,530	-16,049	-60,349	98,306	-57,055	9,948	-2,600	-981	12,780	1,472	-9,167
Cashflow From Financing	-1190.8%	-5,073	-393	-917	1,305	-9,470	-50,453	-11,772	1,445	-7,570	3,041	2,913	-3,877	593	-566	2,399	-20,520	-35,015	-1,866	122	-1,112	-1,342
Buy Backs	-	-	-	-	-	3,197	53,717	-11,540	-	-	-	-	-	-	-	500*	18,385	33,614	-	-	-	744

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ONTO Income Statement

2024-03-30

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Income Statement [Abstract]
Revenue	$ 228,846	$ 199,165
Cost of revenue	110,561	94,190
Gross profit	118,285	104,975
Operating expenses:
Research and development	26,554	27,242
Sales and marketing	18,318	15,637
General and administrative	17,563	19,237
Amortization	13,112	13,824
Total operating expenses	75,547	75,940
Operating income	42,738	29,035
Interest income, net	7,361	3,448
Other expense, net	793	(281)
Income before provision for income taxes	50,892	32,202
Provision for income taxes	4,039	3,134
Net Income, Total	$ 46,853	$ 29,068
Earnings per share:
Basic	$ 0.95	$ 0.6
Diluted	$ 0.94	$ 0.59
Weighted average shares outstanding:
Basic	49,230	48,788
Diluted	49,638	49,109

ONTO Balance Sheet

2024-03-30

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 30, 2024	Dec. 30, 2023
Current Assets:
Cash and cash equivalents	$ 190,893	$ 233,508
Marketable securities	550,038	464,303
Accounts receivable, less allowance of $2,657 and $1,572	231,865	226,556
Inventories, net	329,517	327,773
Prepaid expenses and other current assets	30,523	31,127
Total current assets	1,332,836	1,283,267
Property, plant and equipment, net	106,795	103,611
Goodwill	315,811	315,811
Identifiable intangible assets, net	154,263	167,375
Deferred income taxes	24,247	18,836
Other assets	19,419	20,812
Total assets	1,953,371	1,909,712
Current liabilities:
Accounts payable	55,907	49,869
Accrued liabilities	35,263	42,062
Deferred revenue	26,350	24,763
Other current liabilities	29,533	31,032
Total current liabilities	147,053	147,726
Other non-current liabilities	24,767	25,451
Total liabilities	171,820	173,177
Commitments and contingencies
Stockholders’ equity:
Common stock	49	49
Additional paid-in capital	1,263,442	1,262,029
Accumulated other comprehensive loss	(11,149)	(7,899)
Retained earnings	529,209	482,356
Total stockholders’ equity	1,781,551	1,736,535
Total liabilities and stockholders’ equity	$ 1,953,371	$ 1,909,712

About Onto Innovation Inc

Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs macro defect inspection and 2D/3D optical metrology, lithography systems, and process control analytical software worldwide. It offers process and yield management solutions, and device packaging and test facilities through standalone systems for optical metrology, macro-defect inspection, packaging lithography, and transparent and opaque thin film measurements; and process control software portfolio that includes solutions for standalone tools, groups of tools, and enterprise-or factory-wide suites. The company also provides spare parts and software licensing services. Its products are used by semiconductor and advanced packaging device manufacturers; silicon wafer; light emitting diode; vertical-cavity surface-emitting laser; micro-electromechanical system; CMOS image sensor; power device; analog device; RF filter; data storage; and various industrial and scientific applications. The company was formerly known as Rudolph Technologies, Inc. Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts.

CEO	Mr. Michael P. Plisinski
WEBSITE	ontoinnovation.com
INDUSTRY	Semiconductors
EMPLOYEES	1636

Onto Innovation Inc Frequently Asked Questions

What is the ticker symbol for Onto Innovation Inc? What does ONTO stand for in stocks?

ONTO is the stock ticker symbol of Onto Innovation Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Onto Innovation Inc (ONTO)?

As of Fri May 17 2024, market cap of Onto Innovation Inc is 11.01 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ONTO stock?

You can check ONTO's fair value in chart for subscribers.

What is the fair value of ONTO stock?

You can check ONTO's fair value in chart for subscribers. The fair value of Onto Innovation Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Onto Innovation Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ONTO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Onto Innovation Inc a good stock to buy?

The fair value guage provides a quick view whether ONTO is over valued or under valued. Whether Onto Innovation Inc is cheap or expensive depends on the assumptions which impact Onto Innovation Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ONTO.

What is Onto Innovation Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ONTO's PE ratio (Price to Earnings) is 90.87 and Price to Sales (PS) ratio is 13.02. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ONTO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Onto Innovation Inc's stock?

In the past 10 years, Onto Innovation Inc has provided 0.3 (multiply by 100 for percentage) rate of return.