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

205.34USD-5.79 (-2.74%)Delayed as of 08 May 2024, 01:53 pm ET

Market Summary

USD205.34-5.79

Delayedas of 08 May 2024, 01:53 pm

-2.74%

ONTO Stock Price

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ONTO RSI Chart

ONTO Valuation

Market Cap

10.4B

Price/Earnings (Trailing)

85.61

Price/Sales (Trailing)

12.71

EV/EBITDA

69.94

Price/Free Cashflow

69.43

ONTO Price/Sales (Trailing)

ONTO Profitability

Operating Margin

51.51%

EBT Margin

16.25%

Return on Equity

6.98%

Return on Assets

6.34%

Free Cashflow Yield

1.44%

ONTO Fundamentals

ONTO Revenue

Revenue (TTM)

815.9M

Rev. Growth (Yr)

-13.59%

Rev. Growth (Qtr)

5.63%

ONTO Earnings

Earnings (TTM)

121.2M

Earnings Growth (Yr)

-54.23%

Earnings Growth (Qtr)

-15.54%

Breaking Down ONTO Revenue

52 Week Range

86.04209.21

(Low)(High)

Last 7 days

13.9%

Last 30 days

12.1%

Last 90 days

33.3%

Trailing 12 Months

145.3%

How does ONTO drawdown profile look like?

ONTO Financial Health

Current Ratio

8.69

ONTO Investor Care

Shares Dilution (1Y)

0.77%

Diluted EPS (TTM)

2.47

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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

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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>

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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 06, 2024	SG Americas Securities, LLC	added	386	1,108,000	1,341,000	0.01%
May 06, 2024	Parallel Advisors, LLC	added	4.92	13,574	69,535	-%
May 06, 2024	HighTower Advisors, LLC	added	61.3	406,000	850,000	-%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.31	1,295,480	7,778,290	0.06%
May 06, 2024	Wealthspire Advisors, LLC	unchanged	-	63,574	408,517	-%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	reduced	-43.05	-470,706	975,116	0.01%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-28,287	-	-%
May 06, 2024	Manchester Capital Management LLC	unchanged	-	141	906	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	added	11.11	434	1,811	-%
May 06, 2024	DUALITY ADVISERS, LP	new	-	719,250	719,250	0.07%

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
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
Mar 18, 2024	144	Notice of Insider Sale Intent
Mar 18, 2024	3	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	8-K	Current Report

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	2.87%	210.57%	76.06	37.15	125.85%	581.31%
AMD	249.6B	22.8B	-9.40%	62.46%	223.62	10.95	-1.16%	182.53%
AMAT	172.3B	26.5B	-0.26%	79.10%	24.07	6.5	0.88%	10.98%
INTC	130.5B	55.2B	-20.80%	-0.36%	32.1	2.36	-2.09%	242.32%
ADI	100.9B	11.6B	4.50%	10.30%	35.84	8.72	-8.03%	-17.90%
MID-CAP
AMKR	8.1B	6.4B	6.36%	53.25%	21.61	1.26	-8.17%	-41.71%
CRUS	4.9B	1.8B	-0.59%	16.92%	27.92	2.75	-11.16%	-46.12%
ACLS	3.6B	1.1B	5.75%	-7.29%	14.47	3.21	16.34%	32.25%
DIOD	3.5B	1.7B	12.71%	-9.22%	15.47	2.12	-16.94%	-31.42%
AMBA	1.9B	226.5M	-1.09%	-29.35%	-11.45	8.56	-32.92%	-159.10%
SMALL-CAP
ACMR	1.6B	557.7M	-14.64%	171.60%	21.26	2.95	43.44%	97.00%
AOSL	630.0M	640.0M	-1.02%	-7.17%	-36.74	0.98	-19.44%	-128.49%
AEHR	331.9M	71.9M	1.23%	-56.94%	21.55	4.62	14.14%	8.17%
ATOM	114.0M	550.0K	-28.62%	-55.32%	-5.82	207.28	43.98%	-6.63%
ASYS	67.4M	116.7M	-9.00%	-46.33%	-3.51	0.58	15.07%	-240.88%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	5.6%	219	207	191	199	253	254	256	241	226	201	193	169	155	126	135	140	121	63.00	62.00	61.00	63.00
Cost Of Revenue	10.5%	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	1.0%	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	33.00
Operating Expenses	9.5%	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	11.00
S&GA Expenses	4.0%	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	-6.07
R&D Expenses	-8.1%	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	5.00
EBITDA Margin	-14.0%	0.18*	0.21*	0.22*	0.23*	0.25*	0.24*	0.24*	0.23*	0.22*	0.11*	0.07*	0.03*	-0.02*	0.00*	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00
Income Taxes	25.0%	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	-2.01
Earnings Before Taxes	-12.6%	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	10.00
EBT Margin	-15.9%	0.16*	0.19*	0.21*	0.22*	0.24*	0.23*	0.23*	0.22*	0.20*	0.09*	0.05*	0.01*	-0.05*	-0.02*	-	-	-	-	-	-	-
Net Income	-15.5%	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	8.00
Net Income Margin	-19.6%	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*	-0.01*	-	-	-	-	-	-	-
Free Cashflow	181.7%	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	25.00	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.6%	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	418
Current Assets	5.1%	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	351
Cash Equivalents	13.0%	234	207	224	230	176	200	180	172	170	152	134	126	137	102	129	101	131	140	112	100	112
Inventory	-5.3%	328	346	352	338	324	308	281	263	243	222	207	201	191	185	172	161	176	70.00	67.00	63.00	97.00
Net PPE	-0.5%	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	19.00
Goodwill	0%	316	316	316	316	316	316	316	316	316	314	314	9.00	307	308	308	308	316	26.00	26.00	26.00	22.00
Liabilities	4.3%	173	166	164	178	198	218	234	250	224	230	217	211	203	193	196	191	185	60.00	62.00	62.00	56.00
Current Liabilities	8.8%	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	45.00
Shareholder's Equity	2.4%	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	362
Retained Earnings	6.7%	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	-6.77
Additional Paid-In Capital	0.4%	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	370
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48.00	46.00	45.00	48.00
Shares Outstanding	0.3%	49.00	49.00	49.00	49.00	49.00	50.00	50.00	49.00	49.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	115.1%	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	-48,314
Share Based Compensation	-7.4%	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	-2,167
Cashflow From Investing	14.4%	-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	33,347
Cashflow From Financing	57.1%	-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	-1,626
Buy Backs	-	-	-	-	3,197	53,717	-11,540	-	-	-	-	-	-	-	500*	18,385	33,614	-	-	-	744	-1,918

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ONTO Income Statement

2023-12-30

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 30, 2023	Dec. 31, 2022	Jan. 01, 2022
Income Statement [Abstract]
Revenue	$ 815,868	$ 1,005,183	$ 788,899
Cost of revenue	395,614	465,962	359,813
Gross profit	420,254	539,221	429,086
Operating expenses:
Research and development	104,442	111,953	96,118
Sales and marketing	61,765	65,688	57,235
General and administrative	83,147	69,582	67,960
Amortization	54,822	55,284	51,366
Total operating expenses	304,176	302,507	272,679
Operating income (loss)	116,078	236,714	(156,407)
Interest income, net	20,356	5,011	1,163
Other income (expense), net	(3,852)	(141)	(1,888)
Income (loss) before provision (benefit) for income taxes	132,582	241,584	(155,682)
Provision (benefit) for income taxes	11,423	18,250	13,333
Net income	$ 121,159	$ 223,334	$ 142,349
Earnings per share:
Basic	$ 2.47	$ 4.52	$ 2.89
Diluted	$ 2.46	$ 4.49	$ 2.86
Weighted average number of shares outstanding:
Basic	48,971	49,424,000	49,242,000
Diluted	49,318,000	49,764,000	49,728,000

ONTO Balance Sheet

2023-12-30

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 30, 2023	Dec. 31, 2022	Jan. 01, 2022
Current Assets:
Cash and cash equivalents	$ 233,508	$ 175,872
Marketable securities	464,303	371,912
Accounts receivable, less allowance of $1,303 at January 1, 2022 and $784 at December 26, 2020	226,556	241,395
Inventories	327,773	324,282
Prepaid expenses and other current assets	31,127	21,411
Total current assets	1,283,267	1,134,872
Property, plant and equipment, net	103,611	91,980
Goodwill	315,811	315,811
Identifiable intangible assets, net	167,375	222,197
Deferred income taxes	18,836	4,778
Other assets	20,812	25,225
Total assets	1,909,712	1,794,863
Current liabilities:
Accounts payable	49,869	54,526
Accrued liabilities	42,062	48,836
Deferred revenue	24,763	30,163
Other current liabilities	31,032	27,033
Total current liabilities	147,726	160,558
Deferred and other tax liabilities	0	7,366
Other non-current liabilities	25,451	30,513
Total liabilities	173,177	198,437
Commitments and contingencies (Note 9)
Stockholders’ equity:
Preferred stock, $0.001 par value, 3,000 shares authorized, no shares issued and outstanding		0	$ 0
Common stock, $0.001 par value, 97,000 shares authorized, 49,300 and 48,758 issued and outstanding at January 1, 2022 and December 26, 2020, respectively.	49	49
Additional paid-in capital	1,262,029	1,243,631
Accumulated other comprehensive income	(7,899)	(10,010)
Accumulated earnings	482,356	362,756
Total stockholders’ equity	1,736,535	1,596,426	$ 1,426,055
Total liabilities and stockholders’ equity	$ 1,909,712	$ 1,794,863

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 Tue May 07 2024, market cap of Onto Innovation Inc is 10.37 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 Tue May 07 2024, ONTO's PE ratio (Price to Earnings) is 85.61 and Price to Sales (PS) ratio is 12.71. 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 0.295 (multiply by 100 for percentage) rate of return.