Onto Innovation (NYSE:ONTO) Updates Q1 2025 Earnings Guidance

Onto Innovation (NYSE:ONTO) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.400-1.540 for the period, compared to the consensus EPS estimate of 1.490. The company issued revenue guidance of $260.0 million-$274.0 million, compared to the consensus revenue estimate of $267.4 million.

Onto Innovation Price Performance

NYSE ONTO traded down $22.79 during mid-day trading on Friday, reaching $187.81. The stock had a trading volume of 2,199,640 shares, compared to its average volume of 884,934. The stock has a market cap of $9.28 billion, a PE ratio of 46.26, a price-to-earnings-growth ratio of 1.09 and a beta of 1.31. Onto Innovation has a 1 year low of $145.15 and a 1 year high of $238.93. The company has a fifty day moving average price of $186.01 and a 200 day moving average price of $190.24.

Onto Innovation (NYSE:ONTO) last announced its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.10. Onto Innovation had a net margin of 20.43% and a return on equity of 14.41%. As a group, equities research analysts expect that Onto Innovation will post 6.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ONTO shares. Stifel Nicolaus cut their price objective on Onto Innovation from $270.00 to $250.00 and set a “buy” rating for the company in a report on Friday. Jefferies Financial Group cut their price target on Onto Innovation from $265.00 to $245.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Needham & Company LLC reiterated a “buy” rating and issued a $230.00 price objective on shares of Onto Innovation in a research note on Friday. Cantor Fitzgerald restated an “overweight” rating and set a $250.00 target price on shares of Onto Innovation in a research report on Friday. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $275.00 target price on shares of Onto Innovation in a report on Tuesday, December 17th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $251.25.

Insider Transactions at Onto Innovation

In related news, SVP Srinivas Vedula sold 827 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $205.00, for a total transaction of $169,535.00. Following the completion of the sale, the senior vice president now owns 15,223 shares in the company, valued at approximately $3,120,715. This trade represents a 5.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Michael P. Plisinski sold 30,000 shares of the business’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $211.24, for a total value of $6,337,200.00. Following the completion of the transaction, the chief executive officer now directly owns 185,492 shares in the company, valued at approximately $39,183,330.08. This represents a 13.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 85,827 shares of company stock valued at $18,182,185 over the last three months. Corporate insiders own 0.72% of the company’s stock.

About Onto Innovation

Onto Innovation Inc engages in the design, development, manufacture, and support of process control tools that performs optical metrology. The company offers lithography systems and process control analytical software. It also 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.