Onto Innovation FY2025 EPS Decreased by Cantor Fitzgerald

Onto Innovation Inc. (NYSE:ONTO) – Stock analysts at Cantor Fitzgerald lowered their FY2025 earnings per share (EPS) estimates for Onto Innovation in a report released on Monday, May 12th. Cantor Fitzgerald analyst M. Prisco now expects that the semiconductor company will earn $5.10 per share for the year, down from their previous estimate of $6.40. Cantor Fitzgerald has a “Neutral” rating and a $135.00 price objective on the stock. The consensus estimate for Onto Innovation’s current full-year earnings is $6.26 per share.

Onto Innovation (NYSE:ONTO) last announced its quarterly earnings results on Thursday, May 8th. The semiconductor company reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.04. Onto Innovation had a net margin of 20.43% and a return on equity of 14.24%. The business had revenue of $267.00 million for the quarter, compared to the consensus estimate of $267.03 million. During the same period last year, the company posted $1.18 EPS. Onto Innovation’s revenue for the quarter was up 16.5% on a year-over-year basis.

ONTO has been the topic of several other research reports. Jefferies Financial Group dropped their price objective on Onto Innovation from $245.00 to $175.00 and set a “buy” rating on the stock in a research note on Friday, March 28th. Stifel Nicolaus cut their price objective on Onto Innovation from $200.00 to $180.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. StockNews.com cut Onto Innovation from a “hold” rating to a “sell” rating in a research note on Friday, May 9th. Oppenheimer cut their price target on shares of Onto Innovation from $150.00 to $130.00 and set an “outperform” rating on the stock in a research note on Friday, May 9th. Finally, Needham & Company LLC dropped their price objective on shares of Onto Innovation from $230.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, May 9th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $177.14.

Onto Innovation Stock Performance

ONTO opened at $102.71 on Wednesday. The firm’s fifty day moving average is $121.87 and its two-hundred day moving average is $157.92. The firm has a market cap of $5.02 billion, a PE ratio of 25.30, a price-to-earnings-growth ratio of 0.89 and a beta of 1.55. Onto Innovation has a twelve month low of $85.88 and a twelve month high of $238.93.

Institutional Trading of Onto Innovation

Institutional investors have recently made changes to their positions in the business. Kestra Investment Management LLC bought a new stake in Onto Innovation during the 4th quarter worth about $26,000. Mather Group LLC. raised its holdings in Onto Innovation by 209.4% during the fourth quarter. Mather Group LLC. now owns 164 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 111 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in Onto Innovation by 177.6% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 236 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 151 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in Onto Innovation in the first quarter valued at approximately $29,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its holdings in Onto Innovation by 79.4% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 244 shares of the semiconductor company’s stock worth $30,000 after buying an additional 108 shares during the last quarter. Institutional investors own 98.35% of the company’s stock.

Onto Innovation Company Profile

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.