With 1.33 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.65 million shares. During the session, the Semiconductor Equipment & Materials company that operates in wider Technology sector, reached to the highest price of $181.945 whereas the lowest price it dropped to was $172.72. The 52-week range on ONTO shows that it touched its highest point at $238.93 and its lowest point at $115.07 during that stretch. It currently has a 1-year price target of $255.00. Beta for the stock currently stands at 1.38.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ONTO was down-trending over the past week, with a drop of -14.48%, but this was down by -17.27% over a month. Three-month performance surged to 2.65% while six-month performance fell -17.11%. The stock gained 47.42% in the past year, while it has gained 13.11% so far this year. A look at the trailing 12-month EPS for ONTO yields 3.69 with Next year EPS estimates of 6.70. For the next quarter, that number is 1.41. This implies an EPS growth rate of 40.38% for this year and 27.98% for next year. EPS is expected to grow by 30.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.12%.
Float and Shares Shorts:
At present, 49.09 million ONTO shares are outstanding with a float of 48.98 million shares on hand for trading. On 2024-10-15, short shares totaled 1.27 million, which was 257.0 higher than short shares on 1726185600. In addition to Mr. Michael P. Plisinski as the firm’s CEO & Director, Mr. Mark R. Slicer serves as its Senior VP & CFO.
Institutional Ownership:
Through their ownership of 0.98453003 of ONTO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-28, ONTO reported revenue of $252210000.0 and operating income of $53072000.0. The EBITDA in the recently reported quarter was $70787000.0 and diluted EPS was $1.07.
