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

Onto Innovation (NYSE:ONTO) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.400-1.540 for the period, compared to the consensus earnings per share 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 Trading Up 0.6 %

Shares of Onto Innovation stock traded up $1.16 during trading hours on Thursday, reaching $210.86. The stock had a trading volume of 1,398,435 shares, compared to its average volume of 900,825. The firm has a market capitalization of $10.41 billion, a price-to-earnings ratio of 57.14, a P/E/G ratio of 1.06 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 firm has a 50 day simple moving average of $184.54 and a two-hundred day simple moving average of $190.24.

Onto Innovation (NYSE:ONTO) last posted its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $1.51 EPS for the quarter, beating the consensus estimate of $1.41 by $0.10. Onto Innovation had a net margin of 19.44% and a return on equity of 13.38%. Sell-side analysts forecast that Onto Innovation will post 5.22 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on ONTO shares. Oppenheimer reissued an “outperform” rating and issued a $275.00 price objective on shares of Onto Innovation in a research report on Tuesday, December 17th. Benchmark reiterated a “buy” rating and set a $230.00 target price on shares of Onto Innovation in a report on Friday, November 1st. Cantor Fitzgerald initiated coverage on Onto Innovation in a report on Monday, January 13th. They issued an “overweight” rating and a $250.00 price target for the company. Jefferies Financial Group lowered their price objective on shares of Onto Innovation from $265.00 to $245.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Finally, Needham & Company LLC reduced their target price on shares of Onto Innovation from $245.00 to $230.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $253.75.

Insider Transactions at Onto Innovation

In related news, SVP Srinivas Vedula sold 827 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $205.00, for a total transaction of $169,535.00. Following the transaction, the senior vice president now directly owns 15,223 shares in the company, valued at $3,120,715. This trade represents a 5.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Michael P. Plisinski sold 35,000 shares of the stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $219.19, for a total transaction of $7,671,650.00. Following the sale, the chief executive officer now directly owns 150,492 shares in the company, valued at $32,986,341.48. This trade represents a 18.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 85,827 shares of company stock valued at $18,182,185. 0.72% of the stock is currently owned by corporate insiders.

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.