Onto Innovation (ONTO) closed the latest trading day at $193.56, indicating a +0.61% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 1.11%. Meanwhile, the Dow lost 0.42%, and the Nasdaq, a tech-heavy index, lost 1.89%.Prior to today's trading, shares of the maker of semiconductor manufacturing equipment had gained 13.85% over the past month. This has outpaced the Computer and Technology sector's gain of 1.83% and the S&P 500's loss of 1.7% in that time.Ma ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Onto Innovation (ONTO) .Onto Innovation currently has an average ...

If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!Over the summer, I felt that rosy prospects for Onto Innovation (NYSE: ONTO ) were aggressively priced into the stock. The semiconductor process control company delivers on better yields, performa ...

Onto Innovation Inc. (ONTO) reported third-quarter 2024 earnings of $1.34 per share, which beat the Zacks Consensus Estimate by 2.3%. The bottom line compared favorably with the prior-year quarter's 96 cents.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues of $252 million beat the Zacks Consensus Estimate by 0.7%. The top line expanded 21.7% year over year, driven by advanced nodes recovery and steady growth in advanced packaging technologies, which are critical in supportin ...

Onto Innovation Inc. (NYSE:ONTO) Q3 2024 Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants Sidney Ho - Investor Relations Michael Plisinski - Chief Executive Officer Mark Slicer - Chief Financial Officer Conference Call Participants Brian Chin - Stifel Vedvati Shrotre - Evercore ISI Edward Yang - Oppenheimer Charles Shi - Needham Mark Miller - The Benchmark Company David Duley - Steelhead Securities Operator Ladies and gentlemen, good day, and welcome to the Onto Innovation Third Qua ...

Onto Innovation (ONTO) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $0.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.29%. A quarter ago, it was expected that this maker of semiconductor manufacturing equipment would post earnings of $1.19 per share when it actually produced earnings of $1.32, delivering a surprise of 10.92%.Ove ...

EXHIBIT 99.1 Onto Innovation Reports 2024 Third Quarter Results Solid execution drives revenue, gross margin and EPS in the upper half of guidance Wilmington, Mass., October 31, 2024 – Onto Innovation Inc. (NYSE: ONTO) ("Onto Innovation," "Onto," or the "Company") today announced financial results for the third fiscal quarter of 2024. Third Quarter Financial Highlights • Revenue of $252 million led by a recovery in advanced nodes and continued strength in advanced packaging supporting strong AI demand. • GA ...

Onto Innovation (ONTO) is set to report earnings for the third quarter of 2024 on Oct. 31, after the closing bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for third-quarter earnings per share (EPS) has been steady at $1.31 in the past 60 days, suggesting growth of 36.5% from the year-ago quarter’s figure. The company expects non-GAAP EPS in the $1.25-$1.35 range.The consensus mark for revenues is pegged at $250.5 million, indicating a rise of 20.9 ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Onto Innovation (ONTO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question. Onto Innovation is one of 620 individual stocks i ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...