(ONTO) Onto Innovation - Ratings and Ratios

Onto Innovation Inc. (NYSE:ONTO) is a leading provider of advanced process control solutions for the semiconductor and related industries. The company specializes in optical metrology and inspection technologies, offering a comprehensive suite of lithography systems, process control software, and analytical tools. Its product portfolio includes standalone systems for optical metrology, macro-defect inspection, packaging lithography, and thin-film measurements, addressing critical needs in semiconductor manufacturing, advanced packaging, and industrial applications. Additionally, Onto Innovation provides enterprise-wide software solutions for process and yield management, enabling manufacturers to optimize production efficiency and reduce costs. The company serves a diverse range of markets, including semiconductor device manufacturers, silicon wafers, LEDs, MEMS, CMOS image sensors, and data storage. Founded in 1940 and headquartered in Wilmington, Massachusetts, Onto Innovation has established itself as a key player in the semiconductor materials and equipment sector.

From a technical perspective, ONTO has shown volatility in recent months, with its SMA 20 and SMA 50 indicating a potential downtrend. The stock is trading below its SMA 200, which may signal bearish sentiment. However, its ATR of 8.66 suggests moderate price movement. Fundamentally, the companys market cap of $5.88 billion reflects its strong position in the industry. The P/E ratio of 29.67 indicates a premium valuation, while the forward P/E of 21.14 suggests expectations of future earnings growth. The P/B ratio of 3.05 highlights its asset valuation, and the P/S ratio of 5.96 shows a significant revenue multiple. The return on equity (RoE) of 10.47% underscores its profitability.