Pitcairn Co. Sells 699 Shares of Onto Innovation Inc.

ONTO Stock  USD 164.18  3.14  1.95%   
About 52% of Onto Innovation's investors are presently thinking to get in. The analysis of overall sentiment of trading Onto Innovation stock suggests that some investors are interested at this time. Onto Innovation's investing sentiment overview a quick insight into current market opportunities from investing in Onto Innovation. Many technical investors use Onto Innovation stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Pitcairn Co. reduced its position in Onto Innovation Inc. by 20.2 percent in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 2,759 shares of the semiconductor companys stock after selling 699 shares during the period. Pitcairn Co.s holdings in Onto Innovation were worth 573,000 as

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Onto Innovation Current Investor Sentiment

Panic Vs Confidence

52

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Onto Innovation's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Onto Innovation.

Onto Innovation Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Onto Innovation can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Onto Innovation Historical Investor Sentiment

Investor biases related to Onto Innovation's public news can be used to forecast risks associated with an investment in Onto. The trend in average sentiment can be used to explain how an investor holding Onto can time the market purely based on public headlines and social activities around Onto Innovation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Onto Innovation's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Onto Innovation and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Onto Innovation news discussions. The higher the estimate score, the more favorable the investor's outlook on Onto Innovation.

Onto Innovation Fundamental Analysis

We analyze Onto Innovation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Onto Innovation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Onto Innovation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Shares Outstanding

Shares Outstanding Comparative Analysis

Onto Innovation is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Onto Innovation Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Onto Innovation stock to make a market-neutral strategy. Peer analysis of Onto Innovation could also be used in its relative valuation, which is a method of valuing Onto Innovation by comparing valuation metrics with similar companies.

Peers

Onto Innovation Related Equities

CAMTCamtek   3.63   
0%
100.0%
LRCXLam Research   3.23   
0%
88.0%
PLABPhotronics   3.02   
0%
83.0%
UCTTUltra Clean   2.73   
0%
75.0%
KLACKLA Tencor   2.36   
0%
65.0%
KLICKulicke   2.13   
0%
58.0%
ICHRIchor Holdings   1.87   
0%
51.0%
TERTeradyne   1.77   
0%
48.0%
COHUCohu   1.62   
0%
44.0%
AEHRAehr Test   1.36   
0%
37.0%
ACLSAxcelis Technologies   0.99   
0%
27.0%
IPGPIPG Photonics   0.96   
0%
26.0%
VECOVeeco Instruments   0.87   
0%
23.0%
ASYSAmtech Systems   0.71   
0%
19.0%
When determining whether Onto Innovation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Onto Innovation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Onto Innovation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Onto Innovation Stock:
Check out Onto Innovation Hype Analysis, Onto Innovation Correlation and Onto Innovation Performance.
To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Onto Innovation. If investors know Onto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Onto Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.466
Earnings Share
3.69
Revenue Per Share
19.124
Quarterly Revenue Growth
0.217
Return On Assets
0.055
The market value of Onto Innovation is measured differently than its book value, which is the value of Onto that is recorded on the company's balance sheet. Investors also form their own opinion of Onto Innovation's value that differs from its market value or its book value, called intrinsic value, which is Onto Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Onto Innovation's market value can be influenced by many factors that don't directly affect Onto Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Onto Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onto Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onto Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.