Onto Innovation (ONTO) Competitors

$208.29
+2.14 (+1.04%)
(As of 05/9/2024 ET)

ONTO vs. TRMB, PAYC, WWD, SNX, TOST, CYBR, DOX, BRKR, FFIV, and ZG

Should you be buying Onto Innovation stock or one of its competitors? The main competitors of Onto Innovation include Trimble (TRMB), Paycom Software (PAYC), Woodward (WWD), TD SYNNEX (SNX), Toast (TOST), CyberArk Software (CYBR), Amdocs (DOX), Bruker (BRKR), F5 (FFIV), and Zillow Group (ZG). These companies are all part of the "computer and technology" sector.

Onto Innovation vs.

Trimble (NASDAQ:TRMB) and Onto Innovation (NYSE:ONTO) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, risk, media sentiment, valuation, earnings, institutional ownership, analyst recommendations, dividends and community ranking.

Trimble received 178 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.31% of users gave Trimble an outperform vote while only 67.02% of users gave Onto Innovation an outperform vote.

CompanyUnderperformOutperform
TrimbleOutperform Votes
554
68.31%
Underperform Votes
257
31.69%
Onto InnovationOutperform Votes
376
67.02%
Underperform Votes
185
32.98%

In the previous week, Trimble had 26 more articles in the media than Onto Innovation. MarketBeat recorded 38 mentions for Trimble and 12 mentions for Onto Innovation. Trimble's average media sentiment score of 1.14 beat Onto Innovation's score of 0.54 indicating that Onto Innovation is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Trimble
8 Very Positive mention(s)
8 Positive mention(s)
14 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Onto Innovation
6 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

93.2% of Trimble shares are held by institutional investors. Comparatively, 98.3% of Onto Innovation shares are held by institutional investors. 0.5% of Trimble shares are held by insiders. Comparatively, 0.7% of Onto Innovation shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Trimble has higher revenue and earnings than Onto Innovation. Trimble is trading at a lower price-to-earnings ratio than Onto Innovation, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Trimble$3.84B3.61$311.30M$0.9659.15
Onto Innovation$815.87M12.54$121.16M$2.4684.67

Trimble currently has a consensus price target of $66.67, indicating a potential upside of 17.41%. Onto Innovation has a consensus price target of $191.60, indicating a potential downside of 8.01%. Given Onto Innovation's stronger consensus rating and higher probable upside, research analysts plainly believe Trimble is more favorable than Onto Innovation.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Trimble
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Onto Innovation
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

Onto Innovation has a net margin of 14.85% compared to Onto Innovation's net margin of 6.25%. Onto Innovation's return on equity of 12.04% beat Trimble's return on equity.

Company Net Margins Return on Equity Return on Assets
Trimble6.25% 12.04% 5.59%
Onto Innovation 14.85%10.95%9.94%

Trimble has a beta of 1.51, meaning that its share price is 51% more volatile than the S&P 500. Comparatively, Onto Innovation has a beta of 1.4, meaning that its share price is 40% more volatile than the S&P 500.

Summary

Trimble beats Onto Innovation on 10 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ONTO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ONTO vs. The Competition

MetricOnto InnovationMeasuring & controlling devices IndustryComputer SectorNYSE Exchange
Market Cap$10.23B$19.95B$20.06B$17.78B
Dividend YieldN/A3.34%2.78%3.51%
P/E Ratio84.6726.10243.1125.10
Price / Sales12.5422.53529.4211.03
Price / Cash39.2514.6528.5915.59
Price / Book5.893.826.825.09
Net Income$121.16M$536.75M$633.21M$968.04M
7 Day Performance6.46%1.94%1.42%2.59%
1 Month Performance10.91%-4.04%-0.76%-0.55%
1 Year Performance143.87%37.65%30.55%103.03%

Onto Innovation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRMB
Trimble
4.602 of 5 stars
$57.00
+1.4%
$66.67
+17.0%
+20.1%$13.72B$3.84B59.3812,700
PAYC
Paycom Software
4.9523 of 5 stars
$176.47
+1.2%
$246.31
+39.6%
-35.4%$10.25B$1.69B21.497,308Gap Down
WWD
Woodward
3.7631 of 5 stars
$176.45
+1.9%
$173.13
-1.9%
+64.3%$10.64B$2.91B30.858,800High Trading Volume
SNX
TD SYNNEX
4.7936 of 5 stars
$120.17
+0.4%
$121.82
+1.4%
+38.2%$10.71B$57.56B17.4423,000
TOST
Toast
1.9028 of 5 stars
$23.73
+0.7%
$24.32
+2.5%
+37.8%$10.71B$3.87B-46.535,500Earnings Report
Analyst Forecast
Insider Selling
Analyst Revision
CYBR
CyberArk Software
2.7549 of 5 stars
$237.47
+0.8%
$265.63
+11.9%
+71.4%$10.04B$751.89M-371.053,018Gap Down
DOX
Amdocs
4.9605 of 5 stars
$85.05
+0.1%
$108.60
+27.7%
-8.0%$10.00B$4.89B18.2130,695Analyst Forecast
News Coverage
Gap Down
BRKR
Bruker
4.9384 of 5 stars
$74.33
+2.5%
$84.86
+14.2%
-0.1%$10.80B$2.96B27.039,707High Trading Volume
FFIV
F5
4.0358 of 5 stars
$168.32
-0.2%
$185.10
+10.0%
+26.9%$9.90B$2.81B20.166,524Insider Selling
ZG
Zillow Group
4.3752 of 5 stars
$42.36
+3.2%
$57.40
+35.5%
-8.9%$9.89B$1.95B-61.396,263

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This page (NYSE:ONTO) was last updated on 5/10/2024 by MarketBeat.com Staff

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