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Onto Innovation (ONTO) Competitors

$229.32
-0.62 (-0.27%)
(As of 10:39 AM ET)

ONTO vs. TRMB, SNX, ALAB, JNPR, WWD, BRKR, EPAM, MNDY, TOST, and PAYC

Should you be buying Onto Innovation stock or one of its competitors? The main competitors of Onto Innovation include Trimble (TRMB), TD SYNNEX (SNX), Astera Labs (ALAB), Juniper Networks (JNPR), Woodward (WWD), Bruker (BRKR), EPAM Systems (EPAM), monday.com (MNDY), Toast (TOST), and Paycom Software (PAYC). These companies are all part of the "computer and technology" sector.

Onto Innovation vs.

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

In the previous week, Onto Innovation had 2 more articles in the media than Trimble. MarketBeat recorded 9 mentions for Onto Innovation and 7 mentions for Trimble. Onto Innovation's average media sentiment score of 1.25 beat Trimble's score of 1.02 indicating that Onto Innovation is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Onto Innovation
7 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Trimble
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

98.4% of Onto Innovation shares are held by institutional investors. Comparatively, 93.2% of Trimble shares are held by institutional investors. 0.7% of Onto Innovation shares are held by company insiders. Comparatively, 0.5% of Trimble shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Onto Innovation currently has a consensus target price of $242.00, suggesting a potential upside of 5.13%. Trimble has a consensus target price of $66.67, suggesting a potential upside of 19.43%. Given Trimble's higher possible upside, analysts plainly believe Trimble is more favorable than Onto Innovation.

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

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
Onto Innovation$815.87M13.90$121.16M$2.8181.92
Trimble$3.80B3.59$311.30M$0.9658.15

Onto Innovation has a net margin of 16.43% compared to Trimble's net margin of 6.25%. Trimble's return on equity of 12.04% beat Onto Innovation's return on equity.

Company Net Margins Return on Equity Return on Assets
Onto Innovation16.43% 11.48% 10.46%
Trimble 6.25%12.04%5.59%

Trimble received 175 more outperform votes than Onto Innovation when rated by MarketBeat users. Likewise, 68.35% of users gave Trimble an outperform vote while only 67.14% of users gave Onto Innovation an outperform vote.

CompanyUnderperformOutperform
Onto InnovationOutperform Votes
380
67.14%
Underperform Votes
186
32.86%
TrimbleOutperform Votes
555
68.35%
Underperform Votes
257
31.65%

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

Summary

Onto Innovation beats Trimble on 9 of the 16 factors compared between the two stocks.

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$11.34B$19.76B$21.01B$17.68B
Dividend YieldN/A3.52%2.73%3.53%
P/E Ratio81.9226.21261.5625.83
Price / Sales13.9020.17539.3910.26
Price / Cash45.5815.2929.4815.71
Price / Book6.513.806.905.08
Net Income$121.16M$536.75M$618.44M$975.92M
7 Day Performance-0.17%-1.78%-0.31%-1.61%
1 Month Performance21.30%-3.97%3.30%4.32%
1 Year Performance110.76%24.86%28.07%23.08%

Onto Innovation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRMB
Trimble
4.0695 of 5 stars
$57.30
0.0%
$66.67
+16.3%
+18.3%$13.99B$3.80B59.6912,700Positive News
SNX
TD SYNNEX
4.5995 of 5 stars
$127.87
+0.3%
$121.82
-4.7%
+42.2%$11.39B$57.56B18.5623,000Positive News
ALAB
Astera Labs
3.1822 of 5 stars
$73.34
+1.1%
$86.09
+17.4%
N/A$11.42BN/A0.00225
JNPR
Juniper Networks
4.3353 of 5 stars
$34.55
-0.3%
$34.55
0.0%
+12.9%$11.23B$5.56B50.073,374Analyst Forecast
WWD
Woodward
3.9908 of 5 stars
$182.49
+0.7%
$173.13
-5.1%
+71.8%$11.11B$2.91B31.908,800Analyst Forecast
Short Interest ↓
BRKR
Bruker
4.6498 of 5 stars
$76.40
-0.1%
$85.00
+11.3%
+5.9%$11.10B$2.96B27.789,707Short Interest ↑
Gap Down
EPAM
EPAM Systems
4.8761 of 5 stars
$191.22
-0.1%
$282.81
+47.9%
-31.3%$11.09B$4.69B26.1653,150Short Interest ↑
MNDY
monday.com
1.2013 of 5 stars
$241.45
+5.3%
$252.50
+4.6%
+43.9%$11.66B$784.35M635.411,168Positive News
TOST
Toast
1.4961 of 5 stars
$26.54
-1.6%
$25.80
-2.8%
+18.7%$12.02B$4.12B-53.085,500Insider Selling
PAYC
Paycom Software
4.9831 of 5 stars
$179.58
-0.4%
$246.31
+37.2%
-40.6%$10.44B$1.69B21.877,308Analyst Upgrade

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This page (NYSE:ONTO) was last updated on 5/29/2024 by MarketBeat.com Staff

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