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Onto Innovation (ONTO) Stock Moves 2.84%: What You Should Know

Zacks Investment Research·
Onto Innovation (ONTO) Stock Moves 2.84%: What You Should Know

Onto Innovation (ONTO) closed at $283.81, up 2.84% from the previous day. The semiconductor equipment maker has a Zacks Rank #1 (Strong Buy) rating with projected EPS growth of 146.74% and revenue growth of 79.05% for the upcoming quarter. The stock trades at a Forward P/E of 34.33, in line with its industry average, and the Nanotechnology industry ranks in the top 1% of all industries.

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