Onto Innovation Sees Larger Market Dip Amid Broader Market Losses: Key Facts to Know

Onto Innovation (ONTO) stock fell 4.44% to $200.17, underperforming the S&P 500's 1.51% loss. Analysts expect a 12.58% EPS drop and 5.27% revenue growth in the upcoming earnings disclosure. The Zacks Consensus Estimate forecasts $6.41 EPS and $1.22 billion revenue for the year, indicating changes of +29.76% and +21.22% compared to the previous year. ONTO holds a Zacks Rank of #2 (Buy) and a Forward P/E ratio of 32.7, with a PEG ratio of 1.09.