Onto Innovation (ONTO) closed at $116.00, down 3.8% from the previous session, underperforming the S&P 500. The stock has risen 12.11% in the past month, surpassing the sector and S&P 500 gains. Analysts expect a 33.58% decrease in EPS and a 13.47% drop in quarterly revenue for Onto Innovation’s upcoming report.

Investors should note recent analyst estimate changes for Onto Innovation, with a Zacks Rank #4 (Sell). The stock is currently trading at a Forward P/E ratio of 24.52, in line with the industry average. Nanotechnology stocks have a PEG ratio of 0.82, and the Nanotechnology industry ranks in the bottom 6% of over 250 industries.

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Read more at Nasdaq: Onto Innovation (ONTO) Sees a More Significant Dip Than Broader Market: Some Facts to Know