Onto Innovation Sees 7.2% Earnings Estimate Rise, Shares Surge 52.1%
Onto Innovation's Zacks Consensus Estimate for current year earnings increased 7.2% over the past 60 days and the company holds a Zacks Rank #1. Its shares have risen 52.1% over the last three months, outperforming the S&P 500's 1.7% decline, and carry a Momentum Score of A.
1. Earnings Estimate Upgrades
Onto Innovation's Zacks Consensus Estimate for current year earnings has risen 7.2% over the past 60 days, reflecting an improved analyst outlook that earned the company a Zacks Rank #1 status.
2. Share Price Momentum
Over the last three months, Onto Innovation's share price climbed 52.1%, significantly outperforming the S&P 500's 1.7% decline, and the stock holds a Momentum Score of A indicating strong upward trends.
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