Onto Innovation Inc. (ONTO) in Flanders, N.J. engages in the design, development, manufacture, and support of process control tools that perform macro defect inspection and metrology, lithography systems, and process control analytical software worldwide. ONTO’s shares have gained 42.6% in price over the past year and 20.7% over the past six months.
However, the stock has slumped 13.2% year-to-date to close the last trading session at $87.85. But Wall Street’s median price target of $118.75 indicates a potential 35.2% upside from the previous closing price.
