Currently, there are 288.76M common shares owned by the public and among those 212.69M shares have been available to trade.
The company’s stock has a 5-day price change of -7.49% and 7.13% over the past three months. ONON shares are trading -1.46% year to date (YTD), with the 12-month market performance up to 88.90% higher. It has a 12-month low price of $27.37 and touched a high of $64.05 over the same period. ONON has an average intraday trading volume of 3.40 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -7.98%, -6.06%, and 14.71% respectively.
Institutional ownership of On Holding AG (NYSE: ONON) shares accounts for 53.73% of the company’s 288.76M shares outstanding.
It has a market capitalization of $17.28B and a beta (3y monthly) value of 2.31. The stock’s trailing 12-month PE ratio is 123.56, while the earnings-per-share (ttm) stands at $0.44. The company has a PEG of 2.37 and a Quick Ratio of 2.25 with the debt-to-equity ratio at 0.29. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.89% over the week and 4.18% over the month.
Earnings per share for the fiscal year are expected to increase by 132.57%, and 13.44% over the next financial year.
Looking at the support for the ONON, a number of firms have released research notes about the stock. BofA Securities stated their Buy rating for the stock in a research note on January 07, 2025, with the firm’s price target at $73. Citigroup coverage for the On Holding AG (ONON) stock in a research note released on December 18, 2024 offered a Neutral rating with a price target of $65. Needham was of a view on November 22, 2024 that the stock is Buy, while Raymond James gave the stock Strong Buy rating on November 21, 2024, issuing a price target of $58- $63. BTIG Research on their part issued Buy rating on November 13, 2024.
