On Holding AG (ONON) Outlook Starting To Look Brighter?

On Holding AG (ONON) concluded trading on Thursday at a closing price of $51.21, with 4.25 million shares of worth about $217.58 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 20.64% during that period and on February 20, 2025 the price saw a loss of about -1.65%. Currently the company’s common shares owned by public are about 288.76M shares, out of which, 213.20M shares are available for trading.

Stock saw a price change of -5.24% in past 5 days and over the past one month there was a price change of -14.58%. Year-to-date (YTD), ONON shares are showing a performance of -6.50% which increased to 61.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.37 but also hit the highest price of $64.05 during that period. The average intraday trading volume for On Holding AG shares is 3.29 million. The stock is currently trading -10.63% below its 20-day simple moving average (SMA20), while that difference is down -9.68% for SMA50 and it goes to 7.45% higher than SMA200.

On Holding AG (NYSE: ONON) currently have 288.76M outstanding shares and institutions hold larger chunk of about 52.76% of that.

The stock has a current market capitalization of $16.39B and its 3Y-monthly beta is at 2.29. PE ratio of stock for trailing 12 months is 117.24, while it has posted earnings per share of $0.44 in the same period. Its PEG reads 2.26 and has Quick Ratio of 2.25 while making debt-to-equity ratio of 0.29. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ONON, volatility over the week remained 4.18% while standing at 4.38% over the month.

Stock’s fiscal year EPS is expected to rise by 130.83% while it is estimated to increase by 13.46% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on February 12, 2025 offering a Neutral rating for the stock and assigned a target price of $57 to it. Coverage by BofA Securities stated On Holding AG (ONON) stock as a Buy in their note to investors on January 07, 2025, suggesting a price target of $73 for the stock. On December 18, 2024, Citigroup Initiated their recommendations, while on November 22, 2024, Needham Initiated their ratings for the stock with a price target of $64. Stock get a Strong buy rating from Raymond James on November 21, 2024.

Most Popular

Related Posts