Currently, there are 288.76M common shares owned by the public and among those 215.58M shares have been available to trade.
The company’s stock has a 5-day price change of 4.61% and -12.56% over the past three months. ONON shares are trading -7.56% year to date (YTD), with the 12-month market performance up to 44.57% 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 3.63 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 -3.32%, -8.57%, and 4.84% respectively.
Institutional ownership of On Holding AG (NYSE: ONON) shares accounts for 52.25% of the company’s 288.76M shares outstanding.
It has a market capitalization of $16.37B and a beta (3y monthly) value of 2.34. The stock’s trailing 12-month PE ratio is 115.91, while the earnings-per-share (ttm) stands at $0.44. The company has a PEG of 5.08 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 5.34% over the week and 4.90% over the month.
Earnings per share for the fiscal year are expected to decrease by -2.27%, and 36.22% over the next financial year.
Looking at the support for the ONON, a number of firms have released research notes about the stock. Goldman stated their Neutral rating for the stock in a research note on February 12, 2025, with the firm’s price target at $57. BofA Securities coverage for the On Holding AG (ONON) stock in a research note released on January 07, 2025 offered a Buy rating with a price target of $73. Citigroup was of a view on December 18, 2024 that the stock is Neutral, while Needham gave the stock Buy rating on November 22, 2024, issuing a price target of $64. Raymond James on their part issued Strong Buy rating on November 21, 2024.
