Currently, there are 289.30M common shares owned by the public and among those 215.99M shares have been available to trade.
The company’s stock has a 5-day price change of -10.78% and -23.92% over the past three months. ONON shares are trading -17.53% year to date (YTD), with the 12-month market performance up to 41.07% 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 3.93 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 -9.32%, -17.17%, and -6.96% respectively.
Institutional ownership of On Holding AG (NYSE: ONON) shares accounts for 52.17% of the company’s 289.30M shares outstanding.
It has a market capitalization of $14.63B and a beta (3y monthly) value of 2.32. The stock’s trailing 12-month PE ratio is 53.67, while the earnings-per-share (ttm) stands at $0.84. The company has a PEG of 2.64 and a Quick Ratio of 2.03 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 5.48% over the week and 5.13% over the month.
Earnings per share for the fiscal year are expected to increase by 0.73%, and 35.33% over the next financial year.
Looking at the support for the ONON, a number of firms have released research notes about the stock. HSBC Securities stated their Buy rating for the stock in a research note on March 11, 2025, with the firm’s price target at $58. Goldman coverage for the On Holding AG (ONON) stock in a research note released on February 12, 2025 offered a Neutral rating with a price target of $57. BofA Securities was of a view on January 07, 2025 that the stock is Buy, while Citigroup gave the stock Neutral rating on December 18, 2024, issuing a price target of $65. Needham on their part issued Buy rating on November 22, 2024.
