On Holding AG (NYSE: ONON) Not A Good Play Anymore?

On Holding AG (ONON) concluded trading on Wednesday at a closing price of $44.92, with 4.88 million shares of worth about $219.27 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.43% during that period and on April 03, 2025 the price saw a gain of about 5.20%. Currently the company’s common shares owned by public are about 289.30M shares, out of which, 216.79M shares are available for trading.

Stock saw a price change of -2.45% in past 5 days and over the past one month there was a price change of -11.28%. Year-to-date (YTD), ONON shares are showing a performance of -17.98% which increased to 27.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $29.84 but also hit the highest price of $64.05 during that period. The average intraday trading volume for On Holding AG shares is 4.37 million. The stock is currently trading -2.60% below its 20-day simple moving average (SMA20), while that difference is down -12.56% for SMA50 and it goes to -8.13% lower than SMA200.

On Holding AG (NYSE: ONON) currently have 289.30M outstanding shares and institutions hold larger chunk of about 52.24% of that.

The stock has a current market capitalization of $14.55B and its 3Y-monthly beta is at 2.33. PE ratio of stock for trailing 12 months is 53.37, while it has posted earnings per share of $0.84 in the same period. Its PEG reads 2.73 and has Quick Ratio of 2.03 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 5.20% while standing at 5.00% over the month.

Stock’s fiscal year EPS is expected to rise by 1.54% while it is estimated to increase by 32.52% 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 Jefferies on April 01, 2025 offering a Hold rating for the stock and assigned a target price of $44 to it. Coverage by HSBC Securities stated On Holding AG (ONON) stock as a Buy in their note to investors on March 11, 2025, suggesting a price target of $58 for the stock. On February 12, 2025, Goldman Downgrade their recommendations, while on January 07, 2025, BofA Securities Resumed their ratings for the stock with a price target of $73. Stock get a Neutral rating from Citigroup on December 18, 2024.

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