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On Holding AG (ONON) Stock: Evaluating the Market Performance

The price-to-earnings ratio for On Holding AG (NYSE: ONON) is 210.21x, which is above its average ratio. Moreover, the 36-month beta value for ONON is 2.26. Analysts have varying opinions on the stock, with 11 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 1 as “sell.”

The average price recommended by analysts for On Holding AG (ONON) is $31.11, which is $5.92 above the current market price. The public float for ONON is 189.32M and currently, short sellers hold a 9.21% of that float. On September 19, 2023, ONON’s average trading volume was 4.02M shares.

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ONON) stock’s latest price update

On Holding AG (NYSE: ONON)’s stock price has gone rise by 1.07 in comparison to its previous close of 29.95, however, the company has experienced a 0.93% increase in its stock price over the last five trading days. The Motley Fool reported 2023-09-01 that On Holding’s running shoes continue their growth streak, and the company is profitable. Currency exchange losses last quarter seem to have affected the stock as of late.

ONON’s Market Performance

On Holding AG (ONON) has experienced a 0.93% rise in stock performance for the past week, with a -1.27% drop in the past month, and a 1.14% rise in the past quarter. The volatility ratio for the week is 4.21%, and the volatility levels for the past 30 days are at 4.05% for ONON. The simple moving average for the past 20 days is 2.79% for ONON’s stock, with a 11.99% simple moving average for the past 200 days.

ONON Trading at -6.32% from the 50-Day Moving Average

After a stumble in the market that brought ONON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.37% of loss for the given period.

Volatility was left at 4.05%, however, over the last 30 days, the volatility rate increased by 4.21%, as shares surge +0.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.69% lower at present.

During the last 5 trading sessions, ONON rose by +0.93%, which changed the moving average for the period of 200-days by +64.15% in comparison to the 20-day moving average, which settled at $29.45. In addition, On Holding AG saw 76.40% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for ONON

Current profitability levels for the company are sitting at:

  • +6.96 for the present operating margin
  • +52.77 for the gross margin

The net margin for On Holding AG stands at +4.72. The total capital return value is set at 7.55, while invested capital returns managed to touch 5.22. Equity return is now at value 4.20, with 2.80 for asset returns.

Based on On Holding AG (ONON), the company’s capital structure generated 17.53 points at debt to equity in total, while total debt to capital is 14.92. Total debt to assets is 12.14, with long-term debt to equity ratio resting at 14.32. Finally, the long-term debt to capital ratio is 12.18.

When we switch over and look at the enterprise to sales, we see a ratio of 5.58, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 6.48 and the total asset turnover is 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.33.


To wrap up, the performance of On Holding AG (ONON) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.