On Holding AG (NYSE: ONON) has a higher price-to-earnings ratio of 137.25x compared to its average ratio. ONON has 36-month beta value of 2.30. Analysts have mixed views on the stock, with 16 analysts rating it as a “buy,” 8 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for ONON is 213.21M, and currently, short sellers hold a 8.44% ratio of that float. The average trading volume of ONON on January 22, 2025 was 3.25M shares.
ONON) stock’s latest price update
The stock of On Holding AG (NYSE: ONON) has increased by 3.40 when compared to last closing price of 57.98.Despite this, the company has seen a gain of 8.25% in its stock price over the last five trading days. zacks.com reported 2025-01-21 that ONON benefits from expanded retail presence and solid brand partnerships. However, elevated marketing expenses are concerns.
ONON’s Market Performance
On Holding AG (ONON) has seen a 8.25% rise in stock performance for the week, with a 5.84% gain in the past month and a 24.48% surge in the past quarter. The volatility ratio for the week is 3.93%, and the volatility levels for the past 30 days are at 3.50% for ONON. The simple moving average for the past 20 days is 7.03% for ONON’s stock, with a 33.11% simple moving average for the past 200 days.
Analysts’ Opinion of ONON
Many brokerage firms have already submitted their reports for ONON stocks, with BofA Securities repeating the rating for ONON by listing it as a “Buy.” The predicted price for ONON in the upcoming period, according to BofA Securities is $73 based on the research report published on January 07, 2025 of the current year 2025.
Citigroup, on the other hand, stated in their research note that they expect to see ONON reach a price target of $65. The rating they have provided for ONON stocks is “Neutral” according to the report published on December 18th, 2024.
Needham gave a rating of “Buy” to ONON, setting the target price at $64 in the report published on November 22nd of the previous year.
ONON Trading at 7.62% 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 -0.28% of loss for the given period.
Volatility was left at 3.50%, however, over the last 30 days, the volatility rate increased by 3.93%, as shares surge +9.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.21% upper at present.
During the last 5 trading sessions, ONON rose by +8.25%, which changed the moving average for the period of 200-days by +80.68% in comparison to the 20-day moving average, which settled at $56.01. In addition, On Holding AG saw 9.46% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ONON starting from Olivier Bernhard, who proposed sale 234,050 shares at the price of $54.62 back on Jan 06 ’25. After this action, Olivier Bernhard now owns shares of On Holding AG, valued at $12,783,811 using the latest closing price.
Marc Maurer, the Officer of On Holding AG, proposed sale 68,653 shares at $54.62 during a trade that took place back on Jan 06 ’25, which means that Marc Maurer is holding shares at $3,749,827 based on the most recent closing price.
Stock Fundamentals for ONON
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.6 for the gross margin
The net margin for On Holding AG stands at 0.06. The total capital return value is set at 0.13. Equity return is now at value 10.66, with 6.59 for asset returns.
Currently, EBITDA for the company is 141.0 million with net debt to EBITDA at -3.15. When we switch over and look at the enterprise to sales, we see a ratio of 7.73. The receivables turnover for the company is 6.71for trailing twelve months and the total asset turnover is 1.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.91.
Conclusion
To put it simply, On Holding AG (ONON) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
