The price-to-earnings ratio for On Holding AG (NYSE: ONON) is 133.72x, which is above its average ratio. Moreover, the 36-month beta value for ONON is 2.31. Analysts have varying opinions 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 7.76% of that float. On February 03, 2025, ONON’s average trading volume was 3.35M shares.
ONON) stock’s latest price update
The stock price of On Holding AG (NYSE: ONON) has plunged by -2.46 when compared to previous closing price of 59.88, but the company has seen a -2.49% decline in its stock price over the last five trading sessions. zacks.com reported 2025-01-30 that The latest trading day saw On Holding (ONON) settling at $63.62, representing a +0.92% change from its previous close.
ONON’s Market Performance
On Holding AG (ONON) has seen a -2.49% fall in stock performance for the week, with a 6.64% gain in the past month and a 19.67% surge in the past quarter. The volatility ratio for the week is 4.27%, and the volatility levels for the past 30 days are at 3.75% for ONON. The simple moving average for the last 20 days is 0.38% for ONON stock, with a simple moving average of 26.13% for the last 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 1.86% 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 -8.81% of loss for the given period.
Volatility was left at 3.75%, however, over the last 30 days, the volatility rate increased by 4.27%, as shares surge +5.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.48% upper at present.
During the last 5 trading sessions, ONON fell by -2.45%, which changed the moving average for the period of 200-days by +79.45% in comparison to the 20-day moving average, which settled at $58.19. In addition, On Holding AG saw 6.64% 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 375,400 shares at the price of $63.04 back on Jan 30 ’25. After this action, Olivier Bernhard now owns shares of On Holding AG, valued at $23,665,216 using the latest closing price.
Olivier Bernhard, the Other: Co-Founder of On Holding AG, proposed sale 234,050 shares at $54.62 during a trade that took place back on Jan 06 ’25, which means that Olivier Bernhard is holding shares at $12,783,811 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 7.58. 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 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
