On Holding AG (NYSE: ONON)’s stock price has soared by 1.95 in relation to previous closing price of 49.42. Nevertheless, the company has seen a gain of 3.06% in its stock price over the last five trading days. zacks.com reported 2025-05-12 that ONON’s Q1 performance is expected to have benefited from robust direct-to-consumer traction, strategic global expansion and sustained product innovation.
Is It Worth Investing in On Holding AG (NYSE: ONON) Right Now?
The price-to-earnings ratio for On Holding AG (NYSE: ONON) is above average at 59.87x. The 36-month beta value for ONON is also noteworthy at 2.31. There are mixed opinions on the stock, with 19 analysts rating it as a “buy,” 8 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for ONON is 216.79M, and at present, short sellers hold a 6.23% of that float. The average trading volume of ONON on May 12, 2025 was 5.54M shares.
ONON’s Market Performance
ONON’s stock has seen a 3.06% increase for the week, with a 17.12% rise in the past month and a -9.56% fall in the past quarter. The volatility ratio for the week is 2.53%, and the volatility levels for the past 30 days are at 3.57% for On Holding AG The simple moving average for the last 20 days is 9.28% for ONON’s stock, with a simple moving average of 1.42% for the last 200 days.
Analysts’ Opinion of ONON
Many brokerage firms have already submitted their reports for ONON stocks, with Telsey Advisory Group repeating the rating for ONON by listing it as a “Outperform.” The predicted price for ONON in the upcoming period, according to Telsey Advisory Group is $65 based on the research report published on May 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 $60. The rating they have provided for ONON stocks is “Buy” according to the report published on April 28th, 2025.
Jefferies gave a rating of “Hold” to ONON, setting the target price at $44 in the report published on April 01st of the current year.
ONON Trading at 10.29% 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 -21.34% of loss for the given period.
Volatility was left at 3.57%, however, over the last 30 days, the volatility rate increased by 2.53%, as shares surge +15.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.51% upper at present.
During the last 5 trading sessions, ONON rose by +2.64%, which changed the moving average for the period of 200-days by +30.34% in comparison to the 20-day moving average, which settled at $46.10. In addition, On Holding AG saw -8.01% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ONON starting from Olivier Bernhard, who proposed sale 285,900 shares at the price of $48.91 back on May 05 ’25. After this action, Olivier Bernhard now owns shares of On Holding AG, valued at $13,983,369 using the latest closing price.
Marc Maurer, the Officer of On Holding AG, proposed sale 68,653 shares at $40.97 during a trade that took place back on Apr 07 ’25, which means that Marc Maurer is holding shares at $2,812,713 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
- 0.61 for the gross margin
The net margin for On Holding AG stands at 0.1. The total capital return value is set at 0.12. Equity return is now at value 19.62, with 12.16 for asset returns.
Based on On Holding AG (ONON), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 1.45. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is 9.84.
Currently, EBITDA for the company is 400.0 million with net debt to EBITDA at -1.45. When we switch over and look at the enterprise to sales, we see a ratio of 5.69. The receivables turnover for the company is 7.95for trailing twelve months and the total asset turnover is 0.98. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.66.
Conclusion
In summary, On Holding AG (ONON) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
