NYSE:ONON

ON (ONON) Stock Price, News & Analysis

$35.63
+4.94 (+16.10%)
(As of 11:57 AM ET)
Today's Range
$33.55
$37.31
50-Day Range
$30.39
$35.61
52-Week Range
$23.41
$37.31
Volume
13.34 million shs
Average Volume
5.19 million shs
Market Capitalization
$22.43 billion
P/E Ratio
131.96
Dividend Yield
N/A
Price Target
$37.53

ON MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.76 Rating Score
Upside/​Downside
5.7% Upside
$37.53 Price Target
Short Interest
Bearish
16.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.40mentions of ON in the last 14 days
Based on 28 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
38.46%
From $0.65 to $0.90 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.29 out of 5 stars

Consumer Discretionary Sector

589th out of 804 stocks

Rubber & Plastics Footwear Industry

10th out of 12 stocks

ONON stock logo

About ON Stock (NYSE:ONON)

On Holding AG engages in the development and distribution of sports products worldwide. The company offers athletic footwear, apparel, and accessories for high-performance running, outdoor, training, all-day activities, and tennis. It offers its products through independent retailers and distributors, online, and stores. The company was founded in 2010 and is headquartered in Zurich, Switzerland.

ONON Stock Price History

ONON Stock News Headlines

On Shares Move Higher in Race to a New All-Time High
On's NYSE: ONON Q1 results prove it is gaining traction with athletes and is on track to dethrone Nike NYSE: NKE as the god of running shoes. The company's results exceeded expectations on strength in all channels, segments, and geographical regions and are expected to accelerate as the year progresses.
On Shares Move Higher in Race to a New All-Time High
On had a solid quarter, exceeding all estimates and providing cautious guidance. The analysts like this stock and may drive it to a new high this year.
On Holdings more than doubles profit
On Reports First Quarter 2024 Results
ON (ONON) Scheduled to Post Quarterly Earnings on Tuesday
ON (NYSE:ONON) Rating Reiterated by Telsey Advisory Group
ON (NYSE:ONON) PT Raised to $35.00 at Morgan Stanley
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
5/14/2024
Next Earnings (Confirmed)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Rubber & plastics footwear
Sub-Industry
N/A
Fax
N/A
Employees
2,353
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.53
High Stock Price Target
$46.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+22.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.76
Research Coverage
17 Analysts

Profitability

Net Income
$88.67 million
Pretax Margin
3.86%

Debt

Sales & Book Value

Annual Sales
$2.00 billion
Cash Flow
$0.26 per share
Book Value
$1.90 per share

Miscellaneous

Free Float
N/A
Market Cap
$19.32 billion
Optionable
Optionable
Beta
2.17
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Key Executives

  • Mr. David Allemann (Age 53)
    Co-Founder & Executive Co-Chairman
  • Mr. Caspar Coppetti (Age 47)
    Co-Founder & Executive Co-Chairman
  • Mr. Martin Hoffmann (Age 45)
    Co-CEO & CFO
  • Mr. Marc Maurer (Age 42)
    Co-Chief Executive Officer
  • Mr. Olivier Bernhard (Age 55)
    Co-Founder & Executive Director
  • Ms. Jiahui Yin
    Chief Operating Officer
  • Narek Verdian
    Chief Technology Officer
  • Mr. Alex Griffin
    Chief Marketing Officer
  • Ms. Noa Perry-Reifer
    Chief People Officer
  • Mr. Gerald Marolf
    Chief Product Officer

ONON Stock Analysis - Frequently Asked Questions

Should I buy or sell ON stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ON in the last twelve months. There are currently 4 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ONON shares.
View ONON analyst ratings
or view top-rated stocks.

What is ON's stock price target for 2024?

17 brokers have issued 1 year price targets for ON's stock. Their ONON share price targets range from $30.00 to $46.00. On average, they expect the company's stock price to reach $37.53 in the next year. This suggests a possible upside of 5.7% from the stock's current price.
View analysts price targets for ONON
or view top-rated stocks among Wall Street analysts.

How have ONON shares performed in 2024?

ON's stock was trading at $26.97 at the start of the year. Since then, ONON shares have increased by 31.7% and is now trading at $35.51.
View the best growth stocks for 2024 here
.

When is ON's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our ONON earnings forecast
.

How were ON's earnings last quarter?

On Holding AG (NYSE:ONON) posted its quarterly earnings data on Tuesday, March, 12th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.18. The company earned $504.69 million during the quarter, compared to analyst estimates of $515.30 million. ON had a trailing twelve-month return on equity of 6.85% and a net margin of 4.04%.

What guidance has ON issued on next quarter's earnings?

ON updated its first quarter 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $558.3 million-$558.3 million.

When did ON IPO?

ON (ONON) raised $591 million in an initial public offering (IPO) on Wednesday, September 15th 2021. The company issued 31,100,000 shares at a price of $18.00-$20.00 per share.

Who are ON's major shareholders?

ON's stock is owned by a variety of institutional and retail investors. Top institutional investors include William Blair Investment Management LLC (0.55%), Allspring Global Investments Holdings LLC (0.35%), Allspring Global Investments Holdings LLC (0.35%), Jennison Associates LLC (0.31%), Westfield Capital Management Co. LP (0.30%) and Twin Tree Management LP (0.00%).

How do I buy shares of ON?

Shares of ONON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ONON) was last updated on 5/14/2024 by MarketBeat.com Staff

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