ON (NYSE:ONON - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 13th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $676.32 million for the quarter.
ON Price Performance
NYSE ONON traded down $0.21 during trading on Tuesday, reaching $48.68. 540,667 shares of the company's stock traded hands, compared to its average volume of 4,683,960. The firm has a market cap of $30.65 billion, a price-to-earnings ratio of 113.25, a price-to-earnings-growth ratio of 1.02 and a beta of 2.30. ON has a 12-month low of $29.84 and a 12-month high of $64.05. The company's 50 day simple moving average is $45.16 and its two-hundred day simple moving average is $51.45.
Analyst Ratings Changes
Several research analysts recently commented on ONON shares. KeyCorp reduced their price objective on shares of ON from $68.00 to $60.00 and set an "overweight" rating for the company in a research note on Tuesday, April 29th. Needham & Company LLC decreased their price objective on shares of ON from $64.00 to $50.00 and set a "buy" rating for the company in a research report on Tuesday, April 1st. Barclays upped their price target on shares of ON from $63.00 to $64.00 and gave the company an "overweight" rating in a research note on Wednesday, March 5th. Hsbc Global Res upgraded shares of ON from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 11th. Finally, Morgan Stanley upped their target price on ON from $62.00 to $66.00 and gave the company an "overweight" rating in a research report on Wednesday, March 5th. Two equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $58.77.
Read Our Latest Stock Report on ONON
About ON
(
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On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, and all-day activities. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own high-end stores.
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