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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
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Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company

ON (ONON) Stock Forecast, Price & News

$27.97
+0.80 (+2.94%)
(As of 06/2/2023 ET)
Compare
Today's Range
$27.43
$28.48
50-Day Range
$26.16
$34.37
52-Week Range
$15.44
$34.88
Volume
4.77 million shs
Average Volume
4.12 million shs
Market Capitalization
$17.55 billion
P/E Ratio
96.45
Dividend Yield
N/A
Price Target
$29.94

ON MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
7.0% Upside
$29.94 Price Target
Short Interest
Healthy
7.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.06mentions of ON in the last 14 days
Based on 21 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
47.83%
From $0.46 to $0.68 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

Consumer Discretionary Sector

89th out of 273 stocks

Rubber & Plastics Footwear Industry

3rd out of 4 stocks


ONON stock logo

About ON (NYSE:ONON) Stock

On Holding AG develops and distributes sports products worldwide. It offers athletic footwear, apparel, and accessories. The company offers its products through independent retailers and distributors, online, and stores. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.

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ONON Stock News Headlines

On Holdings Could Sprint Even Higher 
Swiss shoe maker On Holdings fell more than 10% on solid results but there is already evidence of buying that could lead to new high prices later this year.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
A Generation Moves On
On Ag (NYSE: ONON)
Why Is Onfolio (ONFO) Stock Up 74% Today?
ON Sees Unusually High Options Volume (NYSE:ONON)
See More Headlines

ONON Price History

ONON Company Calendar

Last Earnings
5/16/2023
Today
6/03/2023
Next Earnings (Estimated)
8/15/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Rubber & plastics footwear
Sub-Industry
N/A
Fax
N/A
Employees
1,701
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$29.94
High Stock Price Forecast
$42.00
Low Stock Price Forecast
$19.30
Forecasted Upside/Downside
+7.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
14 Analysts

Profitability

Net Income
$60.46 million
Pretax Margin
7.87%

Debt

Sales & Book Value

Annual Sales
$1.28 billion
Cash Flow
$0.18 per share
Book Value
$1.75 per share

Miscellaneous

Free Float
197,196,000
Market Cap
$17.55 billion
Optionable
Optionable
Beta
2.17

Key Executives

  • Mr. David Allemann (Age 52)
    Co-Founder & Exec. Co-Chairman
  • Mr. Caspar Coppetti (Age 46)
    Co-Founder & Exec. Co-Chairman
  • Mr. Martin Hoffmann (Age 44)
    Co-CEO & CFO
  • Mr. Marc Maurer (Age 41)
    Co-Chief Exec. Officer
  • Mr. Olivier Bernhard (Age 54)
    Co-Founder & Exec. Director
  • Mr. Wim Ter Schuren
    Head of Technology
  • Mr. Alex Griffin
    Head of Marketing
  • Ms. Noa Perry-Reifer
    Head of People & Talent
  • Mr. Florian Maag
    Chief Financial Officer of EMEA
  • Mr. Gerald Marolf
    Head of Product













ONON Stock - Frequently Asked Questions

Should I buy or sell ON stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ON in the last year. There are currently 2 sell ratings, 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ONON shares.
View ONON analyst ratings
or view top-rated stocks.

What is ON's stock price forecast for 2023?

14 Wall Street research analysts have issued 1 year price targets for ON's shares. Their ONON share price forecasts range from $19.30 to $42.00. On average, they anticipate the company's share price to reach $29.94 in the next year. This suggests a possible upside of 7.0% 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 2023?

ON's stock was trading at $17.16 at the start of the year. Since then, ONON shares have increased by 63.0% and is now trading at $27.97.
View the best growth stocks for 2023 here
.

Are investors shorting ON?

ON saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 15,010,000 shares, a decline of 21.0% from the April 15th total of 19,000,000 shares. Based on an average daily volume of 4,220,000 shares, the short-interest ratio is presently 3.6 days. Approximately 8.1% of the shares of the stock are sold short.
View ON's Short Interest
.

When is ON's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 15th 2023.
View our ONON earnings forecast
.

How were ON's earnings last quarter?

On Holding AG (NYSE:ONON) posted its earnings results on Tuesday, May, 16th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.07. The company earned $420.20 million during the quarter, compared to analysts' expectations of $381.62 million. ON had a trailing twelve-month return on equity of 8.78% and a net margin of 6.13%. The firm's revenue for the quarter was up 78.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.04 earnings per share.

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

ON updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.88B-, compared to the consensus revenue estimate of $1.93 billion.

When did ON IPO?

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

What is ON's stock symbol?

ON trades on the New York Stock Exchange (NYSE) under the ticker symbol "ONON."

Who are ON's major shareholders?

ON's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (4.49%), Macquarie Group Ltd. (0.99%), Jennison Associates LLC (0.82%), Two Sigma Investments LP (0.58%), Hhlr Advisors LTD. (0.52%) and 1832 Asset Management L.P. (0.41%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ON's stock price today?

One share of ONON stock can currently be purchased for approximately $27.97.

How much money does ON make?

ON (NYSE:ONON) has a market capitalization of $17.55 billion and generates $1.28 billion in revenue each year. The company earns $60.46 million in net income (profit) each year or $0.29 on an earnings per share basis.

How many employees does ON have?

The company employs 1,701 workers across the globe.

How can I contact ON?

ON's mailing address is PFINGSTWEIDSTRASSE 106, ZURICH V8, 8005. The official website for the company is www.on-running.com. The company can be reached via phone at 41-44-225-1555.

This page (NYSE:ONON) was last updated on 6/3/2023 by MarketBeat.com Staff

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