S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
NYSE:ONON

ON (ONON) Stock Forecast, Price & News

$27.45
+0.80 (+3.00%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$26.57
$27.78
50-Day Range
$26.16
$34.37
52-Week Range
$15.44
$34.88
Volume
4.66 million shs
Average Volume
4.11 million shs
Market Capitalization
$17.22 billion
P/E Ratio
94.66
Dividend Yield
N/A
Price Target
$29.94

ON MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
9.1% Upside
$29.94 Price Target
Short Interest
Healthy
7.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.15mentions of ON in the last 14 days
Based on 14 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.

1.89 out of 5 stars

Consumer Discretionary Sector

182nd out of 277 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.

Receive ONON Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ON and its competitors with MarketBeat's FREE daily newsletter.

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.
Sell every Stock except ONE
Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...
On Ag (NYSE: ONON)
Why Is Onfolio (ONFO) Stock Up 74% Today?
ON Sees Unusually High Options Volume (NYSE:ONON)
Sell every Stock except ONE
Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...
ON (NYSE:ONON) Given Maintains Rating at 51job
ON (NYSE:ONON) PT Raised to $42.00 at UBS Group
ON (NYSE:ONON) Downgraded by Williams Trading to Sell
ON (NYSE:ONON) PT Raised to $36.00
ON (NYSE:ONON) Shares Gap Down to $33.44
Where On Holding Stands With Analysts
Why Is IonQ (IONQ) Stock Up 10% Today?
See More Headlines
Receive ONON Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ON and its competitors with MarketBeat's FREE daily newsletter.

ONON Company Calendar

Last Earnings
5/16/2023
Today
5/29/2023
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
+9.1%
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
$0.17 per share
Book Value
$1.62 per share

Miscellaneous

Free Float
N/A
Market Cap
$17.22 billion
Optionable
Optionable
Beta
2.18

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 twelve months. 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 12 month target prices for ON's stock. Their ONON share price forecasts range from $19.30 to $42.00. On average, they expect the company's stock price to reach $29.94 in the next twelve months. This suggests a possible upside of 9.1% 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 beginning of 2023. Since then, ONON stock has increased by 60.0% and is now trading at $27.45.
View the best growth stocks for 2023 here
.

Are investors shorting ON?

ON saw a decline in short interest during 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 currently 3.6 days. Approximately 8.1% of the shares of the company 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) announced its quarterly earnings data on Tuesday, May, 16th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.08 by $0.07. The business earned $420.20 million during the quarter, compared to the consensus estimate of $381.62 million. ON had a net margin of 6.13% and a trailing twelve-month return on equity of 8.78%. The company's quarterly revenue was up 78.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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 earnings per share 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 a price of $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 many different retail and institutional investors. Top institutional shareholders 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 $27.45.

How much money does ON make?

ON (NYSE:ONON) has a market capitalization of $17.22 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 5/29/2023 by MarketBeat.com Staff

My Account -