NYSE:ONON ON (ONON) Stock Forecast, Price & News $26.12 -1.70 (-6.11%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$25.64▼$27.7350-Day Range$26.05▼$36.5152-Week Range$15.44▼$37.08Volume6.65 million shsAverage Volume4.15 million shsMarket Capitalization$16.39 billionP/E Ratio186.57Dividend YieldN/APrice Target$33.42 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media ON MarketRank™ ForecastAnalyst RatingModerate Buy2.53 Rating ScoreUpside/Downside27.9% Upside$33.42 Price TargetShort InterestBearish9.50% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.60Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth62.22%From $0.45 to $0.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.23 out of 5 starsConsumer Discretionary Sector159th out of 276 stocksRubber & Plastics Footwear Industry4th out of 4 stocks 4.3 Analyst's Opinion Consensus RatingON has received a consensus rating of Moderate Buy. The company's average rating score is 2.53, and is based on 10 buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.42, ON has a forecasted upside of 27.9% from its current price of $26.12.Amount of Analyst CoverageON has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.50% of the float of ON has been sold short.Short Interest Ratio / Days to CoverON has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in ON has recently increased by 1.20%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldON does not currently pay a dividend.Dividend GrowthON does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ONON. Previous Next 2.6 News and Social Media Coverage News SentimentON has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 13 news articles for ON this week, compared to 9 articles on an average week.Search InterestOnly 23 people have searched for ONON on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.MarketBeat Follows11 people have added ON to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ON insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 18.64% of the stock of ON is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for ON are expected to grow by 62.22% in the coming year, from $0.45 to $0.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ON is 186.57, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 115.21.Price to Earnings Ratio vs. SectorThe P/E ratio of ON is 186.57, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.56.Price to Earnings Growth RatioON has a PEG Ratio of 1.61. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioON has a P/B Ratio of 16.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ON (NYSE:ONON) StockOn 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. The company was founded in 2010 and is headquartered in Zurich, Switzerland.Read More ONON Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ONON Stock News HeadlinesSeptember 19, 2023 | marketbeat.comOn Holding Gets Back Into the Race After Gapping DownWall Street maintains an optimistic outlook for On Holding, predicting double-digit earnings growth. The company recently raised its full-year sales guidanceOctober 2, 2023 | msn.comOn Holding investor day preview: Long-term targets could recharge bullsOctober 3, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.October 1, 2023 | americanbankingnews.comON (NYSE:ONON) Shares Gap Up to $26.23September 29, 2023 | finance.yahoo.comWhy On Holding Stock Was Moving Higher TodaySeptember 29, 2023 | markets.businessinsider.comHold Rating for On Holding AG: BTIG Analyst Forecasts Steady Growth Amid Long-Term Strategy ConcernsSeptember 28, 2023 | investorplace.comPTON Stock Alert: Can Lululemon Save Peloton?September 28, 2023 | msn.comOn Holding: Consider Holding Your PositionOctober 3, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.September 27, 2023 | seekingalpha.comOn Holding: Price Weakness Presenting Great Long-Term OpportunitySeptember 27, 2023 | investorplace.com5 Years, 20 Quarters: The ONLY Stock Buffett Has Consistently Bought (Not Apple!)September 26, 2023 | msn.comBirkenstock may seek $10B valuation in IPO; Would be third largest market cap in shoesSeptember 26, 2023 | finance.yahoo.comAre Options Traders Betting on a Big Move in On Holding AG (ONON) Stock?September 25, 2023 | benzinga.comCheck Out What Whales Are Doing With ONONSeptember 25, 2023 | investorplace.comHousing Market Predictions 2023: Home Prices Could Jump 5% SOONSeptember 23, 2023 | msn.comMass. General doctor discusses impact of video games on kids' healthSeptember 23, 2023 | finance.yahoo.comHere's a Potential 10x Stock You Won't Want to MissSeptember 22, 2023 | msn.comVermont to be celebrated at The Big E on Saturday as state hopes to make impresson on fairgoersSeptember 22, 2023 | sports.yahoo.comAndrew Luck appears on Amazon post-game show as Capt. Andrew LuckSeptember 22, 2023 | msn.comWATCH: Clouds, showers, and breezes on the waySeptember 22, 2023 | msn.comSave CR Heritage holds forum on $220 million CRCSD bond as it heads to voters in NovemberSeptember 20, 2023 | markets.businessinsider.com12 Analysts Have This to Say About On HoldingSeptember 20, 2023 | investorplace.comCGC Stock Alert: Canopy Growth Preps for the Resale of 45 MILLION SharesSeptember 20, 2023 | msn.comNeedham Initiates Coverage of On Holding AG (ONON) with Buy RecommendationSeptember 20, 2023 | markets.businessinsider.comOn Holding - The Fastest Growth Story In Consumer Sector: AnalystSeptember 20, 2023 | msn.comOn Holding gains after attracting bull call from NeedhamSeptember 19, 2023 | investorplace.com3 Stocks to Avoid Like the Plague Right Now: MRNA, GPS, PTONSee 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. Email Address ONON Company Calendar Last Earnings8/15/2023Today10/02/2023Next Earnings (Estimated)11/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Rubber & plastics footwear Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:ONON CUSIPN/A CIK1858985 Webwww.on-running.com Phone41-44-225-1555FaxN/AEmployees1,701Year FoundedN/APrice Target and Rating Average Stock Price Forecast$33.42 High Stock Price Forecast$46.00 Low Stock Price Forecast$19.30 Forecasted Upside/Downside+27.9%Consensus RatingModerate Buy Rating Score (0-4)2.53 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$0.14 Trailing P/E Ratio186.57 Forward P/E Ratio58.04 P/E Growth1.61Net Income$60.46 million Net Margins2.59% Pretax Margin2.91% Return on Equity3.98% Return on Assets2.64% Debt Debt-to-Equity RatioN/A Current Ratio3.51 Quick Ratio2.19 Sales & Book Value Annual Sales$1.28 billion Price / Sales12.80 Cash Flow$0.16 per share Price / Cash Flow161.24 Book Value$1.62 per share Price / Book16.12Miscellaneous Outstanding Shares627,410,000Free FloatN/AMarket Cap$16.39 billion OptionableOptionable Beta2.22 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. 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. Alex GriffinHead of MarketingMs. Noa Perry-ReiferHead of People & TalentMr. Gerald MarolfHead of ProductMs. Jiahui YinHead of Devel. & Supply ChainMr. Thilo Alex BrunnerGlobal Head of DesignMore ExecutivesKey CompetitorsCrocsNASDAQ:CROXWarner Music GroupNASDAQ:WMGCarnival Co. &NYSE:CCLRobloxNYSE:RBLXFOXNASDAQ:FOXAView All CompetitorsInstitutional OwnershipBarclays PLCSold 117,065 shares on 9/21/2023Ownership: 0.004%Davidson Kempner Capital Management LPBought 158,178 shares on 9/12/2023Ownership: 0.025%Wolverine Trading LLCBought 56,400 shares on 8/23/2023Ownership: 0.000%Osaic Holdings Inc.Bought 19,541 shares on 8/21/2023Ownership: 0.014%Durable Capital Partners LPSold 1,001,162 shares on 8/17/2023Ownership: 0.312%View All Institutional Transactions ONON Stock - Frequently Asked Questions Should I buy or sell ON stock right now? 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ON in the last year. There are currently 2 sell ratings, 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023? 15 brokerages have issued 1-year price targets for ON's stock. Their ONON share price forecasts range from $19.30 to $46.00. On average, they anticipate the company's share price to reach $33.42 in the next year. This suggests a possible upside of 27.9% 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 52.2% and is now trading at $26.12. View the best growth stocks for 2023 here. When is ON's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023. View our ONON earnings forecast. How were ON's earnings last quarter? On Holding AG (NYSE:ONON) issued its quarterly earnings results on Tuesday, August, 15th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.11 by $0.07. The company earned $444.30 million during the quarter, compared to analysts' expectations of $418.09 million. ON had a net margin of 2.59% and a trailing twelve-month return on equity of 3.98%. The company's quarterly revenue was up 52.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.16 earnings per share. What ETFs hold ON's stock? ETFs with the largest weight of ON (NYSE:ONON) stock in their portfolio include Long Cramer ETF (LJIM), Global X Health & Wellness ETF (BFIT), American Century Mid Cap Growth Impact (MID), Innovator IBD 50 ETF (FFTY), Alger 35 ETF (ATFV), Touchstone Climate Transition ETF (HEAT), Renaissance IPO ETF (IPO) and First Trust IPOX Europe Equity Opportunities ETF (FPXE). What guidance has ON issued on next quarter's earnings? ON updated its FY 2023 earnings guidance on Tuesday, August, 15th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.96 billion-$1.96 billion, compared to the consensus revenue estimate of $2.02 billion. When did ON IPO? (ONON) raised $591 million in an initial public offering (IPO) 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." 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 $26.12. How much money does ON make? ON (NYSE:ONON) has a market capitalization of $16.39 billion and generates $1.28 billion in revenue each year. The company earns $60.46 million in net income (profit) each year or $0.14 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. 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