Most-Upgraded StocksMost-UpgradedNYSE:ONON ON (ONON) Stock Forecast, Price & News $27.38 -0.07 (-0.26%) (As of 03:16 PM ET) Add Compare Share Share Today's Range$26.87▼$27.7550-Day Range$26.16▼$34.3752-Week Range$15.44▼$34.88Volume3.17 million shsAverage Volume4.11 million shsMarket Capitalization$17.18 billionP/E Ratio94.41Dividend YieldN/APrice Target$29.94 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media ON MarketRank™ ForecastAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside9.4% Upside$29.94 Price TargetShort InterestHealthy7.58% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 24 Articles This WeekInsider TradingN/AProj. Earnings Growth47.83%From $0.46 to $0.68 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.2.07 out of 5 starsConsumer Discretionary Sector353rd out of 546 stocksRubber & Plastics Footwear Industry5th out of 8 stocks 2.3 Analyst's Opinion Consensus RatingON has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 10 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.94, ON has a forecasted upside of 9.4% from its current price of $27.38.Amount of Analyst CoverageON has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted7.58% of the float of ON has been sold short.Short Interest Ratio / Days to CoverON has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ON has recently decreased by 6.46%, indicating that investor sentiment is improving significantly. 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 1.1 News and Social Media Coverage News SentimentON has a news sentiment score of 0.00. 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 is a lower news sentiment than the 0.58 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 24 news articles for ON this week, compared to 24 articles on an average week.Search InterestOnly 38 people have searched for ONON on MarketBeat in the last 30 days. This is a decrease of -34% compared to the previous 30 days.MarketBeat FollowsOnly 12 people have added ON to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ON insiders have not sold or bought any company stock.Percentage Held by Insiders68.57% of the stock of ON is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 17.27% of the stock of ON is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for ON are expected to grow by 47.83% in the coming year, from $0.46 to $0.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ON is 94.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.85.Price to Earnings Ratio vs. SectorThe P/E ratio of ON is 94.41, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.61.Price to Earnings Growth RatioON has a PEG Ratio of 1.56. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioON has a P/B Ratio of 15.65. 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. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.Read More 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 Stock News HeadlinesMay 16, 2023 | marketbeat.comOn 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.June 1, 2023 | msn.comHow To Turn On & Control An LG TV Without The RemoteJune 1, 2023 | Edge On The Street (Ad)AI is Unstoppable. Now Is The Time!AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. 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AI can now process information like the human brain and understand the world the way humans do.May 30, 2023 | msn.comAn Illinois man joked about marrying his wife on TV, but did he murder her?May 30, 2023 | news.yahoo.comBiden-McCarthy in 'holding pattern' on debt bill: Chad PergramMay 30, 2023 | americanbankingnews.comWedbush Research Analysts Raise Earnings Estimates for On Holding AG (NYSE:ONON)May 30, 2023 | msn.comStaying mild in Sacramento with more Sierra storms on TuesdayMay 30, 2023 | msn.comDangerous driver jailed for Sturt Highway head-on crash that killed Riverland coupleMay 28, 2023 | msn.comIs the U.S. stock market closed on Memorial Day?May 27, 2023 | fool.comOn Ag (NYSE: ONON)May 26, 2023 | msn.comIs the U.S. stock market closed on on Memorial Day?May 26, 2023 | investorplace.comWhy Is Onfolio (ONFO) Stock Up 74% Today?May 26, 2023 | msn.comAwful Announcing Podcast: Leigh Diffey on on the Indy 500, facing animosity, becoming a U.S. citizen, and moreMay 26, 2023 | americanbankingnews.comON Sees Unusually High Options Volume (NYSE:ONON)May 25, 2023 | msn.comReady to drop the puck: Worcester Railers will open 2023-24 season at DCU Center on October 21May 24, 2023 | abcnews.go.comReleased on bail, Nigeria’s Kuti to begin concert tour amid assault trialMay 24, 2023 | msn.comPausing interest rate hike not in my hands, depends on on-ground situation: RBI Guv Shaktikanta DasMay 23, 2023 | investorplace.comThe Best Battery Stock to Buy Now? PCRFY vs. HON vs. SLDMay 21, 2023 | americanbankingnews.comON (NYSE:ONON) Given Maintains Rating at 51jobMay 21, 2023 | americanbankingnews.comON (NYSE:ONON) PT Raised to $42.00 at UBS GroupMay 20, 2023 | americanbankingnews.comON (NYSE:ONON) Downgraded by Williams Trading to SellSee More Headlines ONON Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ONON Company Calendar Last Earnings5/16/2023Today6/01/2023Next Earnings (Estimated)8/15/2023Fiscal 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$29.94 High Stock Price Forecast$42.00 Low Stock Price Forecast$19.30 Forecasted Upside/Downside+9.8%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$0.29 Trailing P/E Ratio94.00 Forward P/E Ratio59.26 P/E Growth1.56Net Income$60.46 million Net Margins6.13% Pretax Margin7.87% Return on Equity8.78% Return on Assets5.85% Debt Debt-to-Equity RatioN/A Current Ratio3.43 Quick Ratio2.09 Sales & Book Value Annual Sales$1.41 billion Price / Sales12.16 Cash Flow$0.17 per share Price / Cash Flow158.34 Book Value$1.75 per share Price / Book15.58Miscellaneous Outstanding Shares627,414,000Free Float197,196,000Market Cap$17.10 billion OptionableOptionable Beta2.18 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. Wim Ter SchurenHead of TechnologyMr. Alex GriffinHead of MarketingMs. Noa Perry-ReiferHead of People & TalentMr. Florian MaagChief Financial Officer of EMEAMr. Gerald MarolfHead of ProductMore ExecutivesKey CompetitorsDeckers OutdoorNYSE:DECKCrocsNASDAQ:CROXFormula One GroupNASDAQ:FWONKFOXNASDAQ:FOXAEndeavor GroupNYSE:EDRView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Bought 11,532 shares on 5/22/2023Ownership: 0.002%New York State Common Retirement FundBought 138,915 shares on 5/18/2023Ownership: 0.022%Titleist Asset Management LLCBought 6,603 shares on 5/18/2023Ownership: 0.001%Advisory Services Network LLCBought 2,448 shares on 5/17/2023Ownership: 0.001%Belpointe Asset Management LLCBought 454 shares on 5/16/2023Ownership: 0.000%View All Institutional Transactions 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 twelve-month price targets for ON's stock. Their ONON share price forecasts range from $19.30 to $42.00. On average, they predict the company's share price to reach $29.94 in the next year. This suggests a possible upside of 9.8% 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 shares have increased by 58.9% and is now trading at $27.26. View the best growth stocks for 2023 here. Are investors shorting ON? ON saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 15,010,000 shares, a drop of 21.0% from the April 15th total of 19,000,000 shares. Based on an average trading volume of 4,220,000 shares, the days-to-cover ratio is currently 3.6 days. Approximately 8.1% of the company's stock are short sold. 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 quarterly earnings results on Tuesday, May, 16th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.07. The firm earned $420.20 million during the quarter, compared to analysts' expectations 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 previous year, the company earned $0.04 earnings per share. What ETFs hold ON's stock? ETFs with the largest weight of ON (NYSE:ONON) stock in their portfolio include Global X Health & Wellness ETF (BFIT), Innovator IBD 50 ETF (FFTY), Long Cramer Tracker ETF (LJIM), Renaissance IPO ETF (IPO), First Trust IPOX Europe Equity Opportunities ETF (FPXE), Innovator IBD Breakout Opportunities ETF (BOUT), iShares U.S. Small Cap Equity Factor ETF (SMLF) and Fidelity Blue Chip Growth ETF (FBCG). 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 (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 (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." Who are ON's major shareholders? ON's stock is owned by a variety of institutional and retail 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 $27.26. How much money does ON make? ON (NYSE:ONON) has a market capitalization of $17.10 billion and generates $1.41 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 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding On Holding AG Please log in to your account or sign up in order to add this asset to your watchlist. 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