NYSE:ONON ON (ONON) Stock Price, News & Analysis → Time is Running Out - June 25th Deadline Approaching! (From Paradigm Press) (Ad) Free ONON Stock Alerts $42.34 +0.14 (+0.33%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$41.34▼$43.0650-Day Range$30.39▼$42.6652-Week Range$23.41▼$43.54Volume3.30 million shsAverage Volume5.30 million shsMarket Capitalization$26.66 billionP/E Ratio96.24Dividend YieldN/APrice Target$41.13 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends ON MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside2.9% Downside$41.13 Price TargetShort InterestBearish18.38% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.23Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth15.58%From $0.77 to $0.89 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.98 out of 5 starsConsumer Discretionary Sector192nd out of 257 stocksRubber & Plastics Footwear Industry4th out of 4 stocks 2.4 Analyst's Opinion Consensus RatingON has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 15 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageON has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about ON's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted18.38% of the float of ON has been sold short.Short Interest Ratio / Days to CoverON has a short interest ratio ("days to cover") of 6.6.Change versus previous monthShort interest in ON has recently increased by 10.41%, indicating that investor sentiment is decreasing 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 3.5 News and Social Media Coverage News SentimentON has a news sentiment score of 1.23. 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 higher news sentiment than the 0.84 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 8 news articles for ON this week, compared to 14 articles on an average week.Search Interest44 people have searched for ONON on MarketBeat in the last 30 days. This is an increase of 267% compared to the previous 30 days.MarketBeat Follows18 people have added ON to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 33.11% of the stock of ON is held by institutions.Read more about ON's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for ON are expected to grow by 15.58% in the coming year, from $0.77 to $0.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ON is 96.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.12.Price to Earnings Ratio vs. SectorThe P/E ratio of ON is 96.24, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.17.Price to Earnings Growth RatioON has a PEG Ratio of 1.24. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioON has a P/B Ratio of 22.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about ON's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressWe’ve Made 1,000% … THREE Different Times in the Last Year (Here’s How)Bitcoin can and probably will hit the $1 MILLION level this decade. That’s more than 1,000% upside from these levels.But there are at least 10 different coins that I like even better. About ON Stock (NYSE:ONON)On Holding AG engages in the development and distribution of sports products worldwide. The company offers athletic footwear, apparel, and accessories for high-performance running, outdoor, training, all-day activities, and tennis. It 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ONON Stock News HeadlinesMay 14, 2024 | marketbeat.comOn Shares Move Higher in Race to a New All-Time HighOn's NYSE: ONON Q1 results prove it is gaining traction with athletes and is on track to dethrone Nike NYSE: NKE as the god of running shoes. The company's results exceeded expectations on strength in all channels, segments, and geographical regions and are expected to accelerate as the year progresses.May 14, 2024 | marketbeat.comOn Shares Move Higher in Race to a New All-Time HighOn had a solid quarter, exceeding all estimates and providing cautious guidance. The analysts like this stock and may drive it to a new high this year.June 4, 2024 | investorplace.com3 Retail Stocks to Buy That Could Be the Next Abercrombie & FitchMay 31, 2024 | americanbankingnews.comON (NYSE:ONON) Sets New 12-Month High at $42.47May 29, 2024 | benzinga.comOn Holding Unusual Options Activity For May 29May 28, 2024 | nasdaq.comTruist Securities Upgrades On Holding (ONON)May 28, 2024 | markets.businessinsider.comOn Holding AG: Poised for Growth Amid Nike’s Retreat and Expanding Market PresenceMay 28, 2024 | msn.comOn Holding runs higher after winning over Truist SecuritiesMay 28, 2024 | markets.businessinsider.comOn Holding Has Meaningful Growth Opportunities, Says Bullish AnalystMay 24, 2024 | investorplace.comIONM Stock Earnings: Assure Hldgs Misses Revenue for Q4 2023May 24, 2024 | ca.finance.yahoo.comONON May 2024 25.000 putMay 24, 2024 | finance.yahoo.comONON- An Up-and-Coming Athletic Shoe Company with Attractive GrowthMay 23, 2024 | businesswire.comOn Elects Laura Miele as a New Independent Member of the Board of DirectorsMay 22, 2024 | fool.com2 Incredible Growth Stocks That Could Triple by 2030May 21, 2024 | investorplace.comONFO Stock Earnings: Onfolio Holdings Reported Results for Q1 2024May 21, 2024 | seekingalpha.comOn Holding: Remains A Buy, Post Very Strong 1Q24 EarningsMay 20, 2024 | fool.com3 Reasons to Buy On Holding Stock Hand Over Fist Right NowMay 19, 2024 | seekingalpha.comOn Holding: Valued For Promising GrowthMay 18, 2024 | seekingalpha.comOn Holding: The Story Of David With The Growth Of GoliathMay 17, 2024 | fool.comWhy On Holding Stock Jumped This WeekMay 17, 2024 | fool.comIs On Holding Stock Going to $45? 1 Wall Street Analyst Thinks So.May 16, 2024 | cnbc.comCramer picks two 'winning' footwear stocks in a ‘nightmare' athletic apparel marketMay 15, 2024 | markets.businessinsider.comOn Holding AG: Strong Q1 Performance and Upward Guidance Validate Buy RatingMay 15, 2024 | investorplace.comTOON Stock Earnings: Kartoon Studios Reported Results for Q1 2024May 15, 2024 | msn.comOn Holding Analysts Boost Their Forecasts Following Upbeat ResultsSee More Headlines Company Calendar Last Earnings5/14/2024Today6/07/2024Next Earnings (Estimated)8/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Rubber & plastics footwear Sub-IndustryN/A Current SymbolNYSE:ONON CUSIPN/A CIK1858985 Webwww.on-running.com Phone41-44-225-1555FaxN/AEmployees2,353Year FoundedN/APrice Target and Rating Average Stock Price Target$41.13 High Stock Price Target$55.00 Low Stock Price Target$33.00 Potential Upside/Downside-4.0%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)$0.44 Trailing P/E Ratio96.24 Forward P/E Ratio54.99 P/E Growth1.24Net Income$88.67 million Net Margins6.46% Pretax Margin7.24% Return on Equity11.13% Return on Assets7.25% Debt Debt-to-Equity RatioN/A Current Ratio3.32 Quick Ratio2.43 Sales & Book Value Annual Sales$2.00 billion Price / Sales13.36 Cash Flow$0.26 per share Price / Cash Flow164.35 Book Value$1.90 per share Price / Book22.29Miscellaneous Outstanding Shares629,650,000Free Float197,900,000Market Cap$26.66 billion OptionableOptionable Beta2.27 Key ExecutivesMr. David Allemann (Age 53)Co-Founder & Executive Co-Chairman Mr. Caspar Coppetti (Age 47)Co-Founder & Executive Co-Chairman Mr. Martin Hoffmann (Age 45)Co-CEO & CFO Mr. Marc Maurer (Age 42)Co-Chief Executive Officer Mr. Olivier Bernhard (Age 55)Co-Founder & Executive Director Ms. Jiahui YinChief Operating OfficerNarek VerdianChief Technology OfficerMr. Alex GriffinChief Marketing OfficerMs. Noa Perry-ReiferChief People OfficerMr. Gerald MarolfChief Product OfficerMore ExecutivesKey CompetitorsDeckers OutdoorNYSE:DECKCrocsNASDAQ:CROXNIKENYSE:NKEMarriott InternationalNASDAQ:MARHilton WorldwideNYSE:HLTView All CompetitorsInstitutional OwnershipOgborne Capital Management LLCBought 155,949 shares on 5/31/2024Ownership: 0.105%Wellington Shields & Co. LLCSold 1,500 shares on 5/23/2024Ownership: 0.003%Beck Bode LLCSold 4,787 shares on 5/22/2024Ownership: 0.005%Walleye Trading LLCSold 21,900 shares on 5/17/2024Ownership: 0.000%Silvercrest Asset Management Group LLCSold 2,600 shares on 5/16/2024Ownership: 0.026%View All Institutional Transactions Should I Buy ON Stock? ONON Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in On Holding AG: On Holding AG has shown consistent revenue growth over the past year, indicating a strong financial performance. The company's innovative product lineup, including the latest version of their flagship product, has received positive reviews and is driving market demand. On Holding AG's stock price has been steadily increasing, reflecting investor confidence and potential for capital appreciation. The company has a solid balance sheet with low debt levels, reducing financial risk for investors. On Holding AG has a strong market position in the industry, providing stability and potential for long-term growth. Cons Investors should be bearish about investing in On Holding AG for these reasons: The competitive landscape in the industry is intense, leading to potential pricing pressures and margin compression for On Holding AG. Market volatility and economic uncertainties could impact On Holding AG's stock price, leading to short-term fluctuations and risks for investors. Regulatory changes or disruptions in the supply chain could affect On Holding AG's operations and financial performance. On Holding AG's reliance on a specific market segment or geographic region may expose the company to concentration risks in case of market downturns. Investors should carefully monitor any changes in consumer preferences or technological advancements that could impact On Holding AG's competitive position. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, June 3, 2024. Please send any questions or comments about these ON pros and cons to contact@marketbeat.com. ONON Stock Analysis - Frequently Asked Questions Should I buy or sell ON stock right now? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ON in the last year. There are currently 3 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ONON shares. View ONON analyst ratings or view top-rated stocks. What is ON's stock price target for 2024? 18 brokerages have issued 1 year target prices for ON's shares. Their ONON share price targets range from $33.00 to $55.00. On average, they predict the company's share price to reach $41.13 in the next year. This suggests that the stock has a possible downside of 2.9%. View analysts price targets for ONON or view top-rated stocks among Wall Street analysts. How have ONON shares performed in 2024? ON's stock was trading at $26.97 at the start of the year. Since then, ONON stock has increased by 57.0% and is now trading at $42.3450. View the best growth stocks for 2024 here. When is ON's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 20th 2024. View our ONON earnings forecast. How were ON's earnings last quarter? On Holding AG (NYSE:ONON) released its quarterly earnings results on Tuesday, May, 14th. The company reported $0.32 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.20. The firm earned $581.41 million during the quarter, compared to analyst estimates of $555.52 million. ON had a trailing twelve-month return on equity of 11.13% and a net margin of 6.46%. What ETFs hold ON's stock? ETFs with the largest weight of ON (NYSE:ONON) stock in their portfolio include Northern Lights Fund Trust IV - Long Cramer Tracker ETF (LJIM), Global X Health & Wellness ETF (BFIT), VegTech Plant-based Innovation & Climate ETF (EATV), Innovator IBD Breakout Opportunities ETF (BOUT), Renaissance IPO ETF (IPO), Future Fund Long/Short ETF (FFLS), Future Fund Active ETF (FFND) and Touchstone Climate Transition ETF (HEAT). What guidance has ON issued on next quarter's earnings? ON updated its FY 2024 earnings guidance on Tuesday, May, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.6 billion-, compared to the consensus revenue estimate of $2.5 billion. When did ON IPO? ON (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. Who are ON's major shareholders? ON's stock is owned by a variety of institutional and retail investors. Top institutional investors include William Blair Investment Management LLC (0.55%), Bamco Inc. NY (0.54%), Price T Rowe Associates Inc. MD (0.44%), Allspring Global Investments Holdings LLC (0.35%), Allspring Global Investments Holdings LLC (0.35%) and Jennison Associates LLC (0.31%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ONON) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersMillionaire-Making “Wealth Pattern” Just Repeated on April 22If you think you missed out on the Bitcoin band wagon… You need to watch this immediately.Paradigm Press | SponsoredBreaking - The US Gov. 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