ON (NYSE:ONON - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, March 4th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $594.30 million for the quarter. Parties interested in listening to the company's conference call can do so using this link.
ON Stock Performance
NYSE:ONON traded up $1.76 during trading hours on Friday, reaching $48.45. The stock had a trading volume of 6,262,654 shares, compared to its average volume of 4,056,191. The stock has a market capitalization of $30.51 billion, a PE ratio of 112.69, a PEG ratio of 1.02 and a beta of 2.30. ON has a 52 week low of $27.37 and a 52 week high of $64.05. The company has a 50 day moving average price of $55.75 and a two-hundred day moving average price of $52.19.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the stock. Morgan Stanley boosted their price target on shares of ON from $62.00 to $65.00 and gave the stock an "overweight" rating in a research report on Tuesday, January 21st. Truist Financial upped their target price on shares of ON from $58.00 to $61.00 and gave the company a "buy" rating in a research report on Wednesday, November 13th. Williams Trading upgraded ON from a "hold" rating to a "buy" rating and lifted their price target for the stock from $40.00 to $60.00 in a research report on Wednesday, November 13th. Citigroup assumed coverage on ON in a research report on Wednesday, December 18th. They set a "neutral" rating and a $65.00 price objective on the stock. Finally, Robert W. Baird lifted their target price on ON from $55.00 to $63.00 and gave the stock an "outperform" rating in a report on Wednesday, November 13th. Five investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, ON currently has an average rating of "Moderate Buy" and a consensus price target of $59.73.
View Our Latest Report on ON
About ON
(
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On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, and all-day activities. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own high-end stores.
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