ON (ONON) Stock Price, News & Analysis

Company Overview

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. The company was founded by David Allemann, Olivier Bernhard, and Caspar Coppetti in January 2010 and is headquartered in Zurich, Switzerland.

Key Stats

• Today's Range: $47.72 to $49.39
• 50-Day Range: $44.18 to $63.59
• 52-Week Range: $29.84 to $64.05
• Volume: 1.02 million shs
• Average Volume: 4.33 million shs
• Market Capitalization: $30.19 billion
• P/E Ratio: 111.49
• Dividend Yield: N/A
• Price Target: $61.90
• Consensus Rating: Buy

ON Stock Analysis - MarketRank™

ON scored higher than 85% of companies evaluated by MarketBeat, and ranked 68th out of 213 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Buy

Consensus Rating

ON has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 19 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

ON has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 30.30%

Earnings Growth

Earnings for ON are expected to grow by 30.30% in the coming year, from $0.66 to $0.86 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ON is 112.52, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of ON is 112.52, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.03.

Price to Earnings Growth Ratio

ON has a PEG Ratio of 1.02. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

ON has a P/B Ratio of 25.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.78% of the float of ON has been sold short.

Short Interest Ratio / Days to Cover

ON has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ON has recently decreased by 4.69%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

ON does not currently pay a dividend.

Dividend Growth

ON does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.78% of the float of ON has been sold short.

Short Interest Ratio / Days to Cover

ON has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ON has recently decreased by 4.69%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.11

News Sentiment

ON has a news sentiment score of 1.11. 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 0.77 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for ON this week, compared to 12 articles on an average week.

Search Interest

Only 43 people have searched for ONON on MarketBeat in the last 30 days. This is a decrease of -12% compared to the previous 30 days.

MarketBeat Follows

Only 12 people have added ON to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ON insiders have not sold or bought any company stock.

Percentage Held by Insiders

68.57% 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 Institutions

Only 36.39% of the stock of ON is held by institutions.

ONON Stock Analysis - Frequently Asked Questions

How have ONON shares performed this year?

ON's stock was trading at $54.77 on January 1st, 2025. Since then, ONON shares have decreased by 11.7% and is now trading at $48.3840.
View the best growth stocks for 2025 here.

How were ON's earnings last quarter?

On Holding AG (NYSE:ONON) issued its earnings results on Tuesday, November, 14th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.06. The firm's revenue was up 46.5% compared to the same quarter last year.

When did ON IPO?

ON (ONON) raised $591 million in an initial public offering 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 top institutional shareholders include FMR LLC (4.59%), Alliancebernstein L.P. (2.76%), Durable Capital Partners LP (0.87%) and Wellington Management Group LLP (0.73%).

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.

What other stocks do shareholders of ON own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ON investors own include NVIDIA (NVDA), Invesco QQQ (QQQ), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Arista Networks (ANET) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 11/14/2023
• Today: 3/25/2025
• Next Earnings (Estimated): 5/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Rubber & plastics footwear
• Sub-Industry: Apparel
• Current Symbol: NYSE:ONON
• CIK: 1858985
• Web: www.on-running.com
• Phone: 41-44-225-1555
• Fax: N/A
• Employees: 1,160
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $61.90
• High Stock Price Target: $73.00
• Low Stock Price Target: $47.00
• Potential Upside/Downside: +27.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 23 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.83
• Trailing P/E Ratio: 112.52
• Forward P/E Ratio: 73.31
• P/E Growth: 1.02
• Net Income: $88.67 million
• Net Margins: 5.87%
• Pretax Margin: 6.70%
• Return on Equity: 10.69%
• Return on Assets: 6.66%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.91
• Quick Ratio: 2.25

Sales & Book Value

• Annual Sales: $2.32 billion
• Price / Sales: 13.14
• Cash Flow: $0.24 per share
• Price / Cash Flow: 200.39
• Book Value: $1.90 per share
• Price / Book: 25.47

Miscellaneous

• Outstanding Shares: 629,653,000
• Free Float: 197,900,000
• Market Cap: $30.47 billion
• Optionable: Optionable
• Beta: 2.35