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NYSE:ONON

ON (ONON) Stock Price, News & Analysis

ON logo
$57.14 +2.00 (+3.63%)
(As of 12/20/2024 05:40 PM ET)

About ON Stock (NYSE:ONON)

Key Stats

Today's Range
$53.08
$57.57
50-Day Range
$46.30
$59.55
52-Week Range
$25.78
$60.12
Volume
2.19 million shs
Average Volume
4.78 million shs
Market Capitalization
$35.98 billion
P/E Ratio
132.89
Dividend Yield
N/A
Price Target
$56.77
Consensus Rating
Moderate Buy

Company Overview

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.

ON Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
33rd Percentile Overall Score

ONON MarketRank™: 

ON scored higher than 33% of companies evaluated by MarketBeat, and ranked 174th out of 218 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    ON has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 18 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    ON has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about ON's stock forecast and price target.
  • Earnings Growth

    Earnings for ON are expected to grow by 28.13% in the coming year, from $0.64 to $0.82 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of ON is 132.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 112.73.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of ON is 132.89, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 109.00.

  • Price to Book Value per Share Ratio

    ON has a P/B Ratio of 30.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    9.40% 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 5.3.
  • Change versus previous month

    Short interest in ON has recently increased by 4.59%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    ON does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    9.40% 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 5.3.
  • Change versus previous month

    Short interest in ON has recently increased by 4.59%, indicating that investor sentiment is decreasing.
  • News Sentiment

    ON has a news sentiment score of 0.96. 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 0.68 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for ON this week, compared to 14 articles on an average week.
  • Search Interest

    Only 33 people have searched for ONON on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.
  • MarketBeat Follows

    Only 15 people have added ON to their MarketBeat watchlist in the last 30 days. This is a decrease of -35% compared to the previous 30 days.
  • 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.

  • Read more about ON's insider trading history.
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ONON Stock News Headlines

MIAMI, USA - AUGUST 22, 2018: Foot Locker storefront. Foot Locker Retail is an American sportswear and footwear retailer — Stock Editorial Photography
Overblown Holiday Worries? 3 Stocks Set for a Surprise Comeback (ONON)
Kohl’s, Best Buy, and Foot Locker stocks have low holiday expectations but could surprise investors with better-than-expected sales performance.
ON (NYSE:ONON) Research Coverage Started at Citigroup
This is the worst sign for the U.S. stock market in 50 years
The Dow recently posted its worst losing streak since 1974. And one of America's most accurate analysts now says this is just the beginning of a new crisis that could be worse than the COVID crash, the dot-com crash, and even the Great Depression. Introducing "The Dead Zone"
On Holding AG put volume heavy and directionally bearish
On Holding: Initiating At 'Buy' Despite Doubling In 2024
10 Top Stocks to Buy in 2025
See More Headlines

ONON Stock Analysis - Frequently Asked Questions

ON's stock was trading at $26.97 at the beginning of the year. Since then, ONON shares have increased by 111.9% and is now trading at $57.14.
View the best growth stocks for 2024 here
.

On Holding AG (NYSE:ONON) announced its quarterly earnings data on Tuesday, November, 14th. The company reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.06. The company's revenue was up 46.5% on a year-over-year basis.

ON (ONON) raised $591 million in an initial public offering on Wednesday, September 15th 2021. The company issued 31,100,000 shares at a price of $18.00-$20.00 per share.

ON's top institutional investors include FMR LLC (4.51%), Wellington Management Group LLP (0.84%), Bamco Inc. NY (0.50%) and Jennison Associates LLC (0.26%).

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.

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
12/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Rubber & plastics footwear
Sub-Industry
N/A
Fax
N/A
Employees
2,353
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$56.77
High Stock Price Target
$66.00
Low Stock Price Target
$34.00
Potential Upside/Downside
-0.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
24 Analysts

Profitability

Net Income
$88.67 million
Pretax Margin
6.70%

Debt

Sales & Book Value

Annual Sales
$2.16 billion
Cash Flow
$0.25 per share
Book Value
$1.90 per share

Miscellaneous

Free Float
197,900,000
Market Cap
$35.98 billion
Optionable
Optionable
Beta
2.30
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This page (NYSE:ONON) was last updated on 12/22/2024 by MarketBeat.com Staff
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