On Holding AG (NYSE:ONON) has a beta value of 2.26 and has seen 0.6 million shares traded in the recent trading session. The company, currently valued at $13.23B, closed the recent trade at $40.85 per share which meant it lost -$1.65 on the day or -3.88% during that session. The ONON stock price is -56.79% off its 52-week high price of $64.05 and 26.95% above the 52-week low of $29.84. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.82 million shares traded. The 3-month trading volume is 5.62 million shares.
The consensus among analysts is that On Holding AG (ONON) is Buy stock at the moment, with a recommendation rating of 1.43. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 20 have rated it as a Hold, with 20 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.22.
On Holding AG (NYSE:ONON) trade information
Sporting -3.88% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ONON stock price touched $40.85 or saw a rise of 9.82%. Year-to-date, On Holding AG shares have moved -25.42%, while the 5-day performance has seen it change -6.11%. Over the past 30 days, the shares of On Holding AG (NYSE:ONON) have changed -10.34%. Short interest in the company has seen 14.9 million shares shorted with days to cover at 3.04.
Wall Street analysts have a consensus price target for the stock at $62, which means that the shares’ value could jump 34.11% from the levels at last check today.. The projected low price target is $40.0 while the price target rests at a high of $73.0. In that case, then, we find that the latest price level in today’s session is -78.7% off the targeted high while a plunge would see the stock lose 2.08% from the levels at last check today..
On Holding AG (ONON) estimates and forecasts
The company’s shares have lost -16.85% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 28.28%.
18 analysts offering their estimates for the company have set an average revenue estimate of 676.63M for the current quarter. 18 have an estimated revenue figure of 731.92M for the next ending quarter. Year-ago sales stood 508.2M and 567.7M respectively for this quarter and the next, and analysts expect sales will grow by 33.14% for the current quarter and 28.28% for the next.
Earnings growth for 2025 is a modest -4.72% while over the next 5 years, the company’s earnings are expected to increase by 16.78%.
ONON Dividends
On Holding AG is expected to release its next earnings report on 2025-Mar-03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
On Holding AG (NYSE:ONON)’s Major holders
Insiders own 22.87% of the company shares, while shares held by institutions stand at 61.20% with a share float percentage of 79.35%. Investors are also buoyed by the number of investors in a company, with On Holding AG having a total of 631.0 institutions that hold shares in the company. The top two institutional holders are FMR LLC with over 28.42 million shares worth more than $1.1 billion. As of 2024-06-30, FMR LLC held 8.6835% of shares outstanding.
The other major institutional holder is MORGAN STANLEY, with the holding of over 19.64 million shares as of 2024-06-30. The firm’s total holdings are worth over $761.89 million and represent 5.9994% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Contrafund and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund . As of Feb 28, 2025 , the former fund manager holds about 2.91% shares in the company for having 8.26 shares of worth $336.8 million while later fund manager owns 5.0 shares of worth $203.86 million as of Feb 28, 2025 , which makes it owner of about 1.76% of company’s outstanding stock.
