During the recent session, On Holding AG (NYSE:ONON)’s traded shares were 0.94 million, with the beta value of the company hitting 2.36. At the last check today, the stock’s price was $58.95, reflecting an intraday loss of -1.39% or -$0.83. The 52-week high for the ONON share is $64.05, that puts it down -8.65 from that peak though still a striking 41.32% gain since the share price plummeted to a 52-week low of $34.59. The company’s market capitalization is $19.09B, and the average trade volume was 5.82 million shares over the past three months.
On Holding AG (ONON) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.36. ONON has a Sell rating from 0 analyst(s) out of 20 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 20 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.22.
On Holding AG (NYSE:ONON) trade information
On Holding AG (ONON) registered a -1.39% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.39% in intraday trading to $58.95, hitting a weekly high. The stock’s 5-day price performance is -0.32%, and it has moved by 23.07% in 30 days. Based on these gigs, the overall price performance for the year is 46.53%.
The consensus price target of analysts on Wall Street is $68.5, which implies an increase of 13.94% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $62 and $75 respectively. As a result, ONON is trading at a discount of -27.23% off the target high and -5.17% off the low.
On Holding AG (ONON) estimates and forecasts
In the rating firms’ projections, revenue will increase 26.83% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 709.46M as predicted by 18 analyst(s). Meanwhile, a consensus of 18 analyst(s) estimates revenue growth to 771.17M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 567.7M and 635.8M respectively. In this case, analysts expect current quarter sales to grow by 24.97% and then jump by 21.29% in the coming quarter.
ONON Dividends
On Holding AG is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
On Holding AG (NYSE:ONON)’s Major holders
The next largest institutional holding, with 19.64 million shares, is of MORGAN STANLEY’s that is approximately 5.9994% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $761.89 million.
Also, the Mutual Funds coming in first place with the largest holdings of On Holding AG (ONON) shares are Fidelity Contrafund and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund. Data provided on Feb 28, 2025 indicates that Fidelity Contrafund owns about 8.26 shares. This amounts to just over 2.91 percent of the company’s overall shares, with a $488.5 million market value. The same data shows that the other fund manager holds slightly less at 5.73, or about 2.02% of the stock, which is worth about $339.07 million.
