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On Holding AG (ONON)
NYSE:ONON
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ONON Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$24.15 - $52.80
Previous Close$47.88
Volume3.52M
Average Volume (3M)4.48M
Market Cap
$14.82B
Enterprise Value$14.25B
Total Cash (Recent Filing)CHF494.60M
Total Debt (Recent Filing)CHF0.00
Price to Earnings (P/E)88.0
Beta1.72
Next Earnings
Nov 12, 2024EPS Estimate
$0.22Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.54
Shares Outstanding629,652,777
10 Day Avg. Volume3,175,474
30 Day Avg. Volume4,475,761
Standard Deviation0.17
R-Squared0.44
Alpha0.00552
Financial Highlights & Ratios
Price to Book (P/B)27.82
Price to Sales (P/S)14.21
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$52.87Price Target Upside11.14% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
On Holding AG News
Bulls Say, Bears Say
Bulls Say
Earnings GrowthThe brand's innovation, pricing, and commentary regarding automation and warehousing improvements gives more confidence into Q3 results and forecasted +53% EPS CAGR into FY27E.
Premium Market PositionThe brand's innovation is coming to market in a premium, elevated way both in performance and lifestyle, driving full price sell through and sustaining gross margins of 60%+.
Strong Financial GuidanceON is guiding to 2024 full year constant currency growth rate of at least 30%, corresponding to reported net sales of CHF 2.26bn.
Bears Say
Financial PerformanceDecrease in FY24E net finance income estimate by c.CHF 30mn driven by unrealised foreign exchange losses.
Market StrategyThe willingness to take wholesale orders, especially in apparel, is dangerous for the long term health of the brand.
Supply Chain IssuesWarehouse disruptions and out-of-stocks have constrained growth in the DTC business.
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Ownership Overview
1.31%
Insiders
23.50% Mutual Funds
1.78% Other Institutional Investors
73.11% Public Companies and Individual Investors
Risk Analysis
Sorry, No Data AvailableWe provide Risk Factor analysis for U.S. stocks that have been publicly traded for at least a year.
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Website Traffic
The estimated number of people who visited one or more of the websites owned by On Holding AG
Desktop Users
Mobile Users
ONON FAQ
What was On Holding AG’s price range in the past 12 months?
On Holding AG lowest stock price was $24.15 and its highest was $52.80 in the past 12 months.
What is On Holding AG’s market cap?
Currently, no data Available
When is On Holding AG’s upcoming earnings report date?
On Holding AG’s upcoming earnings report date is Nov 12, 2024 which is in 5 days.
How were On Holding AG’s earnings last quarter?
On Holding AG released its earnings results on Aug 13, 2024. The company reported $0.162 earnings per share for the quarter, missing the consensus estimate of $0.179 by -$0.017.
Is On Holding AG overvalued?
According to Wall Street analysts On Holding AG’s price is currently Undervalued.
Does On Holding AG pay dividends?
On Holding AG does not currently pay dividends.
What is On Holding AG’s EPS estimate?
On Holding AG’s EPS estimate is $0.22.
How many shares outstanding does On Holding AG have?
On Holding AG has 285,576,540 shares outstanding.
What happened to On Holding AG’s price movement after its last earnings report?
On Holding AG reported an EPS of $0.162 in its last earnings report, missing expectations of $0.179. Following the earnings report the stock price went up 4.349%.
Which hedge fund is a major shareholder of On Holding AG?
Among the largest hedge funds holding On Holding AG’s share is Woodline Partners LP. It holds On Holding AG’s shares valued at 32M.
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On Holding AG Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$52.87 (11.14% Upside)
$52.87 (11.14% Upside)
Blogger Sentiment
Bullish
ONON Sentiment 86%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 2.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
70.63%
12-Months-Change
Fundamentals
Return on Equity
13.90%
Trailing 12-Months
Asset Growth
32.51%
Trailing 12-Months
Company Description
On Holding AG
On Holding AG is a premium performance sports brand rooted in technology, design, and impact. Its shoe, apparel, and accessories products are designed primarily for athletic use, casual, or leisure purposes. It does not manufacture the products or the raw materials and rely instead on third-party suppliers and contract manufacturers.
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ONON Earnings Call
Q2 2024
0:00 / 0:00
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ONON Stock 12 Month Forecast
Average Price Target
$52.87
▲(11.14% Upside)
Technical Analysis
Best Analysts Covering ONON
1 Year
1 Year Success Rate
9/9 ratings generated profit
1 Year Average Return
+39.31%
reiterated a buy rating 3 months ago
Copying Richard Edwards's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +39.31% per trade.
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