On Holding AG [ONON] stock is trading at $58.56, down -2.32%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ONON shares have gain 7.45% over the last week, with a monthly amount glided 6.94%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Citigroup started tracking the stock with Neutral rating on December 18, 2024, and set its price target to $65. On November 22, 2024, Needham initiated with a Buy rating and assigned a price target of $64 on the stock. Raymond James upgraded its rating to a Strong Buy and increased its price target to $63 on November 21, 2024. BTIG Research upgraded its rating to a Buy but $64 remained the price target by the analyst firm on November 13, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on November 13, 2024, and upped its price target to $62. In a note dated November 06, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $47 to $53.
On Holding AG [ONON] stock has fluctuated between $26.03 and $60.60 over the past year. Currently, Wall Street analysts expect the stock to reach $53.92 within the next 12 months. On Holding AG [NYSE: ONON] shares were valued at $58.56 at the most recent close of the market. An investor can expect a potential drop of -7.92% based on the average ONON price forecast.
Analyzing the ONON fundamentals
On Holding AG [NYSE:ONON] reported sales of 2.45B for the trailing twelve months, which represents a growth of 34.93%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.11 and Total Capital is 0.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 57.68 points at the first support level, and at 56.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.05, and for the 2nd resistance point, it is at 61.55.
Ratios To Look Out For
For context, On Holding AG’s Current Ratio is 2.91. Further, the Quick Ratio stands at 2.25, while the Cash Ratio is 1.4. Considering the valuation of this stock, the price to sales ratio is 7.66, the price to book ratio is 12.62 and price to earnings (TTM) ratio is 134.07.
Transactions by insiders
Recent insider trading involved Olivier Bernhard, Other: Co-Founder, that happened on Jan 06 ’25 when 0.23 million shares were purchased. Officer, Marc Maurer completed a deal on Jan 06 ’25 to buy 68653.0 shares. Meanwhile, Other:Co-Founder Caspar Coppetti bought 0.38 million shares on Dec 30 ’24.
