On Holding AG [ONON] stock prices are up 5.81% to $50.63 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ONON shares have gain 4.61% over the last week, with a monthly amount drifted -15.45%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On Holding AG [NYSE: ONON] stock has seen the most recent analyst activity on February 12, 2025, when Goldman downgraded its rating to a Neutral but kept the price target unchanged to $57 for it. On December 18, 2024, Citigroup initiated with a Neutral rating and assigned a price target of $65 on the stock. Needham started tracking the stock assigning a Buy rating and suggested a price target of $64 on November 22, 2024. Raymond James upgraded its rating to a Strong Buy and raised its price target to $63 on November 21, 2024. BTIG Research upgraded its rating to Buy for this stock on November 13, 2024, but kept the price target unchanged to $64. In a note dated November 13, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $53 to $62.
The stock price of On Holding AG [ONON] has been fluctuating between $27.37 and $64.05 over the past year. Currently, Wall Street analysts expect the stock to reach $56.88 within the next 12 months. On Holding AG [NYSE: ONON] shares were valued at $50.63 at the most recent close of the market. An investor can expect a potential return of 12.34% based on the average ONON price forecast.
Analyzing the ONON fundamentals
The On Holding AG [NYSE:ONON] reported sales of 2.45B for trailing twelve months, representing a surge 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 48.76 points at the first support level, and at 46.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.12, and for the 2nd resistance point, it is at 53.60.
Ratios To Look Out For
It’s worth pointing out that On Holding AG [NYSE:ONON]’s Current Ratio is 2.91. In addition, the Quick Ratio stands at 2.25 and the Cash Ratio stands at 1.4. Considering the valuation of this stock, the price to sales ratio is 6.69, the price to book ratio is 10.91 and price to earnings (TTM) ratio is 115.91.
Transactions by insiders
Recent insider trading involved Olivier Bernhard, Other: Co-Founder, that happened on Jan 30 ’25 when 0.38 million shares were purchased. Other: Co-Founder, Olivier Bernhard completed a deal on Jan 06 ’25 to buy 0.23 million shares. Meanwhile, Officer Marc Maurer bought 68653.0 shares on Jan 06 ’25.
