On Holding AG (NYSE: ONON) is -12.25% lower on its value in year-to-date trading and has touched a low of $29.84 and a high of $64.05 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ONON stock was last observed hovering at around $46.44 in the last trading session, with the day’s gains setting it 1.62%.
Currently trading at $48.06, the stock is -1.05% and -10.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.45 million and changing 3.49% at the moment leaves the stock -1.30% off its SMA200. ONON registered 44.41% gain for a year compared to 6-month gain of -2.02%. The firm has a 50-day simple moving average (SMA 50) of $53.8454 and a 200-day simple moving average (SMA200) of $48.69465.
The stock witnessed a -8.23% loss in the last 1 month and extending the period to 3 months gives it a -17.42%, and is 8.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.28% over the week and 4.91% over the month.
On Holding AG (ONON) has around 3254 employees, a market worth around $15.56B and $2.63B in sales. Current P/E ratio is 57.11 and Fwd P/E is 32.33. Profit margin for the company is 10.47%. Distance from 52-week low is 61.06% and -24.96% from its 52-week high. The company has generated returns on investments over the last 12 months (14.87%).
The EPS is expected to shrink by -0.17% this year.
On Holding AG (ONON) Top Institutional Holders
634.0 institutions hold shares in On Holding AG (ONON), with institutional investors hold 81.00% of the company’s shares. The shares outstanding are 289.30M, and float is at 216.79M with Short Float at 6.76%. Institutions hold 62.48% of the Float.
The top institutional shareholder in the company is FMR LLC with over 28.42 million shares valued at $1.1 billion. The investor’s holdings represent 8.8212% of the ONON Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 19.64 million shares valued at $761.89 million to account for 5.9994 of the shares outstanding. The other top investors are ALLIANCEBERNSTEIN L.P. which holds 11.18 million shares representing 3.4685% and valued at over $433.6 million, while SELECT EQUITY GROUP, L.P. holds 2.2663 of the shares totaling 7.42 million with a market value of $287.81 million.
On Holding AG (ONON) Insider Activity
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Still, SEC filings show that on Mar 06 ’25, Bernhard Olivier (Officer) Proposed Sale 7,988 shares at an average price of $51.14 for $0.41 million. The insider now directly holds shares of On Holding AG (ONON).
