On Holding AG (NYSE: ONON) is -25.20% 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 $39.61 in the last trading session, with the day’s gains setting it 1.36%.
Currently trading at $40.97, the stock is -8.97% and -18.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.38 million and changing 3.43% at the moment leaves the stock -16.14% off its SMA200. ONON registered 27.43% gain for a year compared to 6-month loss of -17.52%. The firm has a 50-day simple moving average (SMA 50) of $50.1522 and a 200-day simple moving average (SMA200) of $48.8552.
The stock witnessed a -12.19% gain in the last 1 month and extending the period to 3 months gives it a -27.64%, and is -6.72% down 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 11.53% over the week and 6.21% over the month.
On Holding AG (ONON) has around 3254 employees, a market worth around $13.27B and $2.63B in sales. Current P/E ratio is 48.68 and Fwd P/E is 26.95. Profit margin for the company is 10.47%. Distance from 52-week low is 37.30% and -36.03% from its 52-week high. The company has generated returns on investments over the last 12 months (14.87%).
with sales reaching $676.17M over the same period.The EPS is expected to grow by 1.81% this year, but quarterly earnings will post 28.58% year-over-year. Quarterly sales are estimated to grow 33.05% in year-over-year returns.
On Holding AG (ONON) Top Institutional Holders
629.0 institutions hold shares in On Holding AG (ONON), with institutional investors hold 79.34% of the company’s shares. The shares outstanding are 289.30M, and float is at 216.79M with Short Float at 5.83%. Institutions hold 61.20% 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 8.6835% 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 3.4143% 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 31 ’25, Martin Hoffman (Officer) Proposed Sale 57,395 shares at an average price of $43.92 for $2.52 million. The insider now directly holds shares of On Holding AG (ONON).
