On Holding AG (NYSE: ONON) is -12.00% 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 $48.89 in the last trading session, with the day’s loss setting it -0.69%.
Currently trading at $48.20, the stock is 7.77% and 5.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.16 million and changing -1.41% at the moment leaves the stock -2.60% off its SMA200. ONON registered 47.22% gain for a year compared to 6-month loss of 1.64%.
The stock witnessed a 21.69% gain in the last 1 month and extending the period to 3 months gives it a -17.38%, and is 0.63% 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 3.02% over the week and 5.49% over the month.
On Holding AG (ONON) has around 3254 employees, a market worth around $15.61B and $2.63B in sales. Current P/E ratio is 57.27 and Fwd P/E is 31.61. Profit margin for the company is 10.47%. Distance from 52-week low is 61.53% and -24.75% 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 -0.78% this year.
On Holding AG (ONON) Top Institutional Holders
The shares outstanding are 289.30M, and float is at 216.79M with Short Float at 6.23%.
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, Caspar Coppetti (Other:Co-Founder) Proposed Sale 382,200 shares at an average price of $43.92 for $16.79 million. The insider now directly holds shares of On Holding AG (ONON).
