On Holding AG (NYSE: ONON) is 4.77% higher on its value in year-to-date trading and has touched a low of $30.32 and a high of $64.05 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ONON stock was last observed hovering at around $51.31 in the last trading session, with the day’s gains setting it 6.07%.
Currently trading at $57.38, the stock is 22.44% and 25.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.61 million and changing 11.83% at the moment leaves the stock 15.27% off its SMA200. ONON registered 83.32% gain for a year compared to 6-month loss of 13.89%.
The stock witnessed a 31.88% gain in the last 1 month and extending the period to 3 months gives it a 6.32%, and is 19.05% 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 3.85% over the week and 3.56% over the month.
On Holding AG (ONON) has around 3254 employees, a market worth around $18.58B and $2.63B in sales. Current P/E ratio is 68.18 and Fwd P/E is 39.52. Profit margin for the company is 10.47%. Distance from 52-week low is 89.25% and -10.41% 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 -6.26% 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).
