On Holding AG (NYSE: ONON) is -14.94% 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 $45.03 in the last trading session, with the day’s gains setting it 1.56%.
Currently trading at $46.59, the stock is 9.04% and 1.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.87 million and changing 3.46% at the moment leaves the stock -5.30% off its SMA200. ONON registered 43.97% gain for a year compared to 6-month loss of -1.67%. The firm has a 50-day simple moving average (SMA 50) of $45.9136 and a 200-day simple moving average (SMA200) of $49.19655.
The stock witnessed a 1.28% gain in the last 1 month and extending the period to 3 months gives it a -22.22%, and is 12.78% 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 3.41% over the week and 7.07% over the month.
On Holding AG (ONON) has around 3254 employees, a market worth around $15.09B and $2.63B in sales. Current P/E ratio is 55.36 and Fwd P/E is 30.66. Profit margin for the company is 10.47%. Distance from 52-week low is 56.13% and -27.26% from its 52-week high. The company has generated returns on investments over the last 12 months (14.87%).
with sales reaching $677.22M over the same period.The EPS is expected to shrink by -2.20% this year, but quarterly earnings will post 27.83% year-over-year. Quarterly sales are estimated to grow 33.26% in year-over-year returns.
On Holding AG (ONON) Top Institutional Holders
634.0 institutions hold shares in On Holding AG (ONON), with institutional investors hold 79.27% of the company’s shares. The shares outstanding are 289.30M, and float is at 216.79M with Short Float at 6.23%. Institutions hold 61.15% 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).
