NYSE:ONON ON (ONON) Stock Price, News & Analysis → Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad) Free ONON Stock Alerts $36.22 -0.08 (-0.22%) (As of 03:03 PM ET) Add Compare Share Share Today's Range$35.52▼$37.4950-Day Range$30.39▼$36.2252-Week Range$23.41▼$37.49Volume8.63 million shsAverage Volume5.36 million shsMarket Capitalization$22.81 billionP/E Ratio134.15Dividend YieldN/APrice Target$39.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get ON alerts: Email Address ON MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.76 Rating ScoreUpside/Downside9.4% Upside$39.80 Price TargetShort InterestBearish16.68% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.45Based on 42 Articles This WeekInsider TradingN/AProj. Earnings Growth38.46%From $0.65 to $0.90 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.99 out of 5 starsConsumer Discretionary Sector232nd out of 271 stocksRubber & Plastics Footwear Industry4th out of 4 stocks 2.4 Analyst's Opinion Consensus RatingON has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 14 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageON has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about ON's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted16.68% of the float of ON has been sold short.Short Interest Ratio / Days to CoverON has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in ON has recently increased by 9.86%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldON does not currently pay a dividend.Dividend GrowthON does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ONON. Previous Next 2.5 News and Social Media Coverage News SentimentON has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 42 news articles for ON this week, compared to 14 articles on an average week.Search InterestOnly 27 people have searched for ONON on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.MarketBeat Follows11 people have added ON to their MarketBeat watchlist in the last 30 days. This is an increase of 83% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ON insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 33.11% of the stock of ON is held by institutions.Read more about ON's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for ON are expected to grow by 38.46% in the coming year, from $0.65 to $0.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ON is 134.74, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 134.71.Price to Earnings Ratio vs. SectorThe P/E ratio of ON is 134.74, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.88.Price to Earnings Growth RatioON has a PEG Ratio of 1.08. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioON has a P/B Ratio of 19.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about ON's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Market Moving TrendsTop 5 AI Stocks to Buy for 20245 Best AI Stocks to Invest In Investors are getting very rich in AI stocks right now. Wall Street legend is giving away the name and ticker of the little-known AI stock Wall Street is currently buying hand-over-fist.Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In" About ON Stock (NYSE:ONON)On Holding AG engages in the development and distribution of sports products worldwide. The company offers athletic footwear, apparel, and accessories for high-performance running, outdoor, training, all-day activities, and tennis. It offers its products through independent retailers and distributors, online, and stores. The company was founded in 2010 and is headquartered in Zurich, Switzerland.Read More ONON Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ONON Stock News HeadlinesMay 14 at 10:05 AM | marketbeat.comOn Shares Move Higher in Race to a New All-Time HighOn's NYSE: ONON Q1 results prove it is gaining traction with athletes and is on track to dethrone Nike NYSE: NKE as the god of running shoes. The company's results exceeded expectations on strength in all channels, segments, and geographical regions and are expected to accelerate as the year progresses.May 14 at 10:05 AM | marketbeat.comOn Shares Move Higher in Race to a New All-Time HighOn had a solid quarter, exceeding all estimates and providing cautious guidance. The analysts like this stock and may drive it to a new high this year.May 15 at 8:52 AM | markets.businessinsider.comKeyBanc Reaffirms Their Buy Rating on On Holding AG (ONON)May 14 at 11:06 PM | investorplace.comAEON Stock Earnings: AEON Biopharma Misses EPS for Q1 2024May 14 at 10:51 PM | markets.businessinsider.comOn Holding AG: Strong Buy Rating Justified by Solid Financials and Market PositioningMay 14 at 5:51 PM | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Playa Hotels & Resorts (PLYA), On Holding AG (ONON) and Home Depot (HD)May 14 at 5:51 PM | finance.yahoo.comOn Holding Sees First Quarter Sales Record on Global DemandMay 14 at 5:51 PM | finance.yahoo.comOn Holding stock soars on 21% net sales jump, Q1 beatMay 14 at 5:51 PM | msn.comONON Earnings: On Holding Skyrockets After Bumper Q1 NumbersMay 14 at 5:51 PM | msn.comOn Holding more than doubles profitMay 14 at 12:19 PM | investorplace.comONON Stock Earnings: On Holding Beats EPS, Beats Revenue for Q1 2024May 14 at 11:23 AM | fool.comHere's Why On Stock Jumped to a 52-Week High TodayMay 14 at 9:59 AM | msn.comOn Running Stock Leaps On Major Earnings Beat, Record RevenueMay 14 at 9:59 AM | msn.comOn Holding reaches new heights with record Q1 sales and a Boston marathon winMay 14 at 9:59 AM | msn.comOn Holdings more than doubles profitMay 14 at 7:50 AM | barrons.comOn Holding Stock Jumps After Earnings. Here's Why.May 14 at 5:00 AM | businesswire.comOn Reports First Quarter 2024 ResultsMay 13 at 6:58 PM | finance.yahoo.comDow ends hot streak, meme stocks pop on major rally: Market Domination OvertimeMay 12 at 9:20 AM | seekingalpha.comOn Holding Needs A Strong First Quarter For Renewed MomentumMay 12 at 1:56 AM | americanbankingnews.comON (ONON) Scheduled to Post Quarterly Earnings on TuesdayMay 10, 2024 | investorplace.comONEXF Stock Earnings: Onex Reported Results for Q1 2024May 10, 2024 | investorplace.comMOND Stock Earnings: Mondee Hldgs Misses EPS, Beats Revenue for Q1 2024May 9, 2024 | investorplace.comIRON Stock Earnings: Disc Medicine Misses EPS for Q1 2024May 9, 2024 | investorplace.comCGON Stock Earnings: CG Oncology Misses EPS for Q1 2024May 9, 2024 | americanbankingnews.comON (NYSE:ONON) Rating Reiterated by Telsey Advisory GroupSee More Headlines Receive ONON Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ON and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/12/2024Today5/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Rubber & plastics footwear Sub-IndustryN/A Current SymbolNYSE:ONON CUSIPN/A CIK1858985 Webwww.on-running.com Phone41-44-225-1555FaxN/AEmployees2,353Year FoundedN/APrice Target and Rating Average Stock Price Target$37.53 High Stock Price Target$46.00 Low Stock Price Target$30.00 Potential Upside/Downside+3.6%Consensus RatingModerate Buy Rating Score (0-4)2.76 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$0.27 Trailing P/E Ratio134.15 Forward P/E Ratio55.72 P/E Growth1.08Net Income$88.67 million Net Margins4.04% Pretax Margin3.86% Return on Equity6.85% Return on Assets4.52% Debt Debt-to-Equity RatioN/A Current Ratio3.77 Quick Ratio2.60 Sales & Book Value Annual Sales$2.00 billion Price / Sales11.43 Cash Flow$0.30 per share Price / Cash Flow120.09 Book Value$1.90 per share Price / Book19.06Miscellaneous Outstanding Shares629,650,000Free FloatN/AMarket Cap$22.81 billion OptionableOptionable Beta2.17 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. David Allemann (Age 53)Co-Founder & Executive Co-Chairman Mr. Caspar Coppetti (Age 47)Co-Founder & Executive Co-Chairman Mr. Martin Hoffmann (Age 45)Co-CEO & CFO Mr. Marc Maurer (Age 42)Co-Chief Executive Officer Mr. Olivier Bernhard (Age 55)Co-Founder & Executive Director Ms. Jiahui YinChief Operating OfficerNarek VerdianChief Technology OfficerMr. Alex GriffinChief Marketing OfficerMs. Noa Perry-ReiferChief People OfficerMr. Gerald MarolfChief Product OfficerMore ExecutivesKey CompetitorsCrocsNASDAQ:CROXLive Nation EntertainmentNYSE:LYVKellanovaNYSE:KRogers CommunicationsNYSE:RCIWarner Bros. DiscoveryNASDAQ:WBDView All CompetitorsInstitutional OwnershipPEAK6 Investments LLCBought 29,600 shares on 5/15/2024Ownership: 0.000%Guardian Capital Advisors LPSold 9,800 shares on 5/15/2024Ownership: 0.004%Lazard Asset Management LLCSold 37,829 shares on 5/15/2024Ownership: 0.004%Gabelli Funds LLCSold 23,087 shares on 5/15/2024Ownership: 0.004%1832 Asset Management L.P.Sold 3,156,400 shares on 5/15/2024Ownership: 0.001%View All Institutional Transactions ONON Stock Analysis - Frequently Asked Questions Should I buy or sell ON stock right now? 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ON in the last year. There are currently 4 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ONON shares. View ONON analyst ratings or view top-rated stocks. What is ON's stock price target for 2024? 18 brokerages have issued twelve-month price targets for ON's shares. Their ONON share price targets range from $33.00 to $55.00. On average, they expect the company's share price to reach $39.80 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price. View analysts price targets for ONON or view top-rated stocks among Wall Street analysts. How have ONON shares performed in 2024? ON's stock was trading at $26.97 at the beginning of 2024. Since then, ONON stock has increased by 34.9% and is now trading at $36.38. View the best growth stocks for 2024 here. When is ON's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 20th 2024. View our ONON earnings forecast. How were ON's earnings last quarter? On Holding AG (NYSE:ONON) posted its earnings results on Tuesday, March, 12th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.18. The company had revenue of $504.69 million for the quarter, compared to analysts' expectations of $515.30 million. ON had a net margin of 4.04% and a trailing twelve-month return on equity of 6.85%. What ETFs hold ON's stock? ETFs with the largest weight of ON (NYSE:ONON) stock in their portfolio include Northern Lights Fund Trust IV - Long Cramer Tracker ETF (LJIM), Global X Health & Wellness ETF (BFIT), VegTech Plant-based Innovation & Climate ETF (EATV), Renaissance IPO ETF (IPO), Future Fund Long/Short ETF (FFLS), Future Fund Active ETF (FFND), First Trust IPOX Europe Equity Opportunities ETF (FPXE) and Touchstone Climate Transition ETF (HEAT). What guidance has ON issued on next quarter's earnings? ON issued an update on its FY 2024 earnings guidance on Tuesday, May, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.6 billion-, compared to the consensus revenue estimate of $2.5 billion. When did ON IPO? ON (ONON) raised $591 million in an initial public offering (IPO) on Wednesday, September 15th 2021. The company issued 31,100,000 shares at $18.00-$20.00 per share. Who are ON's major shareholders? ON's stock is owned by a number of retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (0.55%), Allspring Global Investments Holdings LLC (0.35%), Allspring Global Investments Holdings LLC (0.35%), Jennison Associates LLC (0.31%), Westfield Capital Management Co. LP (0.30%) and Twin Tree Management LP (0.00%). How do I buy shares of ON? Shares of ONON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ONON) was last updated on 5/15/2024 by MarketBeat.com Staff From Our PartnersBill Clinton Backing Biden Replacement???The Freeport Societyis this a buy and hold stock?Tips4TradersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaTrump Reveals Conspiracy Behind Fed-Controlled Digital Currency.Monetary GoldTop 5 Tech Stocks to Buy for 2024Daily Market AlertsTop 5 AI Stocks to Buy for 2024Market Moving TrendsWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks News[URGENT] DO NOT Touch These AI Stocks!Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding On Holding AG Please log in to your account or sign up in order to add this asset to your watchlist. 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