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In the latest session, On Holding AG (NYSE: ONON) closed at $49.67 up 0.93% from its previous closing price of $49.21. In other words, the price has increased by $0.93 from its previous closing price. On the day, 2.39 million shares were traded. ONON stock price reached its highest trading level at $49.67 during the session, while it also had its lowest trading level at $48.5301.
Ratios:
For a deeper understanding of On Holding AG’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.28. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 2.98. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on September 23, 2024, Upgraded its rating to Neutral and sets its target price to $55 from $21 previously.
On September 05, 2024, HSBC Securities started tracking the stock assigning a Hold rating and target price of $52.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 01 ’24 when Olivier Bernhard bought 841,900 shares for $50.15 per share.
Marc Maurer bought 524,041 shares of ONON for $26,280,656 on Oct 01 ’24. On Oct 01 ’24, another insider, Martin Hoffman, who serves as the Officer of the company, bought 341,815 shares for $50.15 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ONON now has a Market Capitalization of 15753138176 and an Enterprise Value of 15567974400. As of this moment, On’s Price-to-Earnings (P/E) ratio for their current fiscal year is 92.88, and their Forward P/E ratio for the next fiscal year is 44.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.05 while its Price-to-Book (P/B) ratio in mrq is 11.61. Its current Enterprise Value per Revenue stands at 7.77 whereas that against EBITDA is 72.376.
Stock Price History:
Over the past 52 weeks, ONON has reached a high of $52.16, while it has fallen to a 52-week low of $23.41. The 50-Day Moving Average of the stock is 11.35%, while the 200-Day Moving Average is calculated to be 36.08%.
Shares Statistics:
For the past three months, ONON has traded an average of 5.01M shares per day and 3706060 over the past ten days. A total of 284.22M shares are outstanding, with a floating share count of 209.41M. Insiders hold about 34.58% of the company’s shares, while institutions hold 56.25% stake in the company. Shares short for ONON as of 1726185600 were 29841154 with a Short Ratio of 5.95, compared to 1723680000 on 27779704. Therefore, it implies a Short% of Shares Outstanding of 29841154 and a Short% of Float of 13.569999999999999.
