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As of close of business last night, On Holding AG’s stock clocked out at $53.74, up 0.64% from its previous closing price of $53.40. In other words, the price has increased by $0.64 from its previous closing price. On the day, 1.65 million shares were traded. ONON stock price reached its highest trading level at $54.4799 during the session, while it also had its lowest trading level at $52.75.
Ratios:
To gain a deeper understanding of ONON’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.34. For the most recent quarter (mrq), Quick Ratio is recorded 2.25 and its Current Ratio is at 2.91. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.22.
On November 13, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $53 to $62.
Telsey Advisory Group reiterated its Outperform rating for the stock on November 06, 2024, while the target price for the stock was revised from $47 to $53.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 17374304256 and an Enterprise Value of 16901451776. As of this moment, On’s Price-to-Earnings (P/E) ratio for their current fiscal year is 123.03, and their Forward P/E ratio for the next fiscal year is 50.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.03 while its Price-to-Book (P/B) ratio in mrq is 11.58. Its current Enterprise Value per Revenue stands at 7.829 whereas that against EBITDA is 65.841.
Stock Price History:
Over the past 52 weeks, ONON has reached a high of $56.44, while it has fallen to a 52-week low of $25.78. The 50-Day Moving Average of the stock is 7.46%, while the 200-Day Moving Average is calculated to be 33.08%.
Shares Statistics:
It appears that ONON traded 4.29M shares on average per day over the past three months and 5290430 shares per day over the past ten days. A total of 284.22M shares are outstanding, with a floating share count of 213.21M. Insiders hold about 33.40% of the company’s shares, while institutions hold 55.30% stake in the company. Shares short for ONON as of 1730332800 were 22589669 with a Short Ratio of 5.27, compared to 1727654400 on 25411233. Therefore, it implies a Short% of Shares Outstanding of 22589669 and a Short% of Float of 10.27.
