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As of close of business last night, On Holding AG’s stock clocked out at $47.42, down -2.85% from its previous closing price of $48.81. In other words, the price has decreased by -$2.85 from its previous closing price. On the day, 2.86 million shares were traded. ONON stock price reached its highest trading level at $48.75 during the session, while it also had its lowest trading level at $47.02.
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 20.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.45. 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:
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 15625078784 and an Enterprise Value of 14847704064. As of this moment, On’s Price-to-Earnings (P/E) ratio for their current fiscal year is 88.67, and their Forward P/E ratio for the next fiscal year is 44.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.73 while its Price-to-Book (P/B) ratio in mrq is 11.08. Its current Enterprise Value per Revenue stands at 7.411 whereas that against EBITDA is 69.027.
Stock Price History:
Over the past 52 weeks, ONON has reached a high of $52.80, while it has fallen to a 52-week low of $24.15. The 50-Day Moving Average of the stock is -2.32%, while the 200-Day Moving Average is calculated to be 22.44%.
Shares Statistics:
It appears that ONON traded 4.60M shares on average per day over the past three months and 3105010 shares per day 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 55.37% stake in the company. Shares short for ONON as of 1728950400 were 23119941 with a Short Ratio of 5.03, compared to 1726185600 on 29841154. Therefore, it implies a Short% of Shares Outstanding of 23119941 and a Short% of Float of 10.5100006.
