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On Holding AG (NYSE: ONON) closed the day trading at $49.39 down -0.44% from the previous closing price of $49.61. In other words, the price has decreased by -$0.44 from its previous closing price. On the day, 3.34 million shares were traded. ONON stock price reached its highest trading level at $49.8558 during the session, while it also had its lowest trading level at $48.97.
Ratios:
For a better understanding of ONON, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.05. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 15810726912 and an Enterprise Value of 15478340608. As of this moment, On’s Price-to-Earnings (P/E) ratio for their current fiscal year is 92.35, and their Forward P/E ratio for the next fiscal year is 45.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.01 while its Price-to-Book (P/B) ratio in mrq is 11.54. Its current Enterprise Value per Revenue stands at 7.726 whereas that against EBITDA is 71.959.
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 $23.81. The 50-Day Moving Average of the stock is 5.96%, while the 200-Day Moving Average is calculated to be 31.87%.
Shares Statistics:
Over the past 3-months, ONON traded about 4.91M shares per day on average, while over the past 10 days, ONON traded about 3217840 shares per day. 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 56.07% stake in the company. Shares short for ONON as of 1727654400 were 25411233 with a Short Ratio of 5.18, compared to 1724976000 on 31032958. Therefore, it implies a Short% of Shares Outstanding of 25411233 and a Short% of Float of 11.55.
