On Holding AG [NYSE: ONON] stock went on an upward path that rose over 2.13% on Tuesday, amounting to a one-week price decrease of less than -10.78%.
Over the last 12 months, ONON stock rose by 41.07%. The one-year On Holding AG stock forecast points to a potential upside of 30.59. The average equity rating for ONON stock is currently 1.41, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $14.63 billion, with 289.30 million shares outstanding and 215.99 million shares in the current float. Compared to the average trading volume of 3.93M shares, ONON stock reached a trading volume of 5904486 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on On Holding AG [ONON]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ONON shares is $65.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ONON stock is a recommendation set at 1.41. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
HSBC Securities have made an estimate for On Holding AG shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Mar-12-25. The new note on the price target was released on February 12, 2025, representing the official price target for On Holding AG stock. Previously, the target price had yet another raise to $73, while BofA Securities analysts kept a Buy rating on ONON stock.
The Average True Range (ATR) for On Holding AG is set at 2.80, with the Price to Sales ratio for ONON stock in the period of the last 12 months amounting to 5.55. The Price to Book ratio for the last quarter was 9.52, with the Price to Cash per share for the same quarter was set at 3.15. Price to Free Cash Flow for ONON in the course of the last twelve months was 29.51 with Quick ratio for the last quarter at 2.03.
ONON Stock Performance Analysis:
On Holding AG [ONON] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.78. With this latest performance, ONON shares dropped by -19.93% in over the last four-week period, additionally plugging by 1.64% over the last 6 months – not to mention a rise of 41.07% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ONON stock in for the last two-week period is set at 36.24, with the RSI for the last a single of trading hit 35.16, and the three-weeks RSI is set at 37.79 for On Holding AG [ONON]. The present Moving Average for the last 50 days of trading for this stock 54.53, while it was recorded at 47.61 for the last single week of trading, and 48.55 for the last 200 days.
Insight into On Holding AG Fundamentals:
On Holding AG’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.03 and a Current Ratio set at 2.66.
ONON Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ONON. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for On Holding AG go to 20.31%.
On Holding AG [ONON] Institutonal Ownership Details
The top three institutional holders of ONON stocks are: FMR LLC with ownership of 28.42 million shares, which is approximately 8.8212%. MORGAN STANLEY, holding 19.64 million shares of the stock with an approximate value of $$761.89 million in ONON stocks shares; and MORGAN STANLEY, currently with $$433.6 million in ONON stock with ownership which is approximately 3.4685%.
