On Holding AG (ONON)
| Market Cap | 18.29B |
| Revenue (ttm) | 2.56B |
| Net Income (ttm) | 149.16M |
| Shares Out | 320.12M |
| EPS (ttm) | 0.46 |
| PE Ratio | 125.09 |
| Forward PE | 53.93 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,969,097 |
| Open | 53.80 |
| Previous Close | 55.14 |
| Day's Range | 53.10 - 57.56 |
| 52-Week Range | 25.78 - 60.12 |
| Beta | 2.30 |
| Analysts | Strong Buy |
| Price Target | 54.70 (-4.27%) |
| Earnings Date | Nov 12, 2024 |
About ONON
On Holding AG engages in the development and distribution of sports products worldwide. The company offers athletic footwear, apparel, and accessories for high-performance running, outdoor, training, all-day activities, and tennis. It offers its products through independent retailers and distributors, online, and stores. The company was founded in 2010 and is headquartered in Zurich, Switzerland. [Read more]
Financial Performance
In 2023, On Holding AG's revenue was 1.79 billion, an increase of 46.64% compared to the previous year's 1.22 billion. Earnings were 79.60 million, an increase of 37.95%.
Financial numbers in CHF Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for ONON stock is "Strong Buy." The 12-month stock price forecast is $54.7, which is a decrease of -4.27% from the latest price.
News
On Holding: Initiating At 'Buy' Despite Doubling In 2024
On Holding is in a strong uptrend, supported by robust revenue growth and a successful direct-to-consumer strategy, despite high valuation concerns. The stock's valuation at 51X next year's earnings a...
Final Trades: Amazon, AGCO, On Holding and Las Vegas Sands
The Investment Committee give you their top stocks to watch for the second half.
Apparel stock plays under Trump: Nike, Steve Madden, ON
This segment was originally recorded on Monday November 25, 2024. As President-elect Donald Trump's second term in the White House draws nearer, investors weigh how the former president's actual tarif...
Final Trades: EQT, Meta, On Holdings and the IYF
The Investment Committee give you their top stocks to watch for the second half.
ON Holding: This Shoemaker Is Flying High
Shares of On Holdings have continued their 100%+ YTD rally after releasing very healthy Q3 results. Revenue grew 30%+ y/y in Q3, with On exhibiting none of the U.S. weakness that other consumer-facing...
On Holding's Q3 Results Show Sustained Growth And High Upside From LightSpray
On Holding reported strong Q3 2024 results, achieving record sales, gross margin, and adjusted EBITDA margin, and raised its FY2024 net sales guidance. LightSpray technology has significant potential ...
On Holding stock is doing well; but does ONON have more upside?
On Holding stock price is hovering near its highest level on record as the company's growth trajectory gains momentum. ONON shares surged to an all-time high of $53.97 on Monday and then pulled back t...
On Holding AG (ONON) Q3 2024 Earnings Call Transcript
On Holding AG (NYSE:ONON) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Jerrit Peter - Head of Investor Relations Caspar Coppetti - Co-Founder & Executive Co-Chai...
High-End Sneaker Maker On Holding's Costs Rise as Sales Set a Record
On Holding AG (ONON) shares bounced between gains and losses Tuesday after the maker of high-end sneakers reported mixed results as higher costs and foreign currency impacts offset record sales.
SHOP Pops After Earnings, ONON Steps Down, LYV Takes Spotlight
Shopify (SHOP) surged to the upside after earnings, which Caroline Woods points to another sign that "people keep spending" despite recent economic crutches. ON Holding (ONON) traded down after report...
On Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2024
ZURICH--(BUSINESS WIRE)--On Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2024.
Can ONON Jump "Really High Bar" for Earnings?
Megan Brantley with @LikeFolio believes On Holding's (ONON) "high quality" customer service and consumer happiness will show in its earnings report. One blemish she sees heading into tomorrow's report...
The Setup on Earnings this week: On Holdings, Home Depot, Spotify and Disney
The Investment Committee give you the setup on earnings reporting this week.
Shoe Brands' Secret to Success? Going Slow
Trendy shoe brands such as Hoka, On and Birkenstock are taking a page out of luxury's playbook.
On to Release Third Quarter 2024 Results on Tuesday, November 12, 2024
ZURICH--(BUSINESS WIRE)--On to Release Third Quarter 2024 Results on Tuesday, November 12, 2024.
Up 114% YoY, Is On Holding Still A Buy?
On Holding has experienced a 114% rally, yet the stock's bullish sentiment could be sustained. The company's rapid growth, premium positioning, and strong financials support continued expansion. Margi...
On Holding: Pricey, But Well Positioned
On Holding shares are up significantly this year despite the lack of upside to the full-year guidance. The market is seemingly looking forward rather than back and has focused on the growth reaccelera...
Up 90% and Still Running: On Holding Stock's Remarkable Climb
While footwear manufacturers like Nike Inc. NKE, Crocs Inc. CROX, and Skechers U.S.A. Inc. SKX stocks took hits with contracting sales due to weaker consumer spending, ON Holdings AG ONON has been qui...
Calls of the Day: On Holding and Tesla
The Investment Committee discuss the latest Calls Of The Day.
On Holding: This Is An Incredible Brand To Invest In, Even After Its YTD Rally
On Holdings, a Swiss running shoe maker, has seen its shares nearly double this year as it captures market share from struggling Nike. Despite On's premium valuation after a sharp YTD rally, I rate it...
Market Navigator: Trading On Holding to the upside
Todd Gordon, Inside Edge Capital founder, joins 'Power Lunch' to discuss how to trade On Holding to the upside.
On Holding: A Growth Stock To Buy
The company delivered supportive Q2 results with lower inventory year-on-year. On Holding's strategy includes expanding into new sports and product categories, leveraging the Paris Olympics, growing i...
On Holding: Up 60% YTD, Still More Room To Run
On Holding stock is up 60%+ YTD, outperforming peers by a wide margin. On's Revenue growth re-accelerated in Q2, despite warehouse challenges. The company's breakthrough LightSpray technology and ware...
On Holding Co-CEO Martin Hoffmann goes one-on-one with Jim Cramer
On Holding Co-CEO and CFO Martin Hoffmann joins 'Mad Money' host Jim Cramer to talk quarterly results, representation in the Olympics, and more.
On Holding AG (ONON) Q2 2024 Earnings Call Transcript
On Holding AG (NYSE:ONON) Q2 2024 Earnings Conference Call August 13, 2024 8:00 AM ET Company Participants Jerrit Peter - Head, IR David Allemann - Co-Founder and Executive Co-Chairman Martin Hoffman...