On Holding Stock Today

ONON Stock  USD 58.33  0.43  0.74%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
On Holding is selling at 58.33 as of the 30th of November 2024; that is 0.74 percent increase since the beginning of the trading day. The stock's open price was 57.9. On Holding has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for On Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
15th of September 2021
Category
Consumer Cyclical
Classification
Consumer Discretionary
On Holding AG develops and distributes sports products worldwide. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland. On Holding operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. The company has 288.76 M outstanding shares of which 19.17 M shares are now shorted by private and institutional investors with about 4.91 trading days to cover. More on On Holding

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ONON Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic IdeaApparel (View all Themes)
Business ConcentrationTextiles, Apparel & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, Apparel, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Footwear & Accessories, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.221.125
Significantly Up
Slightly volatile
Gross Profit Margin0.460.5956
Significantly Down
Very volatile
Total Current Liabilities199.1 M305.6 M
Way Down
Slightly volatile
Non Current Liabilities Total138.9 M212.9 M
Way Down
Slightly volatile
Total AssetsB1.6 B
Way Down
Slightly volatile
Total Current Assets785.4 M1.2 B
Way Down
Slightly volatile
Debt Levels
On Holding can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand On Holding's financial leverage. It provides some insight into what part of On Holding's total assets is financed by creditors.
Liquidity
On Holding currently holds 229 M in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest the company is not taking enough advantage from borrowing. On Holding has a current ratio of 4.4, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about On Holding's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(7.67 Million)
On Holding (ONON) is traded on New York Stock Exchange in USA. It is located in Förrlibuckstrasse 190, Zurich, Switzerland, 8005 and employs 2,353 people. On Holding is listed under Textiles, Apparel & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 18.72 B. On Holding conducts business under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 288.76 M outstanding shares of which 19.17 M shares are now shorted by private and institutional investors with about 4.91 trading days to cover. On Holding currently holds about 577.55 M in cash with 232.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.83.
Check On Holding Probability Of Bankruptcy
Ownership Allocation
On Holding secures a total of 288.76 Million outstanding shares. Over half of On Holding's outstanding shares are owned by institutions. These institutions are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company retains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check ONON Ownership Details

ONON Stock Institutional Holders

InstituionRecorded OnShares
William Blair Investment Management, Llc2024-09-30
3.2 M
Bamco Inc2024-09-30
3.2 M
T. Rowe Price Associates, Inc.2024-06-30
3.1 M
Ubs Group Ag2024-06-30
2.7 M
Goldman Sachs Group Inc2024-06-30
2.4 M
Anomaly Capital Management, Lp2024-09-30
2.2 M
1832 Asset Management L.p2024-09-30
2.2 M
Pictet Asset Manangement Sa2024-06-30
2.1 M
Bank Of America Corp2024-06-30
2.1 M
Morgan Stanley - Brokerage Accounts2024-06-30
39.3 M
Fmr Inc2024-09-30
28.4 M
View On Holding Diagnostics

On Holding Historical Income Statement

At this time, On Holding's Income Before Tax is very stable compared to the past year. As of the 30th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 69.7 M, though Tax Provision is likely to grow to (10 M). View More Fundamentals

ONON Stock Against Markets

On Holding Corporate Management

Gerald MarolfChief OfficerProfile
Alex GriffinHead MarketingProfile
Thilo BrunnerChief OfficerProfile
Narek VerdianChief OfficerProfile
Olivier BernhardCoFounder DirectorProfile
Caspar CoppettiCoFounder CoChairmanProfile
Samuel WengerChief OfficerProfile
When determining whether On Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of On Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of On Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on On Holding Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in On Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in ONON Stock, please use our How to Invest in On Holding guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Textiles, Apparel & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of On Holding. If investors know ONON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about On Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Earnings Share
0.44
Revenue Per Share
6.706
Quarterly Revenue Growth
0.323
Return On Assets
0.0652
The market value of On Holding is measured differently than its book value, which is the value of ONON that is recorded on the company's balance sheet. Investors also form their own opinion of On Holding's value that differs from its market value or its book value, called intrinsic value, which is On Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because On Holding's market value can be influenced by many factors that don't directly affect On Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between On Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if On Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, On Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.