Large-cap Consumer Discretionary company On has logged a -13.2% change today on a trading volume of 4,706,110. The average volume for the stock is 4,452,530.
On Holding AG engages in the development and distribution of sports products worldwide. Based in Zurich, Switzerland the company has 3,254 full time employees and a market cap of $12,622,895,104.
The company is now trading -40.37% away from its average analyst target price of $65.37 per share. The 28 analysts following the stock have set target prices ranging from $45.37966 to $75.76889, and on average give On a rating of buy.
Over the last 52 weeks, ONON stock has risen 39.7%, which amounts to a 29.5% difference compared to the S&P 500. The stock's 52 week high is $64.05 whereas its 52 week low is $29.84 per share. Based on On's average net margin growth of 36.4% over the last 3 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 567,700 | 30,800 | 5 | 25.0 |
| 2023 | 1,792,100 | 79,600 | 4 | -20.0 |
| 2022 | 1,222,100 | 57,700 | 5 | 121.74 |
| 2021 | 724,600 | -170,200 | -23 | -283.33 |
| 2020 | 425,300 | -27,500 | -6 | -500.0 |
| 2019 | 267,120 | -1,473 | -1 |
