Large-cap Consumer Discretionary company On has moved -1.3% so far today on a volume of 2,460,245, compared to its average of 6,013,352. In contrast, the S&P 500 index moved 0.0%.
On trades -31.77% away from its average analyst target price of $65.96 per share. The 28 analysts following the stock have set target prices ranging from $39.875244 to $79.29729, and on average have given On a rating of buy.
Anyone interested in buying ONON should be aware of the facts below:
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On's current price is 371.7% above its Graham number of $9.54, which implies that at its current valuation it does not offer a margin of safety
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On has moved -4.9% over the last year, and the S&P 500 logged a change of 14.5%
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Based on its trailing earnings per share of 0.52, On has a trailing 12 month Price to Earnings (P/E) ratio of 86.5 while the S&P 500 average is 29.3
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ONON has a forward P/E ratio of 40.9 based on its forward 12 month price to earnings (EPS) of $1.1 per share
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Its Price to Book (P/B) ratio is 10.52 compared to its sector average of 2.93
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On Holding AG engages in the development and distribution of sports products worldwide.
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Based in Zurich, the company has 3,254 full time employees and a market cap of $14.69 Billion.
