Reasons why On Holding AG’s (NYSE:ONON) fundamentals are futile

In Wednesday’s Wall Street session, On Holding AG (NYSE:ONON) shares traded at $57.59, up 0.37% from the previous session.

ONON stock price is now 25.11% away from the 50-day moving average and 15.49% away from the 200-day moving average. The market capitalization of the company currently stands at $18.65B.

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With the price target reduced from $67 to $65, Telsey Advisory Group maintained Outperform rating for On Holding AG (NYSE: ONON). On April 28, 2025, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $60, while ‘Jefferies’ rates the stock as ‘Hold’

In other news, Olivier Bernhard, Other: Co-Founder bought 285,900 shares of the company’s stock on May 05 ’25. The stock was bought for $13,983,369 at an average price of $48.91. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 07 ’25, Officer Marc Maurer bought 68,653 shares of the business’s stock. A total of $2,812,713 was incurred on buying the stock at an average price of $40.97. A total of 33.06% of the company’s stock is owned by insiders.

During the past 12 months, On Holding AG has had a low of $33.55 and a high of $64.05. As of last week, the company has a debt-to-equity ratio of 0.27, a current ratio of 2.80, and a quick ratio of 2.18. According to the stock market information, the enterprise value for the company is $18307008512, which is based on a 81.03 price-to-earnings ratio, a 4.34 price-to-earnings-growth ratio, and a beta of 2.33. The fifty day moving average price for ONON is $46.0312 and a two-hundred day moving average price translates $49.8655 for the stock.

The latest earnings results from On Holding AG (NYSE: ONON) was released for 2025-03-31. The net profit margin was 8.19% and return on equity was 15.84% for ONON. The company reported revenue of $808.27 million for the quarter, compared to $580.92 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.14 percent.

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