ON (NYSE: ONON) has recently received a number of price target changes and ratings updates:
- 5/7/2024 – ON had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $37.00 price target on the stock.
- 5/6/2024 – ON had its price target raised by analysts at Morgan Stanley from $32.00 to $35.00. They now have an “overweight” rating on the stock.
- 5/2/2024 – ON had its price target raised by analysts at TD Cowen from $36.00 to $38.00. They now have a “buy” rating on the stock.
- 4/24/2024 – ON had its “outperform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $37.00 price target on the stock.
- 4/22/2024 – ON had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $32.00 price target on the stock.
- 4/16/2024 – ON is now covered by analysts at William Blair. They set an “outperform” rating on the stock.
- 4/11/2024 – ON had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $32.00 price target on the stock.
- 4/1/2024 – ON is now covered by analysts at Barclays PLC. They set an “overweight” rating and a $38.00 price target on the stock.
- 3/21/2024 – ON had its price target raised by analysts at Piper Sandler from $37.00 to $39.00. They now have an “overweight” rating on the stock.
- 3/18/2024 – ON was downgraded by analysts at TheStreet from a “c” rating to a “d+” rating.
- 3/13/2024 – ON had its price target lowered by analysts at Morgan Stanley from $34.00 to $32.00. They now have an “overweight” rating on the stock.
- 3/13/2024 – ON had its price target lowered by analysts at Evercore ISI from $40.00 to $37.00. They now have an “outperform” rating on the stock.
- 3/13/2024 – ON had its price target raised by analysts at Truist Financial Co. from $29.00 to $30.00. They now have a “hold” rating on the stock.
ON Stock Performance
Shares of NYSE ONON opened at $34.02 on Wednesday. On Holding AG has a fifty-two week low of $23.41 and a fifty-two week high of $37.08. The company has a market cap of $21.42 billion, a PE ratio of 126.00, a P/E/G ratio of 1.16 and a beta of 2.17. The business has a 50-day simple moving average of $33.26 and a two-hundred day simple moving average of $30.05.
ON (NYSE:ONON – Get Free Report) last posted its quarterly earnings results on Tuesday, March 12th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.18). ON had a return on equity of 6.85% and a net margin of 4.04%. The company had revenue of $504.69 million during the quarter, compared to analysts’ expectations of $515.30 million. On average, sell-side analysts predict that On Holding AG will post 0.65 earnings per share for the current fiscal year.
Institutional Investors Weigh In On ON
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.
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