B
Bull
Bull · 25%ONON
$89.58
Scenario price
$28.500
-0.345 (-1.21%)At close
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- High
- 28.830
- Open
- 28.810
- VWAP
- 28.51
- Vol
- 6.70M
- Mkt Cap
- 12.46B
- Low
- 28.205
- Amount
- 190.97M
- EV/EBITDA, TTM
- 12.44
On Holding AG is a Switzerland-based company active in athletic sports accesories industry. The Company provides footwear and sports apparel and is engaged in developing and distributing performance sports products, through independent retailers and global distributors. The Company sells its products trough the internet and its own stores.
AI analysis of On Holding AG (ONON)
sellOn Holding AG is not a good buy right now due to its current price of $28.85, which is significantly below its recent analyst price targets, such as $40 from Truist and $43 from Telsey Advisory. The stock has also seen a year-to-date decline of 38.55%, reflecting ongoing challenges in the retail sector and weak demand for athletic footwear. Additionally, the RSI is at a low 24.422, indicating oversold conditions, but this could also suggest further downside risk before a potential rebound.
Valuation Metrics
The current forward P/E ratio for On Holding AG (ONON) is 17.64, compared to its 5-year average forward P/E of 50.32.
Alphio AI Price Scenarios for ONON
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.
Whales holding ONON
Events Timeline
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5.008-18FoolExecutive Increases Stake in On Holding AG
5.008-18NASDAQ.COMExecutive Increases Stake in On Holding
ONON FAQ — answered by Alphio AI
On Holding AG is a Switzerland-based company active in athletic sports accesories industry. The Company provides footwear and sports apparel and is engaged in developing and distributing performance sports products, through independent retailers and global distributors. The Company sells its products trough the internet and its own stores. It operates in the Consumer Cyclicals sector.
On Holding AG is not a good buy right now due to its current price of $28.85, which is significantly below its recent analyst price targets, such as $40 from Truist and $43 from Telsey Advisory. The stock has also seen a year-to-date decline of 38.55%, reflecting ongoing challenges in the retail sector and weak demand for athletic footwear. Additionally, the RSI is at a low 24.422, indicating oversold conditions, but this could also suggest further downside risk before a potential rebound.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.