Streetbeat News

ONON

On Holding AG

https://www.on-running.com

Industry

Apparel - Retail

On Holding AG develops and distributes sports products worldwide. It offers athletic footwear, apparel, and accessories. The company offers its products through independent retailers and distributors, online, and stores. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.

Open

49.72

Mkt cap

16B

Volume

2.7M

High

51.75

P/E Ratio

88.84

52-wk high

52.80

Low

49.60

Div yield

N/A

52-wk low

24.15

Jim Cramer shared his views on several companies on CNBC's 'Mad Money Lightning Round.' He described Marvell Technology's recent quarter as mixed and highlighted its partnership with TSMC. Cramer recommended Datadog, calling it a 'dynamite' company despite its high price. He labeled Centrus Energy as speculative and preferred the upcoming GE spinoff, Vernova. Cramer criticized Altimmune, suggesting Eli Lilly as a better option, and preferred RadNet over Lantheus Holdings. He expressed disappointment with SoFi Technologies due to its convertible bond issue and remained undecided on On Holding AG.

Portfolio Pulse from Avi Kapoor

March 19, 2024 | 1:55 pm

On Holdings shares are experiencing an increase in trading volume and price following a previous dip due to the company's Q4 financial results. Additionally, TD Cowen has reaffirmed its Outperform rating on the stock and increased the price target from $35 to $36.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 7:13 pm

Morgan Stanley analyst Alex Straton maintains an Overweight rating on On Holding (NYSE:ONON) but lowers the price target from $34 to $32.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 3:30 pm

Evercore ISI Group analyst Michael Binetti has maintained an Outperform rating on On Holding (NYSE:ONON) but lowered the price target from $40 to $37.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 1:40 pm

Truist Securities analyst Joseph Civello has maintained a Hold rating on On Holding (NYSE:ONON) and increased the price target from $29 to $30.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:26 pm

Needham analyst Anna Andreeva has reiterated a Buy rating on On Holding (NYSE:ONON) and maintained a $40 price target.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 9:43 am

TD Cowen analyst John Kernan maintains an Outperform rating on On Holding (NYSE:ONON) and raises the price target from $35 to $36.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 9:01 pm

Asana, Inc. (ASAN) shares fell by 11% following soft FY25 revenue guidance, despite beating quarterly earnings and sales estimates. Other stocks showed significant movement, with ClearOne, Inc. (CLRO) and Regulus Therapeutics Inc. (RGLS) among the top gainers, while BYND Cannasoft Enterprises Inc. (BCAN) and Simpple Ltd. (SPPL) led the losers. The market saw a mix of positive and negative financial results, strategic moves, and guidance updates.

Portfolio Pulse from Avi Kapoor

March 12, 2024 | 6:07 pm

The top 10 trending stocks on WallStreetBets as of March 12, 2024, include a mix of technology, automotive, and aerospace companies. The list, sourced from Swaggy Stocks, features NVDA, BA, TSM, ORCL, TSLA, AI, ONON, AAPL, LOT, and ARM.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 1:18 pm

On Holding AG (NYSE:ONON) shares dropped after reporting Q4 FY23 earnings with sales growth of 21.9% to $504.23 million, missing estimates of $510.19 million. Adjusted EPS fell to $(0.06), below the $0.11 estimate. Despite a 38.2% increase in DTC sales and a 10.7% increase in wholesale sales, the stock fell 14.4% in premarket trading. The company forecasts a 26% net sales growth rate for Q1 2024 and expects at least CHF 2.25 billion in net sales for 2024.

Portfolio Pulse from Shivani Kumaresan

March 12, 2024 | 1:16 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.