Latest news with #ONON
Yahoo
27-05-2025
- Business
- Yahoo
IBD Stock Of The Day Defies Trump Tariff Warning, Trades Near Buy Point After Bullish Shakeout
On Holding is Tuesday's IBD Stock Of The Day, as the Swiss shoemaker continues to hold up. ONON stock trades just below a buy point despite rival Deckers triggering a sector sell-off late last week. The 11 stocks in the IBD-tracked Apparel-Shoes industry group have collectively fallen more than 25% in 2025.
Yahoo
24-05-2025
- Business
- Yahoo
On Holding (NYSE:ONON) Amends Bylaws and Adds Former H&M CEO to Board
On Holding has undergone notable governance and leadership updates, including amendments to its Articles of Association and the election of Helena Helmersson to its Board of Directors. These changes may bolster the company's strategic and operational framework. Over the last month, the company's stock rose by 33%, amidst broader market contracted by 2.7% over the last week. The rise in On Holding's stock price contrasts sharply with the short-term market downturn, perhaps aided by financial guidance updates predicting robust revenue growth, suggesting stronger investor confidence in its future prospects. Buy, Hold or Sell On Holding? View our complete analysis and fair value estimate and you decide. Uncover the next big thing with financially sound penny stocks that balance risk and reward. The recent changes in On Holding's governance, with amendments to its Articles of Association and the inclusion of Helena Helmersson on its Board, are likely to influence the company's strategic direction positively. These updates could enhance On Holding's operational framework, potentially leading to improved decision-making processes that align with its ambitious growth plans. This aligns with the company's focus on revenue generation through brand positioning and geographic expansion as highlighted in current analyses. On Holding's stock performance over the last three years has been remarkable, with a total shareholder return of 178.29%. This long-term growth reflects strong investor confidence in the company's direction, despite the broader market experiencing just 9% growth over the past year. Notably, On Holding also outperformed the US Luxury industry, which saw a decline of 13.1% during the same one-year period. The leadership updates may also influence financial forecasts, as optimism regarding robust governance can boost investor confidence and lead to upward revisions in revenue and earnings projections. Analysts have set a consensus price target of CHF62.59 for On Holding, which represents a 23.5% potential increase from the current share price of CHF47.9. This gap highlights a belief in the company's future growth prospects, supported by its strategic initiatives and potential scalability. Gain insights into On Holding's future direction by reviewing our growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:ONON. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
20-05-2025
- Business
- Yahoo
Why On Holding AG (ONON) Surged Last Week
We recently published a list of . In this article, we are going to take a look at where On Holding AG (NYSE:ONON) stands against other stocks that surged yesterday. Wall Street's main indices were a mixed bag anew on Thursday, with the tech-heavy Nasdaq the sole loser, as investors continued to digest results of more corporate earnings and key economic data. The Nasdaq was down by 0.18 percent. In contrast, the Dow Jones grew by 0.65 percent while the S&P 500 rose by 0.41 percent. Beyond the major indices, 10 companies finished stronger on the back of impressive corporate earnings and planned mergers and acquisitions. In this article, we explore the specific reasons behind their surge. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. A team of athletes showcasing the company's athletic footwear in an outdoor stadium. On Holding saw its share prices grow by 4.62 percent on Thursday to finish at $60.25 apiece following a bullish outlook for the rest of the year. In a statement earlier, On Holding AG (NYSE:ONON) said it expects full-year net sales to grow by 28 percent from the same period a year earlier. '[On Holding] continues to experience strong demand across channels, regions, and product categories. The company looks to further build on this global brand momentum with an exciting product pipeline for the rest of the year,' the company said. In the first quarter of the year, On Holding AG (NYSE:ONON) achieved a 43-percent increase in net sales, at CHF726.6 million versus the CHF508.2 million in the same period last year. The figure, however, failed to push its net income higher, having ended 38 percent lower at $56.7 million versus $91.4 million year-on-year. Following the results, investment firm Goldman Sachs maintained its 'hold' recommendation on its stock, while giving the company a $64 price target. On the same day, investment firm Needham raised its price target for On Holding AG (NYSE:ONON), to $62 from $55 previously, while also recommending to buy the stock. Overall, ONON ranks 9th on our list of stocks that surged last week. While we acknowledge the potential of ONON as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ONON but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Why On Holding AG (ONON) Skyrocketed On Tuesday
We recently published a list of . In this article, we are going to take a look at where On Holding AG (NYSE:ONON) stands against other firms that are crushing the market. The stock market finished the trading day on a mixed note, as investors continued to digest April inflation figures, which came out lower than expected. On Tuesday, the Labor Department reported that the Consumer Price Index for April rose by only 0.2 percent last month, bringing the annual inflation rate to 2.3 percent, its lowest annual rate since February 2021. Among Wall Street's main indices, only the S&P 500 and the tech-heavy Nasdaq registered gains, by 0.72 percent and 1.61 percent, respectively. The Dow Jones, on the other hand, was down by 0.64 percent. Beyond the major indices, 10 companies finished the session with strong gains amid a flurry of positive developments, including ratings upgrades and impressive corporate earnings, among others. In this article, we name Tuesday's 10 top performers and detail the reasons behind their rally. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. A team of athletes showcasing the company's athletic footwear in an outdoor stadium. ON Holding AG grew its share prices by 11.83 percent to finish at $57.38 apiece as investors cheered the company's bullish business outlook for the rest of the year. In a statement, On Holding AG (NYSE:ONON) said it now expects its full-year net sales to grow by 28 percent. 'On continues to experience strong demand across channels, regions, and product categories. The company looks to further build on this global brand momentum with an exciting product pipeline for the rest of the year,' it said. In the first quarter of the year, On Holding AG (NYSE:ONON) achieved a 43-percent increase in net sales in the first quarter of the year, at CHF726.6 million versus the CHF508.2 million in the same period last year. This, however, failed to push its net income higher during the period, ending 38 percent lower at $56.7 million versus $91.4 million year-on-year. On the same day, investment firm Needham also raised its price target for On Holding AG (NYSE:ONON), to $62 from $55 previously, while also recommending to buy the stock. Overall, ONON ranks 8th on our list of firms that are crushing the market. While we acknowledge the potential of ONON as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than ONON but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
On Q1 Net Sales Increase 43% as DTC Share Surges
By Daniella Parra On Holding AG (NYSE: ONON) said net sales increased 43% to CHF 726.6 million as it increased its direct-to-consumer share, accounting for 38.1% of total net sales. The Swiss-designed running shoes reported a gross profit margin increase of 59.9% from 59.7% and an adjusted EBITDA margin increase of 16.5%. Net sales through the direct-to-consumer sales channel increased by 45.3% to CHF 276.9 million and is expecting at least 28% net sales growth on a constant currency basis, they said. 'Building on our vision to be the most premium global sportswear brand, our first quarter results have exceeded our expectations and reflect the strong momentum of our brand across all channels, regions and product categories,' said Caspar Coppetti, Co-Founder and Executive Co-Chairman. 'Looking into the second quarter and beyond, we are energized by the global traction and cultural resonance of On as a head-to-toe sportswear brand.' Contact: Editor@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
