On Holding Ag Stock News

On Holding AG: Delivering A Sustainable Future In Shoe Design

The trading price of On Holding AG (NYSE:ONON) closed lower on Friday, December 10, closing at $38.28, -2.87% lower than its previous close. >> 7 Top Picks for the Post-Pandemic Economy

Brokerages expect On Holding AG (NYSE:ONON) to announce sales of $193.84 million for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for ONs earnings, with the highest sales estimate coming in at $196.24 million and the lowest estimate coming in at $189.85 million. The company is scheduled to report its []

The trading price of On Holding AG (NYSE:ONON) closed lower on Monday, November 22, closing at $42.56, -5.30% lower than its previous close. >> 7 Top Picks for the Post-Pandemic Economy

On Holding AG (NYSE:ONON) gapped down prior to trading on Wednesday . The stock had previously closed at $45.61, but opened at $44.00. ON shares last traded at $48.90, with a volume of 56,871 shares. Several research firms have recently issued reports on ONON. Robert W. Baird upped their target price on shares of ON []

The stock price of On Holding AG (NYSE: ONON) increased 12.8% yesterday. This is why it happened.

Credit Suisse analyst Michael Binetti raised On Holding AG's (NYSE:ONON) price target to $49 from $38 and kept an outperform rating on the stock. Binetti said the company delivered "big" Q3 revenue

On Holding AG (NYSE:ONON) hit a new 52-week high during mid-day trading on Tuesday following a better than expected earnings announcement. The company traded as high as $45.77 and last traded at $44.47, with a volume of 99286 shares traded. The stock had previously closed at $36.43. The company reported $0.06 EPS for the quarter, []

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On Holding AG (ONON) shares are rising more than 26 percent on Tuesday morning trade after the company reported third-quarter profit on net sales growth of 67.6 percent from the previous year.

On Holding AG stock soared 21% in early Tuesday trading after the newly-public athletic company reported a surprise third-quarter profit. Net income totaled CHf 13.0 million (US$14.0 million), or CHf 0.04 per share, up from CHf 8.1 million, or CHf 0.03 per share, last year. Sales totaled CHf 218.0 million (US$234.8 million), up from CHf 130.1 million last year. The FactSet consensus was for a loss of CHf 0.11 per share and sales of CHf 182.8 million. On''s Co-Chief Executive Martin Hoffmann called the most recent quarter the "strongest" in the company''s history in terms of sales. "Recent supply chain challenges will lead to a transitory supply shortage in the fourth quarter and the first half of 2022," he said in a statement. "But since early November, all our production factories are open, and our outlook on net sales and adjusted EBITDA exceeds our original assumptions." The company is guiding for sales of CHF 710 million for the full year, up about 67% from 2020. The FactSet consensus is for CHf 678.6 million.

The stock price of On Holding AG (NYSE: ONON) increased by over 19% during intraday trading today. This is why it happened.