Raymond James initiated coverage on On with a new price target
$ONON
Shoe Manufacturing
Consumer Discretionary
Raymond James initiated coverage of On with a rating of Outperform and set a new price target of $46.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/6/2024 | $47.00 → $53.00 | Outperform | Telsey Advisory Group |
| 9/23/2024 | $21.00 → $55.00 | Underperform → Neutral | BofA Securities |
| 9/5/2024 | $52.00 | Hold | HSBC Securities |
| 8/23/2024 | $52.00 | Overweight | Piper Sandler |
| 7/31/2024 | $46.00 | Outperform | Raymond James |
| 6/11/2024 | $50.00 | Outperform | Bernstein |
| 6/7/2024 | $40.00 → $47.00 | Outperform | Telsey Advisory Group |
| 5/28/2024 | $34.00 → $46.00 | Hold → Buy | Truist |
Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its third quarter 2024 financial results on Tuesday, November 12, 2024 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on November 12, 2024 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63 Conference ID: 4064831 Additionally, a live webcast of the conference call will be available on the Company's investor relations website
On achieves another record top-line quarter, resulting in over CHF 2 billion net sales for the last twelve month period. On's total net sales in Q2 2024 reached CHF 567.7 million, a growth of 27.8% year-over-year and of 29.4% on a constant currency basis. These results reflect the strength of On's multi-channel strategy across regions and products, with stand-out performances in Asia-Pacific and in apparel, growing by 73.7% and 63.0%, respectively. As a result of On's continued high share of full-price sales as well as lower freight rates, its second quarter 2024 gross profit margin reaches 59.9%, up from 59.5% in the prior year period. On's increased profitability is further reflected
Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its second quarter 2024 financial results on Tuesday, August 13, 2024 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on August 13, 2024 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63 Conference ID: 3575796 Additionally, a live webcast of the conference call will be available on the Company's investor relations website and via the follow
Telsey Advisory Group reiterated coverage of On with a rating of Outperform and set a new price target of $53.00 from $47.00 previously
BofA Securities upgraded On from Underperform to Neutral and set a new price target of $55.00 from $21.00 previously
HSBC Securities initiated coverage of On with a rating of Hold and set a new price target of $52.00
Swiss performance sports brand On (NYSE:ONON) announced today the election of Dennis Durkin as additional independent member of the Board of Directors. David Allemann, Co-Founder and Executive Co-Chairman of On, said: "We are extremely pleased to welcome Dennis to the On Board, and with this have him take the chair of the Audit Committee. Together with Alex Perez, we now have a fully independent and highly experienced Audit Committee. Following the recent appointment of Amy Banse as an On Board member, we continue the journey of bringing highly experienced individuals with independent and diverse viewpoints to the On Board of Directors." Mr. Durkin has served as a board observer to the On
Keybanc analyst Ashley Owens maintains On Holding (NYSE:ONON) with a Overweight and raises the price target from $40 to $47.
Morgan Stanley analyst Alex Straton maintains On Holding (NYSE:ONON) with a Overweight and raises the price target from $40 to $44.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Goldman Sachs raised the price target for On Holding AG (NYSE:ONON) from $41 to $47. Goldman Sachs analyst Richard Edwards maintained a Buy rating. On Holding shares fell 2.1% to close at $37.22 on Tuesday. See how other analysts view this stock. Deutsche Bank cut the price target for NIKE, Inc. (NYSE:NKE) from $115 to $92. Deutsche Bank analyst Krisztina Katai maintained a Buy rating. NIKE shares fell 1% to close at $76.04 on Tuesday. See how other analysts view this stock. Wedbush raised Tesla
SC 13G/A - On Holding AG (0001858985) (Subject)
SC 13G/A - On Holding AG (0001858985) (Subject)
SC 13G - On Holding AG (0001858985) (Subject)
Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its third quarter 2024 financial results on Tuesday, November 12, 2024 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on November 12, 2024 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63 Conference ID: 4064831 Additionally, a live webcast of the conference call will be available on the Company's investor relations website
On achieves another record top-line quarter, resulting in over CHF 2 billion net sales for the last twelve month period. On's total net sales in Q2 2024 reached CHF 567.7 million, a growth of 27.8% year-over-year and of 29.4% on a constant currency basis. These results reflect the strength of On's multi-channel strategy across regions and products, with stand-out performances in Asia-Pacific and in apparel, growing by 73.7% and 63.0%, respectively. As a result of On's continued high share of full-price sales as well as lower freight rates, its second quarter 2024 gross profit margin reaches 59.9%, up from 59.5% in the prior year period. On's increased profitability is further reflected
Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its second quarter 2024 financial results on Tuesday, August 13, 2024 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on August 13, 2024 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63 Conference ID: 3575796 Additionally, a live webcast of the conference call will be available on the Company's investor relations website and via the follow
SCHEDULE 13G/A - On Holding AG (0001858985) (Subject)
144 - On Holding AG (0001858985) (Subject)
6-K - On Holding AG (0001858985) (Filer)