BTIG Reiterates Neutral Rating on On Holding AG (ONON)

William Blair Reiterates Outperform Rating on On Holding AG (ONON)

William Blair analyst Dylan Carden reiterated an Outperform rating on On Holding AG (NYSE: ONON).

The analyst comments "There are some moving pieces here that are worth calling out. For one, the wholesale channel experienced outsized growth in the quarter and landed higher than... More

On Holding AG (ONON) PT Raised to $50 at Goldman Sachs

Goldman Sachs analyst Richard Edwards raised the price target on On Holding AG (NYSE: ONON) to $50.00 (from $47.00) while maintaining a Buy rating.

The analyst comments "On Holding reported 2Q24 adj. EBITDA of CHF 90.8mn, driven by net sales of CHF 567.7mn, +27.8% yoy and +29.4% cFX. Group gross margin came in at... More

Williams Trading Reiterates Hold Rating on On Holding AG (ONON)

Williams Trading analyst Sam Poser reiterated a Hold rating and $33.00 price target on On Holding AG (NYSE: ONON)

The analyst comments "The 2Q24 results reflects first evidence for ONON, and further evidence in general, see Skechers (SKX-Buy-$80 PT) in 2010-2011, UGG (DECK-Buy-$1130PT) in 2012, and Vans (VFC-Sell-$10PT) and, more... More

Midday movers:Chipotle Mexican Grill, Tencent Music fall; Starbucks rises

(Updated - August 13, 2024 11:59 AM EDT)

Investing.com -- U.S. stock futures climbed Tuesday after data showed U.S. producer prices rose less than expected in July, boosting hopes for a rate cut from the Fed as soon as September.

Here are some of the biggest U.S. stock movers today:

Home Depot (NYSE: HD) stock rose 1% despite the home improvement retailer... More

Goldman Sachs Reiterates Buy Rating on On Holding AG (ONON)

Goldman Sachs analyst Richard Edwards reiterated a Buy rating and $47.00 price target on On Holding AG (NYSE: ONON).

The analyst comments "News: On Holding reported 2Q24 adj. EBITDA of CHF 90.8mn, +5.3% above FactSet consensus of CHF 86.2mn, driven by net sales of CHF 567.7mn, +27.8% yoy... More

Roger Federer-backed On's stock down after FY guide reiterated not raised

(Updated - August 13, 2024 9:47 AM EDT)

On Holding (NYSE: ONON) shares fell more than 2% Tuesday after the footwear company delivered guidance for the fiscal 2024 and reported second-quarter results. The stock initially fell nearly 10% in premarket trading but clawed back some of the losses after the opening bell.

For the fiscal Q2 2024, On reported earnings per share (EPS) of CHF 0.14, with revenue totaling CHF 567.7 million, slightly above the consensus estimate of CHF 562.7 million.

Adjusted EBITDA for... More

On Holding AG (ONON) Tops Q2 revenue estimates; offers guidance

On Holding AG (NYSE: ONON) reported Q2 EPS of CHF0.14. Revenue for the quarter came in at CHF567.7 million versus the consensus estimate of CHF562.7 million.

"On has experienced a very strong first half of 2024, with two consecutive record top-line quarters and continued strong demand across channels, regions and product categories. From highly successful product launches and... More

On Holding AG (ONON) call put ratio 2.1 calls to 1 put with focus on August calls into quarter results

On Holding AG (NYSE: ONON) August calls option implied volatility is at 135, September is at 59; compared to its 52-week range of 34 to 72 into expected release of quarter results before the bell on August 13. Call put ratio 2.1 calls to 1 put with focus on August calls.

On Holding AG (ONON) PT Raised to $45 at Stifel

Stifel analyst Jim Duffy raised the price target on On Holding AG (NYSE: ONON) to $45.00 (from $41.00) while maintaining a Buy rating.... More

On Holding AG (ONON) August 40 straddle priced into quarter results

On Holding AG (NYSE: ONON) August 40 straddle priced for a move of 12.50% into expected release of quarter results before the bell on August 13.