Is On Holding (ONON) Still Attractive After Strong Multi Year Share Price Run?

  • If you are wondering whether On Holding’s share price still offers value after a strong run in recent years, the key question is how the current market price lines up with the underlying business.
  • The stock last closed at US$49.12, with returns of 4.6% over the past week, 0.7% over the past month, 4.6% year to date, and a 13.3% decline over the past year, while the three year return sits at 137.3%.
  • Recent attention on the company has been shaped by ongoing interest in branded athletic footwear and athleisure, as investors weigh how consumer trends could influence premium sportswear demand. This backdrop helps explain why the share price has seen both strong multi year gains and more mixed shorter term moves, as expectations around…

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