On Monday, On Holding AG (NYSE: ONON) opened higher 2.57% from the last sessionbefore settling in for the closing price of $48.63. Price fluctuations for ONON have ranged from $23.41 to $49.35 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 65.20% over the past five years. Company’s average yearly earnings per share was noted 145.17% at the time writing. With a float of $209.41 million, this company’s outstanding shares have now reached $284.22 million.
Let’s look at the performance matrix of the company that is accounted for 2353 employees. In terms of profitability, gross margin is 59.96%, operating margin of 9.2%, and the pretax margin is 9.46%.
On Holding AG (ONON) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Footwear & Accessories industry is another important factor to consider. The insider ownership of On Holding AG is 34.58%, while institutional ownership is 61.17%. The most recent insider transaction that took place on Sep 06 ’24, was worth 17,417,562. Before that another transaction happened on Sep 05 ’24, when Company’s Other: Co-Founder proposed sale 377,040 for $45.70, making the entire transaction worth $17,230,728.
On Holding AG (ONON) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 145.17% per share during the next fiscal year.
On Holding AG (NYSE: ONON) Trading Performance Indicators
Check out the current performance indicators for On Holding AG (ONON). In the past quarter, the stock posted a quick ratio of 2.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.08. Likewise, its price to free cash flow for the trailing twelve months is 40.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.53, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 1.10 in one year’s time.
Technical Analysis of On Holding AG (ONON)
On Holding AG (NYSE: ONON) saw its 5-day average volume 4.82 million, a negative change from its year-to-date volume of 5.25 million. As of the previous 9 days, the stock’s Stochastic %D was 94.53%. Additionally, its Average True Range was 1.97.
During the past 100 days, On Holding AG’s (ONON) raw stochastic average was set at 98.99%, which indicates a significant increase from 97.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.48% in the past 14 days, which was lower than the 48.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.85, while its 200-day Moving Average is $35.24. Nevertheless, the first resistance level for the watch stands at $50.42 in the near term. At $50.97, the stock is likely to face the second major resistance level. The third major resistance level sits at $51.85. If the price goes on to break the first support level at $49.00, it is likely to go to the next support level at $48.12. The third support level lies at $47.57 if the price breaches the second support level.
On Holding AG (NYSE: ONON) Key Stats
There are currently 629,653K shares outstanding in the company with a market cap of 15.97 billion. Presently, the company’s annual sales total 1,996 M according to its annual income of 88,670 K. Last quarter, the company’s sales amounted to 627,710 K and its income totaled 34,060 K.
