A new trading day began on Monday, with On Holding AG (NYSE: ONON) stock price up 2.37% from the previous day of trading, before settling in for the closing price of $51.49. ONON’s price has ranged from $24.15 to $52.80 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 65.20%. Meanwhile, its annual earnings per share averaged 149.49%. With a float of $189.58 million, this company’s outstanding shares have now reached $284.22 million.
Considering the fact that the conglomerate employs 2353 people, you should pay attention to its efficiency factor. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Footwear & Accessories Industry. The insider ownership of On Holding AG is 40.78%, while institutional ownership is 55.86%. The most recent insider transaction that took place on Oct 01 ’24, was worth 42,221,285. Before that another transaction happened on Oct 01 ’24, when Company’s Officer proposed sale 524,041 for $50.15, making the entire transaction worth $26,280,656.
On Holding AG (ONON) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 149.49% per share during the next fiscal year.
On Holding AG (NYSE: ONON) Trading Performance Indicators
Here are On Holding AG’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.64. Likewise, its price to free cash flow for the trailing twelve months is 43.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.53, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.07 in one year’s time.
Technical Analysis of On Holding AG (ONON)
Compared to the last year’s volume of 4.96 million, its volume of 5.2 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 87.46%. Additionally, its Average True Range was 1.86.
During the past 100 days, On Holding AG’s (ONON) raw stochastic average was set at 94.53%, which indicates a significant increase from 86.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.49% in the past 14 days, which was higher than the 40.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.97, while its 200-day Moving Average is $39.49. Nevertheless, the first resistance level for the watch stands at $53.62 in the near term. At $54.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $55.33. If the price goes on to break the first support level at $51.91, it is likely to go to the next support level at $51.10. Should the price break the second support level, the third support level stands at $50.20.
On Holding AG (NYSE: ONON) Key Stats
With a market capitalization of 17.25 billion, the company has a total of 629,653K Shares Outstanding. Currently, annual sales are 1,996 M while annual income is 88,670 K. The company’s previous quarter sales were 627,710 K while its latest quarter income was 34,060 K.
