On Monday, On Holding AG (NYSE: ONON) opened lower -0.83% from the last session, before settling in for the closing price of $51.92. Price fluctuations for ONON have ranged from $25.78 to $56.44 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 65.20% annually for the last half of the decade. Company’s average yearly earnings per share was noted 132.56% at the time writing. With a float of $213.21 million, this company’s outstanding shares have now reached $284.22 million.
In an organization with 2353 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 60.03%, operating margin of 9.19%, and the pretax margin is 9.45%.
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 33.40%, while institutional ownership is 55.30%. 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) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.05 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.13) by -0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 132.56% 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 2.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.56. Likewise, its price to free cash flow for the trailing twelve months is 35.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.44, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 1.07 in one year’s time.
Technical Analysis of On Holding AG (ONON)
Let’s dig in a bit further. During the last 5-days, its volume was 5.14 million. That was better than the volume of 4.97 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 56.83%. Additionally, its Average True Range was 2.10.
During the past 100 days, On Holding AG’s (ONON) raw stochastic average was set at 76.65%, which indicates a significant increase from 51.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.18% in the past 14 days, which was lower than the 39.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.70, while its 200-day Moving Average is $40.12. However, in the short run, On Holding AG’s stock first resistance to watch stands at $52.26. Second resistance stands at $53.02. The third major resistance level sits at $54.40. If the price goes on to break the first support level at $50.12, it is likely to go to the next support level at $48.74. The third support level lies at $47.98 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 16.04 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.
