On Holding AG (NYSE: ONON) on Friday, soared 0.74% from the previous trading day, before settling in for the closing price of $57.90. Within the past 52 weeks, ONON’s price has moved between $25.78 and $59.19.
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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. The company achieved an average annual earnings per share of 134.06%. 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 60.23%, operating margin of 9.22%, and the pretax margin is 6.93%.
On Holding AG (ONON) Insider and Institutional Ownership
Observing investor behavior towards Footwear & Accessories industry stocks is more important than anything else. The insider ownership of On Holding AG is 33.40%, while institutional ownership is 55.20%. 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
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.05 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.13) by -0.18. 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 134.06% per share during the next fiscal year.
On Holding AG (NYSE: ONON) Trading Performance Indicators
On Holding AG (ONON) is currently performing well based on its current performance indicators. A quick ratio of 2.25 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.69. Likewise, its price to free cash flow for the trailing twelve months is 41.92.
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 1.06 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 3.08 million. That was inferior than the volume of 4.91 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 88.15%. Additionally, its Average True Range was 2.04.
During the past 100 days, On Holding AG’s (ONON) raw stochastic average was set at 96.41%, which indicates a significant increase from 91.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.66% in the past 14 days, which was lower than the 39.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.00, while its 200-day Moving Average is $41.23. However, in the short run, On Holding AG’s stock first resistance to watch stands at $58.92. Second resistance stands at $59.50. The third major resistance level sits at $60.31. If the price goes on to break the first support level at $57.53, it is likely to go to the next support level at $56.72. The third support level lies at $56.14 if the price breaches the second support level.
On Holding AG (NYSE: ONON) Key Stats
Market capitalization of the company is 18.81 billion based on 629,653K outstanding shares. Right now, sales total 1,996 M and income totals 88,670 K. The company made 734,670 K in profit during its latest quarter, and 35,240 K in sales during its previous quarter.
