On Holding AG (NYSE: ONON) on Friday, soared 3.63% from the previous trading day, before settling in for the closing price of $55.14. Within the past 52 weeks, ONON’s price has moved between $25.78 and $60.12.
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Annual sales at Consumer Cyclical sector company grew by 65.20% over the past five years. The company achieved an average annual earnings per share of 133.71%. With a float of $213.21 million, this company’s outstanding shares have now reached $288.76 million.
Let’s look at the performance matrix of the company that is accounted for 2353 employees. 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 Updates
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 55.14%. The most recent insider transaction that took place on Dec 09 ’24, was worth 19,254,799. Before that another transaction happened on Dec 06 ’24, when Company’s Director proposed sale 502,000 for $57.64, making the entire transaction worth $28,935,280.
On Holding AG (ONON) Performance Highlights and Predictions
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 133.71% 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 7.75. Likewise, its price to free cash flow for the trailing twelve months is 42.25.
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 1.03 in one year’s time.
Technical Analysis of On Holding AG (ONON)
On Holding AG (NYSE: ONON) saw its 5-day average volume 2.7 million, a negative change from its year-to-date volume of 4.78 million. As of the previous 9 days, the stock’s Stochastic %D was 30.06%. Additionally, its Average True Range was 2.17.
During the past 100 days, On Holding AG’s (ONON) raw stochastic average was set at 88.02%, which indicates a significant increase from 57.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.17% in the past 14 days, which was higher than the 38.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.04, while its 200-day Moving Average is $43.05. Nevertheless, the first resistance level for the watch stands at $58.78 in the near term. At $60.42, the stock is likely to face the second major resistance level. The third major resistance level sits at $63.27. If the price goes on to break the first support level at $54.29, it is likely to go to the next support level at $51.44. Assuming the price breaks the second support level, the third support level stands at $49.80.
On Holding AG (NYSE: ONON) Key Stats
Market capitalization of the company is 18.96 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.
