On Holding (ONON) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.23 per share a year ago.
Swiss athletic company On beat Wall Street's expectations on the top and bottom lines, leading it to raise its full-year profitability outlook. On saw another quarter of outsize growth, but its direct-to-consumer sales, revenue from its own website and stores, fell short of expectations.
On Holding (ONON) concluded the recent trading session at $35.48, signifying a -1.61% move from its prior day's close.
On Holding (ONON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
On Holding (ONON) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
On Holding (ONON) closed the most recent trading day at $34.57, moving 2.92% from the previous trading session.
On Holding is rated a buy, with fundamentals strong despite recent stock declines driven by FX losses and CEO transition. ONON delivered record revenue (CHF 3B), gross margin (62.8%), and adjusted EBITDA (CHF 567M), with robust DTC and Asia-Pacific growth. Valuation is attractive at 13x EV/forward EBITDA and 3x forward sales, with scenario analysis supporting a fair value in the high $40s.
On Holding (ONON) concluded the recent trading session at $35.43, signifying a -1.39% move from its prior day's close.
On Holding (ONON) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Zacks.com users have recently been watching On Holding (ONON) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
On Holding (ONON) closed at $36.73 in the latest trading session, marking a -1.4% move from the prior day.