Unveiling Insights on ONON Stock for Investors

Shares of Footwear & Accessories company On jumped 3.8% today. With many investors piling into ONON without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

  • On has moved 37.3% over the last year, and the S&P 500 logged a change of 26.4%

  • ONON has an average analyst rating of buy and is -4.06% away from its mean target price of $39.65 per share

  • Its trailing earnings per share (EPS) is $0.43

  • On has a trailing 12 month Price to Earnings (P/E) ratio of 88.5 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $1.1 and its forward P/E ratio is 34.6

  • The company has a Price to Book (P/B) ratio of 10.36 in contrast to the S&P 500's average ratio of 2.95

  • On is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.96 and an average P/B of 4.24

  • ONON has reported YOY quarterly earnings growth of 103.1% and gross profit margins of 0.6%

  • The company has a free cash flow of $256.04 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • On Holding AG engages in the development and distribution of sports products worldwide. The company offers athletic footwear, apparel, and accessories for high-performance running, outdoor, training, all-day activities, and tennis. It offers its products through independent retailers and distributors, online, and stores. The company was founded in 2010 and is headquartered in Zurich, Switzerland.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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