Before Buying Stocks, Analyze Their Fundamentals!

By Emilio Sanchez • Saturday, February 01 10:12 • Permanent Link

On sank -5.9% today, compared to the S&P 500's day change of -1.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

On has moved 120.4% over the last year, and the S&P 500 logged a change of 22.2%
ONON has an average analyst rating of buy and is -3.3% away from its mean target price of $61.92 per share
Its trailing earnings per share (EPS) is $0.43
On has a trailing 12 month Price to Earnings (P/E) ratio of 139.3 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $1.1 and its forward P/E ratio is 54.4
The company has a Price to Book (P/B) ratio of 15.3 in contrast to the S&P 500's average ratio of 4.74
On is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.6 and an average P/B of 3.19
ONON has reported YOY quarterly earnings growth of -48.7% and gross profit margins of 0.6%
The company has a free cash flow of $333.49 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.