Investors should also take note of any recent adjustments to analyst estimates for On Holding. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits. The Leisure and Recreation Products industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 225, this industry ranks in the bottom 11% o ...

Investment Thesis These are all critical components of my investment thesis in ONON. Brand recognition is a critically important part of the success and sustainability of an athleisure company, especially for a premium footwear and apparel company like ONON. ONON expects to increase brand recognition by designing innovative and differentiated products and finding success in elite athletics, using its"lightning and rain strategy" to turn this success into broader adoption among consumers. It has a growing li ...

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A highe ...

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.65% higher. As of now, On Holding holds a Zacks Rank of #3 (Hold). The running-shoe and appa ...

The real question is whether or not the company can sustain its popularity to become a long-term fixture in the consumer apparel space. On's Product While the brand's focus is on activity, the company has found more mainstream appeal outside of that realm. On While the company does a good job on the manufacturing and margin front, we also believe that it has one of the best go-to-market strategies that we have ever seen, with each market, product, and distribution method perfectly mapped below: From a produ ...

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. Do they really matter, though? Of the 19 recommendations that derive the current ABR, 15 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 79% and 5.3% of all recommendations. The ABR suggests buying On Holding, but making an inve ...

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions an ...

The Swiss running shoe maker is quickly making a name for itself. Investors are always looking for the next big thing, but investing before a company has a proven track record can come with a lot of risk. On occasion, you can find a stock with huge opportunities that's still in its early growth stages but has already demonstrated enough success for investors to be confident about where it's going. That's what's happening with On Holding (ONON 4.04%). The Swiss company exploded onto the activewear scene with ...

Currently, the United States is being a pillar in the company's success and although it began in Switzerland, the surrounding countries in Europe seem to be underdeveloped in terms of interest in ON. I think this could change if the company continues to execute its awareness strategy. Rising Popularity On Holdings is a Swiss company that is gaining popularity in the running shoes and sportswear niche thanks to its CloudTec and Speedboard technology that seek to provide a premium experience to athletes or pe ...

A strong earnings report lifted shares of the running shoe company. According to data from S&P Global Market Intelligence, the stock was up 24.9% for the week. Performance on the bottom line was strong as well, as adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 27% to $85.3 million, and adjusted earnings per share more than doubled from $0.17 to $0.36, which was well ahead of estimates of $0.15. Co-CEO Martin Hoffman said, "The first quarter was a very strong star ...