Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about On Holding (ONON) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.On Holding currently has an average brok ...

Company Performance - On Holding (ONON) reported quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.24 per share, and down from $0.22 per share a year ago, representing an earnings surprise of -29.17% [1] - The company posted revenues of $734.69 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.49%, and up from $543.85 million year-over-year [2] - Over the last four quarters, On Holding has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Stock Performance - On Holding shares have increased approximately 95.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 25.8% [3] - The current consensus EPS estimate for the coming quarter is $0.21 on revenues of $681.01 million, and for the current fiscal year, it is $0.98 on revenues of $2.65 billion [7] Earnings Outlook - The estimate revisions trend for On Holding is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] - The sustainability of the stock's immediate price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] Industry Context - The Shoes and Retail Apparel industry, to which On Holding belongs, is currently in the top 32% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

On Holding (ONON) closed the most recent trading day at $50.61, moving -0.08% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.27% for the day. Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq added 0.26%.Heading into today, shares of the running-shoe and apparel company had lost 0.94% over the past month, lagging the Consumer Discretionary sector's gain of 1.51% and the S&P 500's gain of 2% in that time.Investors will be eagerly watching for t ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about On Holding (ONON) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. On Holding currently has an average bro ...

On Holding is a growth stock that's just getting started.On Holding (ONON 0.72%) is one of the fastest-growing brands in fitness and fashion and it's still a small player in the business. Will the growth continue?In this video, we cover On's business strategy, growth potential, risks, and why the stock could crush the market, all in a little more than 3 minutes.*Stock prices used were end-of-day prices of Oct. 22, 2024. The video was published on Oct. 23, 2024. ...

I first noticed On Holding (NYSE: ONON ) a few months ago after seeing their logo on a bunch of running shoes worn by the regulars at my gym. I kept seeing more people wearing them He is a contributing author to the investing group Wheel of Fortune where they share actionable trading ideas across all asset-classes, sectors and industries. The goal of the service is to provide a one-stop-shop for investment and portfolio ideas, while educating the vibrant community of subscribers. Features of the service inc ...

I publish my best ideas and top coverage on the Growth Stock Forum . If you're interested in finding great growth stocks, with a focus on biotech, consider signing up. We focus on attractive risk/reward situations and track each of our portfolio and watchlist stocks closely. To receive e-mail notifications for my public articles and blogs, please click the follow button . And to go deeper, sign up for a free trial to Growth Stock Forum. Shares of On Holding (NYSE: ONON ) are up substantially this year and a ...

The most recent trading session ended with On Holding (ONON) standing at $49.67, reflecting a +0.93% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.17%. Elsewhere, the Dow saw a downswing of 0.44%, while the tech-heavy Nasdaq depreciated by 0.04%. Shares of the running-shoe and apparel company have appreciated by 7.68% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 3.63% and the S&P 500's ga ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about On Holding (ONON) . On Holding currently has an average brokerage recommendation (ABR) of 1.43 ...

Much ado has been made this year about Nike's ( NKE ) woes, and how the company has been plagued by weaker sales in China and a desertion in what used to be its core category, running shoes. With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. He has bee ...