On Holding (ONON) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -15.79%. A quarter ago, it was expected that this running-shoe and apparel company would post earnings of $0.16 per share when it actually produced earnings of $0.38, delivering a surprise of 137.50%. Over the last fou ...

Exhibit 99.1 - Unaudited interim condensed consolidated balance sheets F-4 Index to unaudited interim condensed consolidated financial statements Unaudited interim condensed consolidated financial statements - Unaudited interim condensed consolidated statements of income F-2 - Unaudited interim condensed consolidated statements of comprehensive income / (loss) F-3 - Unaudited interim condensed consolidated statements of cash flows F-5 - Unaudited interim condensed consolidated statements of changes in equit ...

On Holding (ONON) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ONON crossed above the 20-day moving average, suggesting a short-term bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages. ...

From a technical perspective, On Holding (ONON) is looking like an interesting pick, as it just reached a key level of support. ONON recently overtook the 50-day moving average, and this suggests a short-term bullish trend. The 50-day simple moving average is one of three major moving averages used by traders and analysts to determine support or resistance levels for a wide range of securities. But the 50-day is considered to be more important because it's the first marker of an up or down trend. Over the p ...

On Holding (ONON) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this running-shoe and apparel company have returned +0.9% over the past month versus the Zacks S&P 500 composite's -6.5% change. The Zacks Leisure and Recreation Products industry, to which On Holding belongs, has gained 1.4% over this period. Now the key question is: Where could the stock be headed in ...

Group 1: Royal Caribbean Cruises (RCL) - Royal Caribbean Cruises primarily serves the contemporary, premium, and deluxe segments of the cruise vacation industry [1] - The company has a Zacks Rank of 1 (Strong Buy) and has seen a 2.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The PEG ratio for Royal Caribbean Cruises is 0.43, significantly lower than the industry average of 1.61, indicating strong growth potential [2] Group 2: On Holding (ONON) - On Holding provides footwear and sports apparel products, including ultralight and stretchable fabrics and accessories [2] - The company also holds a Zacks Rank of 1 and has experienced a 2.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - On Holding has a PEG ratio of 0.89, which is lower than the industry average of 1.04, suggesting favorable growth characteristics [3] Group 3: Skyward Specialty Insurance Group, Inc. (SKWD) - Skyward Specialty Insurance Group is engaged in underwriting commercial property and casualty insurance coverages primarily in the United States [3] - The company carries a Zacks Rank of 1 and has seen a 5.0% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - The PEG ratio for Skyward Specialty Insurance Group is 0.75, compared to the industry average of 1.38, indicating strong growth potential [4]

In the latest trading session, On Holding (ONON) closed at $37.83, marking a +1.58% move from the previous day. The stock outpaced the S&P 500's daily gain of 1.04%. Elsewhere, the Dow saw an upswing of 0.76%, while the tech-heavy Nasdaq appreciated by 1.03%. Coming into today, shares of the running-shoe and apparel company had lost 1.82% in the past month. In that same time, the Consumer Discretionary sector lost 5.13%, while the S&P 500 lost 6.74%. Market participants will be closely following the financi ...

Wall Street expects a year-over-year increase in earnings on higher revenues when On Holding (ONON) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 13, 2024, might help the stock move higher if these key numbers are better than expec ...

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.95 per share and revenue of $2.56 billion, indicating changes of +143.59% and +28.38%, respectively, compared to the previous year. 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 remained stagnant. ...

Investors might want to bet on On Holding (ONON) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. ...