On AG(US:ONON) ZACKSยท2025-01-31 00:06Company Performance - On Holding (ONON) closed at $63.62, with a daily increase of +0.92%, outperforming the S&P 500's gain of 0.53% [1] - The stock has appreciated by 15.1% over the past month, significantly exceeding the Retail-Wholesale sector's growth of 5.57% and the S&P 500's increase of 1.24% [1] Upcoming Financial Results - The company is expected to report an EPS of $0.20, reflecting a substantial increase of 433.33% year-over-year [2] - Revenue is forecasted to reach $666.44 million, indicating a growth of 32.05% compared to the same quarter last year [2] Analyst Estimates and Market Sentiment - Recent adjustments to analyst estimates suggest a favorable outlook on the company's business health and profitability [3] - The Zacks Rank system indicates that estimate revisions correlate with near-term share price momentum, with ONON currently holding a Zacks Rank of 2 (Buy) [4][5] Valuation Metrics - On Holding has a Forward P/E ratio of 55.73, which is significantly higher than the industry average of 16.07 [6] - The company has a PEG ratio of 0.97, compared to the industry average of 1.56, indicating a more favorable valuation relative to expected earnings growth [6] Industry Context - The Retail - Apparel and Shoes industry is ranked 59 in the Zacks Industry Rank, placing it in the top 24% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the strength of the industry [7]