On Holding (ONON) Outperforms Broader Market: What You Need to Know

Group 1: Stock Performance - On Holding (ONON) stock increased by 2.85% to $53.70, outperforming the S&P 500's daily gain of 0.48% [1] - Over the past month, shares of On Holding have decreased by 10.8%, while the Retail-Wholesale sector gained 3.33% and the S&P 500 gained 5.13% [1] Group 2: Upcoming Financial Results - On Holding is projected to report earnings of $0.24 per share, reflecting a year-over-year growth of 50% [2] - The consensus estimate for revenue is $836.96 million, indicating a 33.35% increase compared to the same quarter last year [2] Group 3: Full Year Estimates - Analysts expect earnings of $1.12 per share and revenue of $3.46 billion for the full year, representing changes of +1.82% and +31.3% respectively from the previous year [3] - Recent analyst estimate revisions indicate optimism about On Holding's business and profitability [3] Group 4: Valuation Metrics - On Holding has a Forward P/E ratio of 46.46, which is a premium compared to the industry average Forward P/E of 17.41 [5] - The company has a PEG ratio of 2.27, while the Retail-Apparel and Shoes industry has an average PEG ratio of 1.83 [6] Group 5: Industry Context - The Retail-Apparel and Shoes industry is part of the Retail-Wholesale sector and currently holds a Zacks Industry Rank of 197, placing it in the bottom 21% of over 250 industries [6][7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks [7]