On AG(US:ONON) ZACKS·2025-10-06 23:01Core Insights - On Holding (ONON) closed at $42.57, with a daily increase of +1.12%, outperforming the S&P 500's gain of 0.37% [1] - The company experienced a monthly decline of 7.51%, underperforming the Retail-Wholesale sector and the S&P 500 [1] Earnings Projections - The upcoming earnings report is expected to show an EPS of $0.34, a 100% increase year-over-year [2] - Revenue is projected at $939.41 million, reflecting a 27.87% increase compared to the same quarter last year [2] Annual Estimates - For the annual period, earnings are anticipated to be $0.74 per share, a decrease of -32.73% from last year, while revenue is expected to reach $3.67 billion, an increase of +39.45% [3] - Analysts' forecast revisions are crucial as they indicate confidence in the company's performance and profit potential [3] Valuation Metrics - On Holding has a Forward P/E ratio of 56.89, significantly higher than the industry average of 18.15 [6] - The company has a PEG ratio of 2.8, compared to the industry average PEG ratio of 2.44 [7] Industry Context - The Retail - Apparel and Shoes industry is ranked 86 in the Zacks Industry Rank, placing it in the top 35% of over 250 industries [8] - Strong industry rankings correlate with better performance, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [8]