On Holding (ONON) Suffers a Larger Drop Than the General Market: Key Insights

Company Performance - On Holding (ONON) ended the recent trading session at $35.51, showing a -1.58% change from the previous day's closing price, which lagged behind the S&P 500's daily loss of 1.12% [1] - Over the past month, shares of On Holding have depreciated by 17.29%, underperforming the Retail-Wholesale sector's gain of 1.86% and the S&P 500's gain of 1.26% [1] Upcoming Earnings Report - On Holding is scheduled to release its earnings on November 12, 2025, with projected earnings of $0.34 per share, representing year-over-year growth of 100% [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $939.02 million, up 27.81% from the year-ago period [2] Annual Forecasts - For the entire year, the Zacks Consensus Estimates forecast earnings of $0.76 per share and revenue of $3.64 billion, indicating changes of -30.91% and +38.22%, respectively, compared to the previous year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for On Holding are important as they reflect shifting dynamics of short-term business patterns, with positive revisions indicating analysts' confidence in business performance and profit potential [4] Zacks Rank and Valuation - On Holding currently has a Zacks Rank of 4 (Sell), with the Zacks Consensus EPS estimate remaining steady over the past month [6] - The company is trading at a Forward P/E ratio of 47.38, which is a premium compared to the industry average Forward P/E of 18.26 [7] - On Holding has a PEG ratio of 2.25, which is comparable to the industry average PEG ratio of 2.25 [7] Industry Overview - The Retail - Apparel and Shoes industry, part of the Retail-Wholesale sector, has a current Zacks Industry Rank of 53, placing it in the top 22% of all industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]