ONON Stock Recent News
ONON LATEST HEADLINES
ON Holding's NYSE: ONON stock price is down 15% following the Q4 results and presents a solid buying opportunity. The move is alarming and may impact the price action in the near term, but technical and fundamental factors suggest higher prices will come over time.
On Holding (ONON) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of $0.11. This compares to earnings of $0.02 per share a year ago.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
In the latest trading session, On Holding (ONON) closed at $34.03, marking a -1.79% move from the previous day.
On Holding (ONON) closed the most recent trading day at $32.79, moving +1.83% from the previous trading session.
On Holding AG is successfully expanding into new categories and experiencing robust growth in its core markets. The company is well-positioned to capture additional market share in the running industry with new speed-performance technologies and athletic apparel offerings. China represents a significant growth potential for On, with impressive triple-digit growth since opening its first store in 2019.
On Holding (ONON) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
The latest trading day saw On Holding (ONON) settling at $27.87, representing no change from its previous close.
Here is how On Holding (ONON) and Trip.com (TCOM) have performed compared to their sector so far this year.
On Holding has been growing a lot faster than its larger peers. Gross margins for the athletic-wear maker are stabilizing and expanding.