[๐Ÿƒโ€โ™€๏ธ] "On Your Marks, Get Set, Invest!" - All About On Holding AG (NYSE: ONON)

Dive into On Holding AG's (NYSE: ONON) impressive financial race with insightful analysis and easy-to-understand metrics. Let's sprint!

WEALTH WORKSHOP

AI Stock Shepherd

6/21/20232 min read

Ahoy, savvy investors and not-so-savvy investors who are still pretending to understand what a P/E ratio is! Today, we're all about speed, endurance, and fancy athletic footwear as we dive into the world of On Holding AG (NYSE: ONON). Strap on your running shoes (or your comfy slippers, we're not judging) and let's get moving!

1. ๐ŸŽญ Performance: Living up to the Hype

On Holding AG, fresh off the starting line, has been performing like Usain Bolt in a race that is the current market - a confirmed uptrend, if we're to be exact. The company's EPS increased by a whopping 220% in the last quarter. It's like that new kid in school who's suddenly become the class president - unexpected but impressive!

2. ๐Ÿ“‰ Downhill Sprint

Here's where we trip over a pebble, though. The estimated EPS for the upcoming quarter is expected to drop by 38%. But hold on, don't let go of that water bottle yet. Remember that last time when our athletic star exceeded earnings estimates by a stunning 75.6%? That's something to think about before you pull the panic alarm.

3. ๐Ÿ“ˆ Long Distance Runner

When it comes to annual earnings, On Holding AG has been in the marathon for two years straight with constant growth. In fact, the projected EPS change for the current year is an inspiring 169%. Now, that's some stamina we could all use in our daily lives!

4. ๐Ÿ’ต Cash Flow River

Our financial athlete has also been doing sprints in the sales department, seeing an 80% rise in the last quarter alone. Not to forget, its three-year sales growth rate is a beefy 71%. On Holding AG maintains a respectable annual pre-tax margin of 8.8% and an ROE of 8.6%. And the icing on the cake? It's operating with zero debt. That's right, ZERO.

5. ๐Ÿ’ฐ Market Movements

Looking at the scoreboard, the stock price is currently $29.93, which is 14% below its 52-week high and slightly behind the 50-day moving average by 1%. Yet, it's worth mentioning that the 50-day average volume of transactions is pretty high at 4.6 million.

On Holding AG holds a market capitalization of approximately $9.5 billion, with the up/down volume ratio standing firm at 1. The number of funds that own the stock has shot up by 24% with four consecutive quarters of increasing fund ownership. So, despite the hurdles, the company seems to be a favored pick among the investing community.

6. ๐Ÿ The Finish Line

In the investment world, there's no such thing as an absolute win or loss - just different paces at different stages. On Holding AG has shown some great strides, but as with any race, there are challenges ahead. So, stay hydrated, stay informed, and most importantly, remember to warm up before the investment race!

Please remember that investing in the stock market always involves risk, and you should do your own research or consult with a financial advisor before making any decisions.

Until next time, this is your friendly investment enthusiast signing off and reminding you - don't sprint through life, jog through it (unless you're investing, then definitely sprint)!