(ONON) On Holding - Ratings and Ratios

On Holding AG, a Swiss-based sports products innovator, specializes in the design, development, and global distribution of high-performance athletic footwear, apparel, and accessories. Founded in 2010 and listed on the NYSE under the ticker symbol ONON, the company has established a strong presence in the footwear industry, particularly in the high-performance running, outdoor, training, and tennis categories. On Holdings product portfolio emphasizes innovative technology, such as its signature CloudTec cushioning, which has garnered a loyal customer base among athletes and casual users alike. The company distributes its products through a multi-channel network, including independent retailers, distributors, e-commerce platforms, and its own retail stores, ensuring broad accessibility to its offerings. On Holding has also made significant strides in sustainability, incorporating recycled materials into its products and manufacturing processes.

From a technical perspective, On Holdings stock (NYSE: ONON) is currently trading at $42.63, slightly below its 20-day simple moving average (SMA) of $42.92 but above its 50-day SMA of $46.63 and 200-day SMA of $49.04. The average true range (ATR) of 3.01 indicates moderate volatility. Fundamentally, the company boasts a market capitalization of $12.83 billion, with a price-to-earnings (P/E) ratio of 47.15 and a forward P/E of 34.97, reflecting investor confidence in its growth prospects. The price-to-book (P/B) ratio of 8.21 and price-to-sales (P/S) ratio of 5.72 suggest a premium valuation, while the return on equity (RoE) of 17.41% highlights efficient profitability. Over the next three months, the stock is expected to face resistance at the 50-day SMA level of $46.63, with potential upside driven by strong earnings reports or positive macroeconomic conditions. Support is likely to hold near the 200-day SMA of $49.04, barring any significant negative catalysts.