On AG(ONON) ZACKS·2025-02-21 00:01Company Overview - On Holding (ONON) closed at 0.20, representing a 433.33% increase from the same quarter last year [2] - Revenue is projected to be $666.44 million, reflecting a 32.05% rise from the equivalent quarter last year [2] Analyst Estimates - Recent modifications to analyst estimates for On Holding indicate evolving short-term business trends, with positive revisions suggesting analysts' confidence in the company's performance [3] - The Zacks Rank system, which assesses estimate changes, currently ranks On Holding at 2 (Buy), with a 1.38% increase in the consensus EPS estimate over the past month [5] Valuation Metrics - On Holding has a Forward P/E ratio of 45.98, which is significantly higher than the industry's average Forward P/E of 15.01 [6] - The company has a PEG ratio of 0.79, compared to the Retail - Apparel and Shoes industry's average PEG ratio of 1.16 [7] Industry Context - The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector and holds a Zacks Industry Rank of 67, placing it in the top 27% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]