In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On Holding AG (NYSE: ONON) closed the day trading at $46.30 down -0.43% from the previous closing price of $46.50. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 3.14 million shares were traded. ONON stock price reached its highest trading level at $47.48 during the session, while it also had its lowest trading level at $46.28.
Ratios:
For a better understanding of ONON, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.82. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 2.98. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on September 23, 2024, Upgraded its rating to Neutral and sets its target price to $55 from $21 previously.
On September 05, 2024, HSBC Securities started tracking the stock assigning a Hold rating and target price of $52.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 01 ’24 when Olivier Bernhard bought 841,900 shares for $50.15 per share.
Marc Maurer bought 524,041 shares of ONON for $26,280,656 on Oct 01 ’24. On Oct 01 ’24, another insider, Martin Hoffman, who serves as the Officer of the company, bought 341,815 shares for $50.15 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ONON now has a Market Capitalization of 14821556224 and an Enterprise Value of 14489168896. As of this moment, On’s Price-to-Earnings (P/E) ratio for their current fiscal year is 86.57, and their Forward P/E ratio for the next fiscal year is 43.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.44 while its Price-to-Book (P/B) ratio in mrq is 10.82. Its current Enterprise Value per Revenue stands at 7.232 whereas that against EBITDA is 67.36.
Stock Price History:
Over the past 52 weeks, ONON has reached a high of $52.80, while it has fallen to a 52-week low of $24.15. The 50-Day Moving Average of the stock is -4.82%, while the 200-Day Moving Average is calculated to be 18.98%.
Shares Statistics:
Over the past 3-months, ONON traded about 4.55M shares per day on average, while over the past 10 days, ONON traded about 3221500 shares per day. A total of 284.22M shares are outstanding, with a floating share count of 209.41M. Insiders hold about 34.58% of the company’s shares, while institutions hold 55.37% stake in the company. Shares short for ONON as of 1728950400 were 23119941 with a Short Ratio of 5.08, compared to 1726185600 on 29841154. Therefore, it implies a Short% of Shares Outstanding of 23119941 and a Short% of Float of 10.5100006.
