Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections 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
In the latest session, On Holding AG (NYSE: ONON) closed at $54.77 down -0.76% from its previous closing price of $55.19. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 1.72 million shares were traded. ONON stock price reached its highest trading level at $55.5 during the session, while it also had its lowest trading level at $54.5706.
Ratios:
For a deeper understanding of On Holding AG’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.78. For the most recent quarter (mrq), Quick Ratio is recorded 2.25 and its Current Ratio is at 2.91. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.22.
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 this company, Citigroup on December 18, 2024, initiated with a Neutral rating and assigned the stock a target price of $65.
On November 22, 2024, Needham started tracking the stock assigning a Buy rating and target price of $64.
Raymond James Upgraded its Outperform to Strong Buy on November 21, 2024, whereas the target price for the stock was revised from $58 to $63.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 30 ’24 when Caspar Coppetti bought 382,200 shares for $55.63 per share.
Martin Hoffman bought 142,980 shares of ONON for $7,953,977 on Dec 30 ’24. On Dec 09 ’24, another insider, David Allemann, who serves as the Other: Co-Founder of the company, bought 349,960 shares for $55.02 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 17707304960 and an Enterprise Value of 17234345984. As of this moment, On’s Price-to-Earnings (P/E) ratio for their current fiscal year is 125.39, and their Forward P/E ratio for the next fiscal year is 52.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.11 while its Price-to-Book (P/B) ratio in mrq is 11.80. Its current Enterprise Value per Revenue stands at 7.983 whereas that against EBITDA is 67.138.
Stock Price History:
Over the past 52 weeks, ONON has reached a high of $60.12, while it has fallen to a 52-week low of $25.78. The 50-Day Moving Average of the stock is 1.71%, while the 200-Day Moving Average is calculated to be 25.21%.
Shares Statistics:
For the past three months, ONON has traded an average of 3.31M shares per day and 2244020 over the past ten days. A total of 288.76M shares are outstanding, with a floating share count of 213.21M. Insiders hold about 33.40% of the company’s shares, while institutions hold 55.14% stake in the company. Shares short for ONON as of 1734048000 were 19316321 with a Short Ratio of 5.84, compared to 1731628800 on 19172303. Therefore, it implies a Short% of Shares Outstanding of 19316321 and a Short% of Float of 8.66.
