Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
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
As of close of business last night, On Holding AG’s stock clocked out at $53.35, up 1.21% from its previous closing price of $52.71. In other words, the price has increased by $1.21 from its previous closing price. On the day, 2.6 million shares were traded. ONON stock price reached its highest trading level at $53.55 during the session, while it also had its lowest trading level at $51.82.
Ratios:
To gain a deeper understanding of ONON’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.06. 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.
On November 13, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $53 to $62.
Telsey Advisory Group reiterated its Outperform rating for the stock on November 06, 2024, while the target price for the stock was revised from $47 to $53.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 17248215040 and an Enterprise Value of 16775404544. As of this moment, On’s Price-to-Earnings (P/E) ratio for their current fiscal year is 122.14, and their Forward P/E ratio for the next fiscal year is 49.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.98 while its Price-to-Book (P/B) ratio in mrq is 11.50. Its current Enterprise Value per Revenue stands at 7.771 whereas that against EBITDA is 65.35.
Stock Price History:
Over the past 52 weeks, ONON has reached a high of $56.44, while it has fallen to a 52-week low of $24.15. The 50-Day Moving Average of the stock is 7.98%, while the 200-Day Moving Average is calculated to be 33.79%.
Shares Statistics:
It appears that ONON traded 4.39M shares on average per day over the past three months and 5241730 shares per day over the past ten days. 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 52.55% stake in the company. Shares short for ONON as of 1730332800 were 22589669 with a Short Ratio of 5.15, compared to 1727654400 on 25411233. Therefore, it implies a Short% of Shares Outstanding of 22589669 and a Short% of Float of 10.27.
