On Holding shares drop 1.4% as Q1 EPS seen down 31.6% and revenue jumps 29.7%
On Holding shares fell 1.37% to $46.79, lagging the S&P 500’s 0.77% gain, despite a 2.09% one-month rise versus a 6.07% sector slump. Analysts forecast a March 3 earnings beat with Q1 EPS of $0.26 (-31.6% y/y) and revenue of $896.4 million (+29.7% y/y).
1. Recent Stock Performance
On Holding shares declined 1.37% to $46.79 in the latest session, underperforming the S&P 500’s 0.77% rise and the Nasdaq’s 1.05% gain. Over the past month, shares have gained 2.09%, outpacing the Retail-Wholesale sector’s 6.07% loss and the S&P 500’s 0.98% drop.
2. Upcoming Earnings Forecast
The company is set to release first-quarter results on March 3, with analysts estimating EPS of $0.26, a 31.6% decline year-over-year, alongside revenue of $896.42 million, up 29.7% from Q1 last year. Full-year projections call for EPS of $0.94 (-14.6% y/y) and revenue of $3.73 billion (+41.4% y/y).
3. Valuation Metrics and Rankings
On Holding trades at a forward P/E of 27.67 versus the industry average of 19.26 and a PEG ratio of 1.18 compared with the sector’s 1.88. It holds a #1 quantitative rating based on recent estimate revisions and sits in the top 17% of industry rankings.