On Holding (ONON) Gains As Market Dips: What You Should Know

On Holding (ONON) closed at $34.04, up 2.47%, outperforming the S&P 500's 0.47% decline. The stock has gained 23.77% over the past month. Analysts project Q3 EPS of $0.51 (up 2% YoY) and revenue of $1.14 billion (up 14.85% YoY). However, the stock carries a Zacks Rank #4 (Sell) rating with a Forward P/E of 19.2, trading at a premium to its industry average of 13.88.