Onex (TSE:ONEX) Releases Earnings Results

Onex (TSE:ONEX) issued its quarterly earnings data on Friday. The company reported C$2.36 earnings per share (EPS) for the quarter, RTT News reports. Onex had a net margin of 68.42% and a return on equity of 7.89%.

Onex Trading Up 1.3 %

TSE:ONEX opened at C$103.22 on Friday. The company has a market capitalization of C$5.17 billion, a P/E ratio of 8.20, a PEG ratio of 1.47 and a beta of 1.53. The company has a current ratio of 17.51, a quick ratio of 2.41 and a debt-to-equity ratio of 49.85. Onex has a 12 month low of C$85.36 and a 12 month high of C$118.91. The firm has a fifty day simple moving average of C$96.14 and a 200-day simple moving average of C$105.26.

Analysts Set New Price Targets

Several research firms have issued reports on ONEX. Scotiabank cut their price target on shares of Onex from C$145.00 to C$130.00 and set an “outperform” rating on the stock in a report on Thursday, April 24th. TD Securities dropped their target price on Onex from C$140.00 to C$137.00 in a research note on Monday, February 24th. Finally, CIBC reduced their target price on Onex from C$150.00 to C$130.00 and set an “outperform” rating on the stock in a research report on Monday, April 28th.

About Onex

Onex Corporation is a private equity investor and asset management firm. The company operates in two main segments: investing, which includes private equity, private credit, and direct investments; and asset and wealth management, which manages pension plans, sovereign wealth funds, insurance companies, and family offices.