Onex Co. (TSE:ONEX – Get Free Report) has been given an average rating of “Hold” by the five ratings firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$147.00.
Several brokerages have weighed in on ONEX. BMO Capital Markets set a C$160.00 target price on Onex and gave the stock an “outperform” rating in a research report on Thursday, October 1st. RBC Dominion Securities decreased their price target on shares of Onex from C$135.00 to C$129.00 and set a “sector perform” rating for the company in a report on Thursday, October 15th. Royal Bank Of Canada raised their target price on shares of Onex from C$130.00 to C$135.00 and gave the company a “sector perform” rating in a research note on Friday, August 14th. Finally, TD cut their price objective on shares of Onex from C$165.00 to C$163.00 and set a “buy” rating for the company in a research report on Friday, August 14th.
View Our Latest Stock Report on Onex
Onex Price Performance
ONEX opened at C$104.94 on Monday. The stock has a market capitalization of C$8.01 billion, a price-to-earnings ratio of 15.62, a price-to-earnings-growth ratio of 1.47 and a beta of 0.84. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.82 and a quick ratio of 2.41. Onex has a 12 month low of C$95.15 and a 12 month high of C$124.06. The business has a 50-day moving average of C$107.33 and a two-hundred day moving average of C$108.12.
Onex (TSE:ONEX – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported C$2.43 earnings per share (EPS) for the quarter. The firm had revenue of C$287.00 million for the quarter. Onex had a net margin of 101.81% and a return on equity of 5.25%. On average, research analysts expect that Onex will post 0.44 earnings per share for the current year.
Onex Company Profile
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. Investing revenue primarily comes from net gains on corporate investments and CLOs (collateralized loan investments). Asset and wealth management revenue comes primarily from management and performance fees.
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