Onex (ONEX) Stock Price, News & Analysis

Company Overview

Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, upper-middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up. The firm seeks to invest in industrials, healthcare, financial services, consumer, and business services & software. It invests in global businesses headquartered in North America, including United States, Canada, and Europe. The firm seeks to invest between $125 million and $1000 million in companies that have minimum revenues of $300 million. It does not consider size if the company is in an industry in which the firm already has presence. The firm seeks to make direct as well as co-investments through managed private equity, real estate, and credit funds. It seeks to acquire a control position in its portfolio companies. Onex Corporation was founded in 1984 and is based in Toronto, Canada with additional offices in New York, New York; Englewood Cliffs, New Jersey; Boston, Massachusetts and London, United Kingdom.

Key Stats

• Today's Range: C$109.77 to C$111.23
• 50-Day Range: C$88.53 to C$118.38
• 52-Week Range: C$85.36 to C$118.91
• Volume: 101,914 shs
• Average Volume: 104,492 shs
• Market Capitalization: C$8.41 billion
• P/E Ratio: 7.87
• Dividend Yield: 0.36%
• Price Target: C$130.33
• Consensus Rating: Moderate Buy

Onex Stock Analysis - MarketRank™

Onex scored higher than 37% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Onex has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Onex has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Onex is 7.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Onex is 7.87, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 433.78.

Price to Earnings Growth Ratio

Onex has a PEG Ratio of 1.47. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Onex has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ONEX.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Onex has a dividend yield of 0.40%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Onex does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Onex is 2.85%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ONEX.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: N/A

News Sentiment

Onex has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Onex this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Onex insiders have not sold or bought any company stock.

Percentage Held by Insiders

17.01% of the stock of Onex is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

40.10% of the stock of Onex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ONEX Stock Analysis - Frequently Asked Questions

How have ONEX shares performed this year?

Onex's stock was trading at C$92.53 at the start of the year. Since then, ONEX stock has increased by 19.4% and is now trading at C$110.47.
View the best growth stocks for 2024 here.

How were Onex's earnings last quarter?

Onex Co. (TSE:ONEX) released its quarterly earnings data on Thursday, August, 13th. The company reported ($2.74) EPS for the quarter. The firm earned $6.45 billion during the quarter. Onex had a net margin of 73.63% and a trailing twelve-month return on equity of 9.64%.

How do I buy shares of Onex?

Shares of ONEX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Onex own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Onex investors own include Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Jean Coutu Group (PJC.A), Pason Systems (PSI), Intel (INTC), Lightspeed Commerce (LSPD) and Nutrien (NTR).

Company Calendar

• Last Earnings: 8/13/2015
• Today: 11/21/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: TSE:ONEX
• Previous Symbol: TSE:OCX
• CUSIP: N/A
• CIK: N/A
• Web: www.onex.com
• Phone: +1-416-3627711
• Fax: N/A
• Employees: 492
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$130.33
• High Stock Price Target: C$140.00
• Low Stock Price Target: C$122.00
• Potential Upside/Downside: +18.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$14.03
• Trailing P/E Ratio: 7.87
• Forward P/E Ratio: 248.59
• P/E Growth: 1.47
• Net Income: C$807 million
• Net Margins: 73.63%
• Pretax Margin: N/A
• Return on Equity: 9.64%
• Return on Assets: 4.04%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 3.62
• Quick Ratio: 2.41

Sales & Book Value

• Annual Sales: C$1.10 billion
• Price / Sales: 7.65
• Cash Flow: C$4.53 per share
• Price / Cash Flow: 24.41
• Book Value: C$113.47 per share
• Price / Book: 0.97

Miscellaneous

• Outstanding Shares: 76,170,000
• Free Float: N/A
• Market Cap: C$8.41 billion
• Optionable: Not Optionable
• Beta: 1.53