Onex (ONEXF) 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, large- 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 technology, electronics manufacturing services, industrial, aerospace, healthcare, retail, restaurants, industrials products, customer care services, metal services, building products, entertainment, gaming, cabinetry products, commercial vehicles, commercial and investment banking, financial services, commercial and multi-unit residential real estate. It invests in global businesses headquartered in North America, including United States and Canada, or Europe. The firm seeks to invest between $125 million and $1 billion 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: $72.35 to $72.35
• 50-Day Range: $62.56 to $72.47
• 52-Week Range: $55.07 to $79.40
• Volume: 2,004 shs
• Average Volume: 10,300 shs
• Market Capitalization: $5.61 billion
• P/E Ratio: 6.98
• Dividend Yield: 0.40%
• Price Target: N/A
• Consensus Rating: N/A

Onex Stock Analysis - MarketRank™

Onex scored higher than 19% 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Onex.

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 6.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Onex is 6.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.32.

Price to Book Value per Share Ratio

Onex has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.38% of the outstanding shares of Onex have been sold short.

Short Interest Ratio / Days to Cover

Onex has a short interest ratio ("days to cover") of 27.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Onex has recently increased by 1.92%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Onex has a dividend yield of 0.42%, 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 2.96%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

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

Percentage of Shares Shorted

0.38% of the outstanding shares of Onex have been sold short.

Short Interest Ratio / Days to Cover

Onex has a short interest ratio ("days to cover") of 27.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Onex has recently increased by 1.92%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: N/A

News Sentiment

Onex has a news sentiment score of 1.16. 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 higher news sentiment than the 0.60 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Onex this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 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 Institutions

Only 0.68% of the stock of Onex is held by institutions.

ONEXF Stock Analysis - Frequently Asked Questions

How have ONEXF shares performed this year?

Onex's stock was trading at $70.1580 at the beginning of 2024. Since then, ONEXF shares have increased by 3.1% and is now trading at $72.35.
View the best growth stocks for 2024 here.

How were Onex's earnings last quarter?

Onex Co. (OTCMKTS:ONEXF) released its quarterly earnings results on Thursday, August, 8th. The company reported $2.19 EPS for the quarter. The firm had revenue of $245 million for the quarter. Onex had a trailing twelve-month return on equity of 9.55% and a net margin of 70.42%.

How do I buy shares of Onex?

Shares of ONEXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/08/2024
• Ex-Dividend for 10/31 Dividend: 10/10/2024
• Today: 10/31/2024
• Dividend Payable: 10/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Private households
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:ONEXF
• CUSIP: N/A
• CIK: N/A
• Web: www.onex.com
• Phone: (416) 362-7711
• Fax: N/A
• Employees: 492
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $9.80
• Trailing P/E Ratio: 6.98
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $529 million
• Net Margins: 70.42%
• Pretax Margin: 70.51%
• Return on Equity: 9.55%
• Return on Assets: 6.26%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 2.87
• Quick Ratio: 2.87

Sales & Book Value

• Annual Sales: $1.13 billion
• Price / Sales: 4.98
• Cash Flow: $10.32 per share
• Price / Cash Flow: 7.01
• Book Value: $110.50 per share
• Price / Book: 0.65

Miscellaneous

• Outstanding Shares: 77,499,000
• Free Float: N/A
• Market Cap: $5.61 billion
• Optionable: Not Optionable
• Beta: 1.55