Onex Co. (TSE:ONEX - Get Free Report) shares were up 0.9% on Monday . The stock traded as high as C$108.39 and last traded at C$108.00. Approximately 73,968 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 187,829 shares. The stock had previously closed at C$106.99.
Analyst Ratings Changes
A number of brokerages recently weighed in on ONEX. TD Securities lifted their target price on Onex from C$134.00 to C$140.00 and gave the company a "buy" rating in a report on Monday, May 12th. Scotiabank cut their price objective on Onex from C$145.00 to C$130.00 and set an "outperform" rating on the stock in a report on Thursday, April 24th. Finally, CIBC decreased their target price on Onex from C$150.00 to C$130.00 and set an "outperform" rating for the company in a report on Monday, April 28th.
Check Out Our Latest Stock Analysis on ONEX
Onex Stock Performance
The stock's 50 day moving average price is C$102.60 and its 200 day moving average price is C$104.60. The company has a current ratio of 17.51, a quick ratio of 2.41 and a debt-to-equity ratio of 49.85. The firm has a market cap of C$5.68 billion, a PE ratio of 9.00, a P/E/G ratio of 1.47 and a beta of 1.53.
Onex (TSE:ONEX - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The company reported C$2.36 EPS for the quarter. Onex had a return on equity of 7.89% and a net margin of 68.42%. As a group, equities analysts forecast that Onex Co. will post 0.4443794 earnings per share for the current fiscal year.
About Onex
(
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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.
Further Reading
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