Should I buy or sell Onex stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Onex in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ONEX shares. View ONEX analyst ratings or view top-rated stocks .

What is Onex's stock price target for 2024?

4 Wall Street analysts have issued 1-year price objectives for Onex's stock. Their ONEX share price targets range from C$81.00 to C$129.00. On average, they predict the company's stock price to reach C$108.83 in the next twelve months. This suggests a possible upside of 11.0% from the stock's current price. View analysts price targets for ONEX or view top-rated stocks among Wall Street analysts .

How have ONEX shares performed in 2024?

Onex's stock was trading at C$92.53 on January 1st, 2024. Since then, ONEX shares have increased by 5.9% and is now trading at C$98.02. View the best growth stocks for 2024 here .

When is Onex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024. View our ONEX earnings forecast .

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) earnings per share for the quarter. The firm earned $6.45 billion during the quarter. Onex had a trailing twelve-month return on equity of 6.29% and a net margin of 48.85%.

Is Onex a good dividend stock?

Onex (TSE:ONEX) pays an annual dividend of C$0.40 per share and currently has a dividend yield of 0.40%. The dividend payout ratio is 4.42%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ONEX .

What other stocks do shareholders of Onex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Onex investors own include Jean Coutu Group (PJC.A) , Pason Systems (PSI) , Bank of Nova Scotia (BNS) , Lightspeed Commerce (LSPD) , Enbridge (ENB) , Manulife Financial (MFC) , Toronto-Dominion Bank (TD) , Dollarama (DOL) , Costco Wholesale (COST) and TC Energy (TRP) .

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 .

TSE:ONEX

Onex (ONEX) Stock Price, News & Analysis

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C$98.00

-0.35 (-0.36%)

(As of 02:20 PM ET)

Compare

Today's Range: C$97.58
▼
C$98.94
50-Day Range: C$96.67
▼
C$103.41
52-Week Range: C$58.71
▼
C$107.28

Volume: 30,037 shs
Average Volume: 95,529 shs
Market Capitalization: C$7.58 billion

P/E Ratio: 10.84
Dividend Yield: 0.41%
Price Target: C$108.83

Stock Analysis Analyst Forecasts Chart Competitors Headlines

Get Onex alerts:

Onex MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 11.0% Upside
C$108.83 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.46
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.37 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
Onex has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Onex has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for ONEX.

0.8

Dividend Strength

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 4.42%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ONEX.

2.5

News and Social Media Coverage

News Sentiment
Onex has a news sentiment score of 0.46. 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 news sentiment score is similar to the average news sentiment of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Onex this week, compared to 2 articles on an average week.
Search Interest
3 people have searched for ONEX on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Onex insiders have not sold or bought any company stock.
Percentage Held by Insiders
17.67% 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
Only 36.38% of the stock of Onex is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Onex is 10.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Onex is 10.84, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 457.48.
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 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Onex Stock (TSE:ONEX)

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.

ONEX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ONEX Stock News Headlines

April 18, 2024 | morningstar.com

Onex Corporation Shs Subord.Voting

April 17, 2024 | marketwatch.com

Toronto Stocks Edge Lower; Parkland Shares Up After Rebuffing Call for Strategic Review

April 19, 2024 | Stansberry Research (Ad)

Strange new buyer driving up gold

One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

April 17, 2024 | finance.yahoo.com

Education Tech Firm PowerSchool Slumps on Short Seller Report

April 15, 2024 | marketwatch.com

Onex Looks to Buy Back Up to 10% of Public Float

April 15, 2024 | finance.yahoo.com

Onex Files Normal Course Issuer Bid

April 11, 2024 | msn.com

Posidonia 2024 marks the rebirth of the Greek shipbuilding industry

April 10, 2024 | msn.com

Reunert merges IQbusiness, +OneX into ‘digital integrator’

April 19, 2024 | Stansberry Research (Ad)

Strange new buyer driving up gold

One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

April 8, 2024 | markets.businessinsider.com

Canadian Market Subdued In Lackluster Trade

April 8, 2024 | finance.yahoo.com

With 53% ownership of the shares, Onex Corporation (TSE:ONEX) is heavily dominated by institutional owners

April 3, 2024 | nytimes.com

6 Insiders Tell You What They Love to Do in Switzerland

April 2, 2024 | theglobeandmail.com

Canadian Tire’s down year prompts zero bonuses for executives

April 2, 2024 | msn.com

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March 29, 2024 | msn.com

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March 29, 2024 | msn.com

Tinubu’s Renewed Hope Agenda working in Abuja – Wike insists

March 26, 2024 | markets.businessinsider.com

Healthcare, Technology Stocks Rise; TSX Modestly Higher

March 26, 2024 | msn.com

Spirit AeroSystems Stock Surges Following Calhoun’s Strong Hint at Takeover. Valuation Assessment?

March 25, 2024 | msn.com

Boeing CEO Dave Calhoun says a deal to acquire Spirit AeroSystems is still on even though he's leaving

March 20, 2024 | msn.com

Boeing Contemplates Selling Portion of Its Defense Business: Implications Explored

March 19, 2024 | msn.com

Boeing Might Sell Part of Its Defense Business. Here’s What That Could Mean.

March 19, 2024 | msn.com

Wike's ₦1.15trn plan to transform FCT, rural communities for better living

March 15, 2024 | finanznachrichten.de

Cisco Systems Inc.: How Sponsorship Is a Catalyst for Change

March 1, 2024 | nz.finance.yahoo.com

Q4 2023 Outbrain Inc Earnings Call

February 26, 2024 | msn.com

2 Reasons to Buy Onex Stock Like There’s No Tomorrow

February 25, 2024 | benzinga.com

Onex Partners IV GP LP's Net Worth

February 25, 2024 | finance.yahoo.com

Onex Full Year 2023 Earnings: EPS: US$6.66 (vs US$2.77 in FY 2022)

See More Headlines

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Company Calendar

Last Earnings: 8/13/2015
Today: 4/19/2024
Next Earnings (Estimated): 5/10/2024

Get Stock Alerts

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$108.83
High Stock Price Target: C$129.00
Low Stock Price Target: C$81.00
Potential Upside/Downside: +11.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$9.04
Trailing P/E Ratio: 10.84
Forward P/E Ratio: 219.36
P/E Growth: 1.47
Net Income: C$529 million
Net Margins: 48.85%
Pretax Margin: N/A
Return on Equity: 6.29%
Return on Assets: 3.73%

Debt

Debt-to-Equity Ratio: 0.71
Current Ratio: 2.96
Quick Ratio: 2.41

Sales & Book Value

Annual Sales: C$1.08 billion
Price / Sales: 7.02
Cash Flow: C$4.02 per share
Price / Cash Flow: 24.41
Book Value: C$110.65 per share
Price / Book: 0.89

Miscellaneous

Outstanding Shares: 77,330,000
Free Float: N/A
Market Cap: C$7.58 billion
Optionable: Not Optionable
Beta: 1.57

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Key Executives

Mr. Gerald Wilfred Schwartz O.C. (Age 82)
Founder & Chairman
Comp: $1.77M
Mr. Robert M. Le Blanc (Age 57)
CEO & Director
Comp: $1.36M
Mr. Ewout R. Heersink (Age 73)
Vice Chairman
Comp: $543.29k
Mr. Christopher Allan Govan CPA (Age 54)
Chief Financial Officer
Comp: $1.63M
Mr. Anthony Munk (Age 64)
Vice Chairman
Comp: $543.29k
Mr. Terry Hickey
Managing Director of Technology, Corporate Services & Innovation
Ms. Janet Lumb
Vice President of Corporate Real Estate & Administration
Mr. Yonah Elimelech Feder J.D.
MD & Chief Compliance Officer
Ms. Jill Homenuk CFA
Managing Director of Shareholder Relations & Communications
Ms. Heather Hrousalas
Chief Human Resources Officer

Key Competitors

View All Competitors

ONEX Stock Analysis - Frequently Asked Questions

Should I buy or sell Onex stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Onex in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ONEX shares.
View ONEX analyst ratings or view top-rated stocks.
What is Onex's stock price target for 2024?: 4 Wall Street analysts have issued 1-year price objectives for Onex's stock. Their ONEX share price targets range from C$81.00 to C$129.00. On average, they predict the company's stock price to reach C$108.83 in the next twelve months. This suggests a possible upside of 11.0% from the stock's current price.
View analysts price targets for ONEX or view top-rated stocks among Wall Street analysts.
How have ONEX shares performed in 2024?: Onex's stock was trading at C$92.53 on January 1st, 2024. Since then, ONEX shares have increased by 5.9% and is now trading at C$98.02.
View the best growth stocks for 2024 here.
When is Onex's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our ONEX earnings forecast.

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) earnings per share for the quarter. The firm earned $6.45 billion during the quarter. Onex had a trailing twelve-month return on equity of 6.29% and a net margin of 48.85%.
Is Onex a good dividend stock?: Onex (TSE:ONEX) pays an annual dividend of C$0.40 per share and currently has a dividend yield of 0.40%. The dividend payout ratio is 4.42%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ONEX.
What other stocks do shareholders of Onex own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Onex investors own include Jean Coutu Group (PJC.A), Pason Systems (PSI), Bank of Nova Scotia (BNS), Lightspeed Commerce (LSPD), Enbridge (ENB), Manulife Financial (MFC), Toronto-Dominion Bank (TD), Dollarama (DOL), Costco Wholesale (COST) and TC Energy (TRP).
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.

This page (TSE:ONEX) was last updated on 4/19/2024 by MarketBeat.com Staff

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Onex (ONEX) Stock Price, News & Analysis

Onex MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Onex Stock (TSE:ONEX)

ONEX Stock Price History

ONEX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

ONEX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™