Onex Co. (OTCMKTS:ONEXF) Receives $105.20 Average PT from Brokerages

Shares of Onex Co. (OTCMKTS:ONEXFGet Rating) have been assigned an average rating of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $105.20.

Several research firms have recently weighed in on ONEXF. Canaccord Genuity Group cut their target price on shares of Onex from C$104.00 to C$91.00 in a report on Thursday, July 28th. Royal Bank of Canada lifted their price target on shares of Onex from C$98.00 to C$102.00 in a research note on Friday, August 12th. Finally, Scotiabank dropped their price target on shares of Onex from C$118.00 to C$105.00 in a research note on Friday, August 12th.

Onex Price Performance

OTCMKTS:ONEXF opened at $47.85 on Friday. The firm has a market cap of $4.10 billion, a price-to-earnings ratio of 5.56 and a beta of 1.50. The company has a 50 day moving average price of $51.39 and a 200-day moving average price of $56.50. Onex has a 1-year low of $44.36 and a 1-year high of $79.83.

Onex (OTCMKTS:ONEXFGet Rating) last posted its earnings results on Thursday, August 11th. The company reported ($2.15) earnings per share for the quarter. The firm had revenue of ($207.00) million for the quarter. Onex had a net margin of 70.24% and a return on equity of 9.54%.

Onex Cuts Dividend

The firm also recently announced a dividend, which was paid on Sunday, July 31st. Shareholders of record on Friday, July 8th were paid a dividend of $0.0768 per share. The ex-dividend date was Thursday, July 7th. This represents a yield of 0.62%. Onex’s dividend payout ratio (DPR) is presently 3.46%.

About Onex

(Get Rating)

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.

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Analyst Recommendations for Onex (OTCMKTS:ONEXF)

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