ONEX Co. (OTCMKTS:ONEXF) announced a quarterly dividend on Thursday, May 14th, Zacks reports. Investors of record on Friday, July 10th will be given a dividend of 0.072 per share on Friday, July 31st. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.63%. The ex-dividend date is Thursday, July 9th.
ONEXF opened at $45.86 on Tuesday. The company has a quick ratio of 61.31, a current ratio of 61.31 and a debt-to-equity ratio of 0.02. ONEX has a 12 month low of $25.66 and a 12 month high of $68.42. The company has a fifty day simple moving average of $45.67 and a 200 day simple moving average of $51.38. The stock has a market cap of $4.45 billion, a P/E ratio of -10.10 and a beta of 1.52.
ONEX (OTCMKTS:ONEXF) last released its quarterly earnings data on Friday, May 15th. The company reported ($9.12) EPS for the quarter. The firm had revenue of ($990.00) million during the quarter. ONEX had a net margin of 389.88% and a negative return on equity of 5.56%.
ONEXF has been the subject of a number of research reports. Scotiabank lowered their target price on ONEX from $76.00 to $74.00 and set an “outperform” rating for the company in a report on Monday, June 29th. Canaccord Genuity increased their price objective on shares of ONEX from $68.00 to $72.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Royal Bank of Canada increased their price objective on shares of ONEX from $62.00 to $63.00 and gave the stock an “outperform” rating in a research note on Monday, March 30th. CIBC reduced their price objective on shares of ONEX from $82.00 to $81.00 and set an “outperform” rating for the company in a research note on Tuesday, May 19th. Finally, ValuEngine upgraded shares of ONEX from a “sell” rating to a “hold” rating in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. ONEX currently has a consensus rating of “Buy” and an average target price of $75.70.
ONEX Company Profile
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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