Onex (OTCMKTS:ONEXF) Posts Earnings Results

Onex (OTCMKTS:ONEXF) issued its quarterly earnings results on Friday. The company reported ($0.02) EPS for the quarter, Zacks reports. Onex had a return on equity of 7.94% and a net margin of 68.14%.

Onex Price Performance

Shares of Onex stock remained flat at $77.60 on Friday. The company’s stock had a trading volume of 7,569 shares, compared to its average volume of 11,400. Onex has a twelve month low of $61.24 and a twelve month high of $85.07. The company’s 50 day moving average price is $78.25 and its two-hundred day moving average price is $74.40. The company has a quick ratio of 2.86, a current ratio of 2.86 and a debt-to-equity ratio of 0.01. The company has a market cap of $5.75 billion, a P/E ratio of 8.81 and a beta of 1.55.

Onex Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 13th were given a $0.0721 dividend. The ex-dividend date was Friday, January 10th. This represents a yield of 0.37%. Onex’s dividend payout ratio (DPR) is presently 3.18%.

Analyst Ratings Changes

Separately, TD Securities upgraded Onex from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 12th.

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.