Onex (OTCMKTS:ONEXF) Posts Earnings Results

Onex (OTCMKTS:ONEXF) issued its earnings results on Friday. The company reported ($0.02) EPS for the quarter, Zacks reports. The firm had revenue of $108.00 million during the quarter. Onex had a net margin of 68.14% and a return on equity of 7.94%.

Onex Stock Performance

OTCMKTS:ONEXF opened at $77.60 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.86 and a quick ratio of 2.86. Onex has a one year low of $61.24 and a one year high of $85.07. The company has a market cap of $5.75 billion, a PE ratio of 8.81 and a beta of 1.55. The firm has a 50-day moving average of $78.19 and a 200-day moving average of $74.56.

Onex Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 13th were issued a dividend of $0.0721 per share. This represents a dividend yield of 0.37%. The ex-dividend date was Friday, January 10th. Onex’s dividend payout ratio is currently 3.18%.

Wall Street Analysts Forecast Growth

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

About 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.