Onex (OTCMKTS:ONEXF) Upgraded at TD Securities

TD Securities upgraded shares of Onex (OTCMKTS:ONEXF) from a hold rating to a strong-buy rating in a research report released on Tuesday,Zacks.com reports.

Onex Stock Performance

Shares of ONEXF opened at $82.00 on Tuesday. The company has a current ratio of 2.87, a quick ratio of 2.87 and a debt-to-equity ratio of 0.01. The firm’s fifty day simple moving average is $70.97 and its two-hundred day simple moving average is $70.06. Onex has a 12 month low of $61.24 and a 12 month high of $85.07. The stock has a market capitalization of $6.25 billion, a P/E ratio of 9.29 and a beta of 1.54.

Onex (OTCMKTS:ONEXF) last released its earnings results on Friday, November 8th. The company reported $1.68 EPS for the quarter. The business had revenue of $199.00 million during the quarter. Onex had a return on equity of 7.95% and a net margin of 68.14%.

Onex Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 11th were paid a dividend of $0.0736 per share. This is an increase from Onex’s previous dividend of $0.07. This represents a yield of 0.42%. The ex-dividend date of this dividend was Thursday, October 10th. Onex’s dividend payout ratio is 3.29%.

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.