Onex Corp has seen a slight uptick this week amid recent corporate developments.
Onex Corp (ONEX.TO) experienced a modest increase in its stock price this week, closing at C$108.06 on Thursday. This reflects a 0.36% rise for the day and a 0.73% increase over the week. The stock's performance follows several notable corporate announcements, including the release of its first-quarter financial results for 2026 and the renewal of its normal course issuer bid.
Investor takeaway: Investors should consider the recent corporate developments and the company's financial health, as reflected in its latest results and strategic moves, when evaluating Onex Corp's stock.
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Onex Corp
ONEX.TO
ONEX.TO
Onex Corp
WealthAwesomeMarket cap
$8.73B
P/E
12.3x
Div. yield
0.25%
Div. / share
$0.29
52W high
$131.01
52W low
$94.97
1W change
+1.94%
Beta
0.96
Analyst Price Targets
Based on analyst covering ONEX
Wall Street analysts forecast ONEX stock price to rise 33.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$152.50
+33.5% Upside
Current Price
C$114.21
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ONEX's historical volatility
30-Day Vol
29.1%
Annualized
90-Day Vol
28.3%
Annualized
Trend (90d)
+14.7%
Annualized drift
90d Mean
C$120.37
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$116.23 | C$105.11 โ C$128.52 |
| 60 trading days | C$118.28 | C$102.61 โ C$136.35 |
| 90 trading days | C$120.37 | C$101.13 โ C$143.26 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Onex Corp's stock has a profit margin of 68.2% and a P/E ratio of 9.18.
With a market cap of approximately C$8.23 billion and an average analyst target of C$155.00, there is room for growth based on current valuations.
Bull case
Onex's strong profit margins and the positive outlook from analysts suggest significant growth potential. The Convex segment is showing robust performance, which adds to the optimism.
Bear case
Despite these positive aspects, the stock has underperformed year-to-date. Uncertainties surrounding market conditions could pose risks for investors.
Recent Price Action
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Onex Corp's stock closed at C$108.06 on Thursday, marking a 0.36% increase for the day and a 0.73% rise over the past week. However, the stock has declined by 2.61% over the last month and is down 5.20% year-to-date.
Corporate Developments
Recent headlines surrounding Onex include the announcement of its first-quarter financial results for 2026, where the company reported strong performance in its Convex segment. Additionally, Onex has renewed its normal course issuer bid, allowing it to repurchase up to 10% of its public float in subordinate voting shares over the next year. These developments may signal confidence in the company's future prospects.
Technical Picture
From a technical standpoint, Onex's stock is trading below both its 50-day moving average of C$109.19 and its 200-day moving average of C$110.61, indicating potential bearish sentiment in the short to medium term. The stock has a beta of 0.96, suggesting it is slightly less volatile than the broader market. With a 52-week range of C$94.97 to C$131.01, the current price represents approximately 36% of this range. The recent trading volume of 130,886 shares is slightly above the 20-day average volume of 121,348 shares, reflecting increased interest.
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Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
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