Stocks

What's Going On With Onex Corp Stock Wednesday?

By Wealth Awesome Newsroom -
Stocks & ETFs:ONEX.TO
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Onex Corp's stock sees slight movement amidst broader market trends.

Onex Corp (ONEX.TO) has experienced a modest increase of 0.03% in today's trading, although the stock has dipped by 1.16% over the past week. As investors keep an eye on the financial sector, Onex is set to announce its second-quarter results on August 13, 2026, which may provide further insight into its performance and future outlook.

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Onex Corp

ONEX.TO

Full stock page โ†’

ONEX.TO

Onex Corp

Source:WealthAwesomeWealthAwesome
โ†“ $8.95 (-7.76%)
120 day period
$95.96$106.35$116.74Jan 29Apr 27Jul 21

Market cap

$8.17B

P/E

9.1x

52W high

$131.01

52W low

$94.97

1W change

-1.16%

Beta

0.96

Analyst Price Targets

Based on analyst covering ONEX

๐Ÿ“ˆ

Wall Street analysts forecast ONEX stock price to rise 45.6% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$155.00

+45.6% Upside

Current Price

C$106.42

Last close

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on ONEX's historical volatility

HistoricalForecast68%95%
C$66.61C$79.04C$91.48C$103.92C$116.35C$128.79TodayMar 13May 19Jul 21Sep 2Oct 16Nov 28

30-Day Vol

25.1%

Annualized

90-Day Vol

27.0%

Annualized

Trend (90d)

-38.8%

Annualized drift

90d Mean

C$92.66

Expected price

HorizonExpected68% Range (1ฯƒ)
30 trading daysC$101.62C$93.20 โ€“ C$110.80
60 trading daysC$97.04C$85.86 โ€“ C$109.67
90 trading daysC$92.66C$79.77 โ€“ C$107.64

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯƒ, 95% band = ยฑ2ฯƒ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Investor takeaway: While Onex Corp's stock has seen a slight uptick today, broader trends show a decline over the past month and year-to-date. The upcoming earnings announcement could be a pivotal moment for investors looking to reassess their positions.

Onex Corp's stock has a P/E ratio of 9.10, indicating potential value.

With a market cap of approximately C$8.17 billion and an EPS of 11.76, Onex Corp shows solid fundamentals, but its recent performance may deter some investors.

Bull case

Onex Corp has a strong profit margin of 68.2%, reflecting effective management and operations. Analysts have set an average target of C$155.00, suggesting significant upside potential from the current price. This could attract investors looking for growth opportunities.

Bear case

Despite its solid fundamentals, Onex's stock has underperformed in the last month and year-to-date, raising concerns about its short-term prospects. The current stock price is below both the 50-day and 200-day moving averages, indicating a bearish trend.

Recent Price Action

Onex Corp's stock closed at C$105.28 today, reflecting a slight increase of 0.03%. However, the stock has faced a decline of 1.16% over the past week and a more pronounced drop of 2.73% in the last month. Year-to-date, the stock is down 6.64%, indicating a challenging environment for investors.

Company News

Onex Corp is scheduled to announce its second-quarter results for 2026 on August 13, 2026. This upcoming earnings report may provide critical insights into the company's financial health and strategic direction, which could impact investor sentiment and stock performance.

Technical Picture

From a technical standpoint, Onex Corp's stock is trading below its 50-day moving average of C$108.56 and its 200-day moving average of C$110.30, indicating a bearish trend. The stock's 52-week range is C$94.97 to C$131.01, with the current price at approximately 29% of this range. The stock has a beta of 0.96, suggesting it is slightly less volatile than the overall market. Recent trading volume stands at 79,362 shares, which is notably lower than the 20-day average volume of 109,234 shares, indicating decreased trading activity.


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