(ONEX) Onex - Ratings and Ratios

Onex Corporation is a leading private equity firm with a diverse investment strategy, focusing on acquisitions and platform investments. The firm specializes in buyouts, upper-middle market, large-cap, mid-cap, and small-cap companies, as well as distressed firms. It also invests in recapitalization, growth capital, corporate carve-outs, operational restructuring of undervalued businesses, and build-ups. Onex targets industries such as industrials, healthcare, financial services, consumer goods, and business services & software. The firm primarily invests in global businesses headquartered in North America, including the United States and Canada, and Europe. Onex typically invests between $125 million and $1000 million in companies with minimum revenues of $300 million, though it may waive the size requirement for industries where it already has a presence. The firm makes direct investments and co-investments through managed private equity, real estate, and credit funds, seeking a control position in its portfolio companies. Founded in 1984, Onex is based in Toronto, Canada, with additional offices in New York, New York; Englewood Cliffs, New Jersey; Boston, Massachusetts; and London, United Kingdom.

As of the latest data, Onex Corporation (TO:ONEX) has a market capitalization of 6385.78M CAD, with a price-to-earnings ratio of 16.24 and a forward P/E of 222.22. The price-to-book ratio is 0.54, and the price-to-sales ratio is 10.45, with a return on equity of 3.60. The stocks average 20-day volume is 191110, with a last price of 95.62. Technical indicators show SMA 20 at 92.98, SMA 50 at 98.64, SMA 200 at 101.59, and an ATR of 3.64.

Based on the provided data, here is a 3-month forecast for Onex Corp (TO:ONEX):

1. Month 1: The stock is expected to trade between 92.98 and 98.64, with potential resistance at the SMA 50 level. The high forward P/E of 222.22 may indicate investor expectations of significant growth, but the low RoE of 3.60 could temper near-term upside.

2. Month 2: If the stock breaks above 98.64, it may test the SMA 200 level of 101.59. However, the high P/S ratio of 10.45 and moderate ATR of 3.64 suggest limited upside momentum. Support is expected to hold around the SMA 20 level of 92.98.

3. Month 3: The stock is likely to remain range-bound between 92.98 and 101.59. The low P/B ratio of 0.54 could attract value investors, but the high forward P/E may lead to volatility. Traders should monitor the SMA 200 level as a key resistance point and the SMA 50 as a potential support level.