TSE:ONEX

Onex Corp (ONEX.TO)

110.08
+1.29 (1.19%)
as of May 29, 2026, 8:00:00 pm Market Open.
168 watching
0
Investor Insights
star iconMay 29, 2026, 12:00 am

This summary was created by AI, based on 2 opinions in the last 12 months.

Onex Corp (ONEX-T) is showing resilience in the face of significant sell-offs in the private equity sector, which positions it favorably compared to its peers. Experts note that while the stock has experienced stagnant performance for a while, a recent breakout above $100 has sparked optimism. This company is recognized for its ability to acquire valuable assets and leverage them effectively, bolstered by its global reach and expertise in private equity. The current yield stands at a modest 0.32%, and analysts have set a price target of $144.00, indicating potential for further growth. Overall, it seems like a sound long-term investment, especially for those seeking exposure to private equity.

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Consensus
Positive
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Valuation
Fair Value
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Similar
Blackstone,BX
HOLD

He owned it before. He owns a lot of private equity companies where there's been a big sell-off. ONEX has held up well to these peers. If you own this, let it compound. Not a bad company and not expensive.

TOP PICK

Stock's gone nowhere for a fair bit of time. Latest move from 2023 is quite positive, and broke out above $100. With volatility in the markets, these guys pick up great assets and make something of them. Why not capitalize on their expertise? Global, gives you private equity exposure to companies you wouldn't have on your own. Yield is 0.32%.

(Analysts’ price target is $144.00)
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Dec 31/24, Down 4.4%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with ONEX has triggered its stop at $108.  To remain disciplined, we recommend covering the position at this time.  When combined with our previous guidance, this will result in a net investment gain of 6%.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

We reiterate ONEX as a TOP PICK.  Recently reported earnings showed growth again in cash reserves as the company bought back shares.  Its structured credit business closed on 23 transactions, raising over $5 billion in new fee generating business.  It trades at 9x earnings and under book value.  We recommend trailing up the stop (from $89) to $108, looking to achieve $145 -- upside potential of 27%.  Yield 0.2%

(Analysts’ price target is $1450.00)
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

We reiterate ONEX, a Canadian private equity firm with WestJet in its portfolio, as a TOP PICK.  It trades at 7x trailing earnings and under book value.  The company is prudently using some cash reserves to draw down debt and buy back shares.  We recommend trailing up the stop (from $77) to $89, looking to achieve $121 -- upside potential of 19%.  Yield 0.3%

(Analysts’ price target is $121.33)
PAST TOP PICK
(A Top Pick Nov 28/23, Up 10%)

Very well-run. Still likes it. Their Q2 report noted book value of $150 while shares are $100. At some point this gap will compressed. They heavily buy their own shares.

COMMENT

The CFO likes it on a fundamental basis. He has tolerated some negativity because of the fundamentals but wants to see it hold there.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

ONEX has over $49 billion in assets under management including WestJet - with over $8 billion of its own assets invested.  It trades under book value.  Recently reported earnings showed a 27% increase in quarterly EPS.  We recommend setting a stop-loss at $77, looking to achieve $119 -- upside potential of 28%.  Yield 0.3%  

(Analysts’ price target is $119.00)
PAST TOP PICK
(A Top Pick Jun 28/23, Up 10%)

Will continue to hold. Business performing well. Earnings continue to rise. Strong management team with sharp capital allocation skills. Current share price is cheap. Market not recognizing value in business. $145/share in capital, with a share price below $100/share. 

PAST TOP PICK
(A Top Pick Nov 28/23, Up 3%)

Wonderful franchise that generates excellent profits. New CEO very experienced. Believes share price should be around $140 / share. Currently undervalued with room for growth. Will continue to own shares. 

DON'T BUY

More of a niche, smaller, private equity player that gets left out of transactions. Could narrow discount to NAV, say, by using excess cash to buy back shares. But that would reduce ability to do deals. Likely to continue to trade at a discount. Instead, look at BN.

TOP PICK

Shares plunged in 2022 and part of this year, but have nearly recovered. Gerry Schwartz is no longer CEO. They've bought and sold many businesses. Onex's intrinsic value is $130-140, but shares trade at $90, so there's a big disconnect by the market. Onex keeps buying back shares and are ramping up acquisitions.

(Analysts’ price target is $112.33)
COMMENT

Likes the private equity space. Has rallied 30% since June, but still trading at a discount to NAV. Has a long track record. A great way for investors to participate in areas that are closed to them, making private equity public.

TRADE

It is going sideways and is on his watchlist. There is lots of upside ahead when it breaks out of its consolidation phase. The breakout hasn't happened yet so he is not buying, but you could trade it - buy it at the bottom of its trading range and sell it at the top. He gives the chart a 5 out of 10 which is not bad.

DON'T BUY

Very strong management team.
Hard stock to value. Private equity firm.
Trading at discount to net asset value.
High interest rates makes it hard for company to grow.
Better names to own.

Showing 1 to 15 of 261 entries

Onex Corp (ONEX.TO) Frequently Asked Questions

What is Onex Corp stock symbol?

Onex Corp is a Canadian stock, trading under the symbol ONEX.TO (previously ONEX-T on Stockchase) on the Toronto Stock Exchange (ONEX-CT). It is usually referred to as TSX:ONEX or ONEX.TO

Is Onex Corp a buy or a sell?

In the last year, 1 stock analyst published opinions about ONEX.TO (previously ONEX-T on Stockchase). 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Onex Corp.

Is Onex Corp a good investment or a top pick?

Onex Corp was recommended as a Top Pick by Jordan Zinberg on 2023-02-03. Read the latest stock experts ratings for Onex Corp.

Why is Onex Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.

Is Onex Corp worth watching?

1 stock analyst on Stockchase covered Onex Corp in the last year. It is a trending stock that is worth watching.

What is Onex Corp stock price?

On 2026-05-29, Onex Corp (ONEX.TO) stock closed at a price of $110.08.