Onity Group Stock Analysis
| ONIT Stock | 30.27 0.12 0.39% |
Onity Group is undervalued with Real Value of 33.34 and Target Price of 41.67. The main objective of Onity stock analysis is to determine its intrinsic value, which is an estimate of what Onity Group is worth, separate from its market price. There are two main types of Onity's stock analysis: fundamental analysis and technical analysis.
The Onity stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Onity is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday. Onity Stock trading window is adjusted to America/New York timezone.
Onity |
Onity Stock Analysis Notes
About 21.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.52. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Onity Group last dividend was issued on the 26th of August 1999. The entity had 1:15 split on the 14th of August 2020. To find out more about Onity Group contact Glen Messina at 561 682 8000 or learn more at https://www.onitygroup.com.Onity Quarterly Total Revenue |
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Onity Group Investment Alerts
| Onity Group had very high historical volatility over the last 90 days | |
| Onity Group was previously known as Ocwen Financial and was traded on New York Stock Exchange under the symbol OCN. | |
| The company reported the previous year's revenue of 1.04 B. Net Loss for the year was (63.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Onity generates negative cash flow from operations | |
| Onity Group has a poor financial position based on the latest SEC disclosures | |
| About 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from zacks.com: Onity Is Attractively Priced Despite Fast-paced Momentum |
Onity Largest EPS Surprises
Earnings surprises can significantly impact Onity's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-02 | 2024-03-31 | 1.19 | 3.74 | 2.55 | 214 | ||
2024-02-27 | 2023-12-31 | 0.93 | -6.0 | -6.93 | 745 |
Onity Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 232.14 M.Onity Profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.06) | (0.06) | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | (0.06) | (0.06) |
Management Efficiency
Onity Group has return on total asset (ROA) of 0.0283 % which means that it generated a profit of $0.0283 on every $100 spent on assets. This is way below average. Onity's management efficiency ratios could be used to measure how well Onity manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.02 in 2024, whereas Return On Tangible Assets are likely to drop (0.06) in 2024. Non Current Liabilities Other is likely to gain to about 1.1 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 208.9 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 132.31 | 211.64 | |
| Tangible Book Value Per Share | 131.91 | 211.28 | |
| Enterprise Value Over EBITDA | 114.86 | 109.11 | |
| Price Book Value Ratio | 0.02 | 0.02 | |
| Enterprise Value Multiple | 114.86 | 109.11 | |
| Price Fair Value | 0.02 | 0.02 | |
| Enterprise Value | 9 B | 5.8 B |
The analysis of Onity's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Onity's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Onity Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Operating Margin 0.5779 | Profit Margin 0.0016 | Beta 1.839 | Return On Assets 0.0283 | Return On Equity 0.0036 |
Technical Drivers
As of the 13th of October 2024, Onity holds the Risk Adjusted Performance of 0.0776, coefficient of variation of 1190.07, and Semi Deviation of 2.76. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Onity, as well as the relationship between them.Onity Group Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Onity middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Onity Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Onity Predictive Daily Indicators
Onity intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Onity stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Onity Forecast Models
Onity's time-series forecasting models are one of many Onity's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Onity's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Onity Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Onity prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Onity shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Onity. By using and applying Onity Stock analysis, traders can create a robust methodology for identifying Onity entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.39 | 0.23 | |
| Operating Profit Margin | 0.01 | 0.01 | |
| Net Loss | (0.06) | (0.06) | |
| Gross Profit Margin | 0.93 | 0.70 |
Current Onity Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Onity analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Onity analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 41.67 | Strong Buy | 4 | Odds |
Most Onity analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Onity stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Onity Group, talking to its executives and customers, or listening to Onity conference calls.
Onity Stock Analysis Indicators
Onity Group stock analysis indicators help investors evaluate how Onity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Onity shares will generate the highest return on investment. By understating and applying Onity stock analysis, traders can identify Onity position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 274.2 M | |
| Long Term Debt | 10.9 B | |
| Common Stock Shares Outstanding | 7.6 M | |
| Total Stockholder Equity | 12.5 B | |
| Tax Provision | 5.6 M | |
| Quarterly Earnings Growth Y O Y | -0.318 | |
| Property Plant And Equipment Net | 13.1 M | |
| Cash And Short Term Investments | 255.1 M | |
| Cash | 255.1 M | |
| Net Debt | 8.8 B | |
| 50 Day M A | 26.9786 | |
| Total Current Liabilities | 219.9 M | |
| Other Operating Expenses | 917.9 M | |
| Non Current Assets Total | 2.7 B | |
| Non Currrent Assets Other | -9.8 B | |
| Stock Based Compensation | 9.7 M |
Additional Tools for Onity Stock Analysis
When running Onity's price analysis, check to measure Onity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Onity is operating at the current time. Most of Onity's value examination focuses on studying past and present price action to predict the probability of Onity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onity's price. Additionally, you may evaluate how the addition of Onity to your portfolios can decrease your overall portfolio volatility.