Is Onity Stock a Good Investment?
Onity Investment Advice | ONIT |
- Examine Onity's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Onity's leadership team and their track record. Good management can help Onity navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Commercial & Residential Mortgage Finance space and any emerging trends that could impact Onity's business and its evolving consumer preferences.
- Compare Onity's performance and market position to its competitors. Analyze how Onity is positioned in terms of product offerings, innovation, and market share.
- Check if Onity pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Onity's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Onity Group stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Onity Group is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Onity Stock
Researching Onity's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). 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 determine if Onity is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Onity's research are outlined below:
| Onity Group has high likelihood to experience some financial distress in the next 2 years | |
| Onity Group was previously known as OCN Old and was traded on NASDAQ Exchange under the symbol OCN. | |
| The company reported the previous year's revenue of 1.14 B. Net Loss for the year was (63.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| About 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from zacks.com: Onity Group Earnings Expected to Grow Should You Buy |
Onity Quarterly Long Term Debt |
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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. Below are the table of largest EPS Surprises Onity's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-05 | 2024-09-30 | 1.27 | 2.6566 | 1.3866 | 109 | ||
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's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 232.14 M.Market Cap |
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Onity's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Equity | (0.18) | (0.17) |
Determining Onity's profitability involves analyzing its financial statements and using various financial metrics to determine if Onity is a good buy. For example, gross profit margin measures Onity's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Onity's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Onity's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Onity Group. Check Onity's Beneish M Score to see the likelihood of Onity's management manipulating its earnings.
Evaluate Onity's 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 0.03 in 2025, whereas Return On Tangible Assets are likely to drop (0.01) in 2025. Total Current Liabilities is likely to drop to about 188 M in 2025. Liabilities And Stockholders Equity is likely to drop to about 10.2 B in 2025| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 60.52 | 57.49 | |
| Tangible Book Value Per Share | (282.64) | (268.50) | |
| Enterprise Value Over EBITDA | 41.14 | 43.20 | |
| Price Book Value Ratio | 0.42 | 0.44 | |
| Enterprise Value Multiple | 41.14 | 43.20 | |
| Price Fair Value | 0.42 | 0.44 | |
| Enterprise Value | 9.8 B | 6 B |
The operational strategies employed by Onity management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Beta 1.839 |
Basic technical analysis of Onity Stock
As of the 7th of February, Onity holds the Risk Adjusted Performance of 0.1935, semi deviation of 1.19, and Coefficient Of Variation of 442.37. 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's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Onity insiders, such as employees or executives, is commonly permitted as long as it does not rely on Onity's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Onity insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Glen Messina over three months ago Acquisition by Glen Messina of 14349 shares of Onity subject to Rule 16b-3 |
Understand Onity's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Onity's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1935 | |||
| Market Risk Adjusted Performance | 0.6451 | |||
| Mean Deviation | 1.36 | |||
| Semi Deviation | 1.19 | |||
| Downside Deviation | 1.67 | |||
| Coefficient Of Variation | 442.37 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.89 | |||
| Information Ratio | 0.1766 | |||
| Jensen Alpha | 0.3758 | |||
| Total Risk Alpha | 0.2279 | |||
| Sortino Ratio | 0.2085 | |||
| Treynor Ratio | 0.6351 | |||
| Maximum Drawdown | 9.83 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 3.75 | |||
| Downside Variance | 2.79 | |||
| Semi Variance | 1.42 | |||
| Expected Short fall | (1.55) | |||
| Skewness | 0.5265 | |||
| Kurtosis | 3.25 |
| Risk Adjusted Performance | 0.1935 | |||
| Market Risk Adjusted Performance | 0.6451 | |||
| Mean Deviation | 1.36 | |||
| Semi Deviation | 1.19 | |||
| Downside Deviation | 1.67 | |||
| Coefficient Of Variation | 442.37 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.89 | |||
| Information Ratio | 0.1766 | |||
| Jensen Alpha | 0.3758 | |||
| Total Risk Alpha | 0.2279 | |||
| Sortino Ratio | 0.2085 | |||
| Treynor Ratio | 0.6351 | |||
| Maximum Drawdown | 9.83 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 3.75 | |||
| Downside Variance | 2.79 | |||
| Semi Variance | 1.42 | |||
| Expected Short fall | (1.55) | |||
| Skewness | 0.5265 | |||
| Kurtosis | 3.25 |
Consider Onity's intraday 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 time-series forecasting models is one of many Onity's stock analysis techniques aimed to predict 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.
Onity Stock media impact
Far too much social signal, news, headlines, and media speculation about Onity that are available to investors today. That information is available publicly through Onity media outlets and privately through word of mouth or via Onity internal channels. However, regardless of the origin, that massive amount of Onity data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Onity news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Onity relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Onity's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Onity alpha.
Onity Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Onity can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Onity Maximum Pain Price Across April 17th 2025 Option Contracts
Onity's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Onity close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Onity's options.
Onity Corporate Management
| Jenna Evans | Chief VP | Profile | |
| Joseph JD | Chief Officer | Profile | |
| Aaron Wade | Executive Officer | Profile | |
| Dennis Zeleny | Executive Officer | Profile | |
| Joseph Samarias | Chief Officer | Profile |
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.