On Friday, Old National Bancorp (NASDAQ: ONB) opened lower -1.09% from the last session, before settling in for the closing price of $16.48. Price fluctuations for ONB have ranged from $12.36 to $17.82 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 31.37%. Company’s average yearly earnings per share was noted -10.31% at the time writing. With a float of $315.84 million, this company’s outstanding shares have now reached $318.97 million.
The extent of productivity of a business whose workforce counts for 3940 workers is very important to gauge.
Old National Bancorp (ONB) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Old National Bancorp is 0.98%, while institutional ownership is 78.36%. The most recent insider transaction that took place on Apr 25 ’24, was worth 803,825. In this transaction CHIEF FINANCIAL OFFICER of this company sold 49,375 shares at a rate of $16.28, taking the stock ownership to the 88,712 shares. Before that another transaction happened on Aug 11 ’23, when Company’s EXECUTIVE CHAIRMAN sold 50,000 for $16.81, making the entire transaction worth $840,500. This insider now owns 215,796 shares in total.
Old National Bancorp (ONB) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -10.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 9.72% growth over the previous five years of trading.
Old National Bancorp (NASDAQ: ONB) Trading Performance Indicators
Check out the current performance indicators for Old National Bancorp (ONB). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.97. Likewise, its price to free cash flow for the trailing twelve months is 9.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.85, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 2.04 in one year’s time.
Technical Analysis of Old National Bancorp (ONB)
The latest stats from [Old National Bancorp, ONB] show that its last 5-days average volume of 1.51 million was inferior to 2.03 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 18.53%. Additionally, its Average True Range was 0.35.
During the past 100 days, Old National Bancorp’s (ONB) raw stochastic average was set at 38.21%, which indicates a significant increase from 8.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.75% in the past 14 days, which was lower than the 27.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.72, while its 200-day Moving Average is $15.90. Now, the first resistance to watch is $16.40. This is followed by the second major resistance level at $16.51. The third major resistance level sits at $16.62. If the price goes on to break the first support level at $16.18, it is likely to go to the next support level at $16.07. The third support level lies at $15.96 if the price breaches the second support level.
Old National Bancorp (NASDAQ: ONB) Key Stats
There are currently 318,971K shares outstanding in the company with a market cap of 5.20 billion. Presently, the company’s annual sales total 2,540 M according to its annual income of 581,990 K. Last quarter, the company’s sales amounted to 673,500 K and its income totaled 120,280 K.
